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For The Record

March 19, 2009

Commercial real estate: A color-coded bar chart with a Business article Wednesday on sluggishness in commercial real estate misrepresented the percentage change in office leases from 2006 to 2008 because the colors were reversed. In Los Angeles County from 2006 to 2008, new leases fell 16.2%, while renewals increased 51.6%. In Orange County, new leases declined 7.8% and renewals rose 57.1%.

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