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Los Angeles Times: Teradata to occupy former Northrop building in El Segundo

By Roger Vincent. High office vacancy will remain common for the foreseeable future as businesses put more workers into less space, according to USC's annual Casden office and industrial property forecast.

December 10, 2012

The regional economy has strengthened the last year and enabled some businesses to hire more workers, according to USC's annual Casden office and industrial property forecast...

"We predict office market rents to stabilize in as little as six months, but a sustained recovery could be many years off," Casden report author Tracey Seslen said.

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Link: Los Angeles Times