Q4 2015 U.S. Office MarketView Snapshot

January 15, 2016



  • 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

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