I also suggest you read AMB's October 2009 research report on the coming rebound in demand for space which can be found on AMB's site under News and Events, or more specifically:

http://www.amb.com/press/mediakitasset/i...


Highlights are:

Production and trade must rebound in order to restock inventories and to meet even
baseline demand for goods.

Production and trade are in fact rebounding globally.

Consensus trade forecasts imply 2010 U.S. net absorption of more than 100 million square feet and 500 million square feet
globally.