rental growth rate
rental growth rate
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The expected trend in market rental rates over the period of projection, expressed as an annual percentage increase. In the chart,rents are expected to be at $43 a foot for 2007, climb rapidly to $50 a foot for 2008 because of a lack of new buildings coming online,remain at $50 a foot during 2009 because of the opening of new buildings,and then climb moderately afterward.