I would predict that there will be several markets in 2006 that will reach all-time highs: almost all of southern California, Washington, D.C., and midtown New York.

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They know we're here. It's hard to miss us. For now, it's status quo.

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If you get into single-digit vacancy rates, generally speaking, you see speculative development activity coming back. And it is coming back, but it's coming back slowly.

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