Q4 2015 U.S. Office MarketView Snapshot

January 15, 2016

 

Overview

  • Economy: Employment gains drive sustained demand for office space
  • Demand: Annual net absorption reaches the highest level since 2006
  • Supply: Net absorption outpaces new supply for 15th - consecutive quarter
  • Vacancy: Vacancy rate falls to eight-year low
  • Rents: Asking rent growth exceeds 5% for the first time since 2008

Download the full report