Home > Research > U.S. Market Reports Detail

U.S. Market Reports

National Market Reports

National Office Market

Average Asking Rent (Price/SF)              $27.51
Vacancy Rate (%)               13.5%
Net Absorption (SF)      10,769,732

Office fundamentals firmed in the fourth quarter of 2017, as a year that started softly finished with sturdy absorption and rising rents. However, the construction pipeline is robust, and lenders are becoming more cautious and tightening standards. While asking rents ticked up, so did the vacancy rate, a consequence of the delivery of new product.

National Industrial Market

Average Asking Rent (Price/SF)             $6.51
Vacancy Rate (%)               5.5%
Net Absorption (SF)   56,617,296

The U.S. industrial market recorded rising asking rents and robust absorption during the fourth quarter of 2017, as the industrial asset class continues to outperform other property types.



National Office Market Report
4Q17
Download the PDF
National Industrial Market Report
4Q17
Download the PDF