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San Jose and Dallas see biggest rise in US office rents in Q3

High rise: Rents in Dallas, the United States' fifth-largest office market, rose 5.2 per cent, riding the coat-tails of growth in the energy industry during the last few years.

[SEATTLE] San Jose, in California, and Dallas led the US in office-rent increases in the third quarter as US cities benefiting from growth in the technology and energy industries outperformed the gradual national recovery.

Rents after any landlord discounts, known as effective rents,