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U.S. Market Reports

National Market Reports

National Office Market

Average Asking Rent (Price/SF)           $27.15
Vacancy Rate (%)            13.5%
Net Absorption (SF)     3,986,247

The U.S. office market experienced healthy conditions during the second quarter of the year. Absorption was stout, but vacancy edged higher as deliveries continue to exceed net new demand for space. Rents proceeded to tick up as tenants remain attracted to newer space.

National Industrial Market

Average Asking Rent (Price/SF)             $6.36
Vacancy Rate (%)               5.5%
Net Absorption (SF)   46,712,601

The U.S. industrial market experienced healthy demand during the second quarter, which drove rents to another record high for the cycle.



National Office Market Report
2Q17
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National Industrial Market Report
2Q17
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