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National Market Reports

National Office Market

Average Asking Rent (Price/SF)             $27.32
Vacancy Rate (%)              13.6%
Net Absorption (SF)     10,768,966

The national office market posted strong absorption during the third quarter as demand outpaced completions for the first time in four quarters. Comparatively, demand was tepid in the first half of the year. Asking rents continue to tick upward as the delivery of newer product elevates pricing and fundamentals are sturdy.

National Industrial Market

Average Asking Rent (Price/SF)             $6.36
Vacancy Rate (%)               5.5%
Net Absorption (SF)   53,976,357

The U.S. industrial market recorded higher asking rents and absorption during the third quarter, as the industrial asset class continued to outperform other sectors.



National Office Market Report
3Q17
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National Industrial Market Report
3Q17
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