Nashville has had the nation’s most dynamic office market, and illustrates how secondary cities have become so important.

CHICAGO—Tenants within the US office sector became a bit cautious during the winter, but leasing activity rebounded strongly in the second quarter, according to a new report from Cushman & Wakefield. Net occupancy grew, and nationally, landlords were able to push up rents to a new high. Furthermore, developers have ramped up construction, and experts say they see no sign of overbuilding.

“Construction is finally starting to catch up to absorption,” Ken McCarthy, C&W principal economist and author of the report, tells GlobeSt.com. “But this is still not a construction boom like we’ve seen in the past.”

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