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In Atlanta, CoStar’s research showed the average lease term dropped from 62 months in 2013 to 45 months today, a 25% decrease — a significant change in a short time. What role does free rent play in this strategy, and how are trends in securitization affecting lease negotiations? Another big shift is in office size.
Of course, the school has also espoused an interest in responsible spending, considering that a portion of their budget comes from tax-paying citizens. The school has negotiated a 20-year deal that entitles them to an incredible 50 megawatts of energy produced by more than 100 wind turbines spread across two counties.
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