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Brokers predict more subleases to come 

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Brokers expect more big firms to sublease space by the end of the year, due to the layoffs in the financial sector. Only about 1.4 million square feet of office space has been subleased so far, less than half of the space brokers say should be shed. Brokers say either financial firms don’t want to dump their space only to lease it back at a higher rate when the economy rebounds, or that an increase in subleases is still to come. 

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