Top 50 U.S. Office Markets
The U.S. office vacancy rate is stabilizing, which is expected to continue during the first half of 2022 The U.S. office market is at a critical juncture. Following close to two years of pandemic-driven correction, signs of stabilization are emerging. In this report, we examine the national context and outlook before assessing current economic and […]
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The U.S. office vacancy rate is stabilizing, which is expected to continue during the first half of 2022 The U.S. office market is at a critical juncture. Following close to two years of pandemic-driven correction, signs of stabilization are emerging. In this report, we examine the national context and outlook before assessing current economic and [β¦]
The post Top 50 U.S. Office Markets appeared first on THE TENANT ADVISOR.
The U.S. office vacancy rate is stabilizing, which is expected to continue during the first half of 2022 The U.S. office market is at a critical juncture. Following close to two years of pandemic-driven correction, signs of stabilization are emerging. In this report, we examine the national context and outlook before assessing current economic and [β¦]
The post Top 50 U.S. Office Markets appeared first on THE TENANT ADVISOR.
Weβve witnessed some major changes in the last couple of years due to the COVID-19 pandemic β and the office market is no different. So, as people slowly return to the office, CommercialCafe asked commercial real estate brokers and industry experts to share their thoughts on the state of the market in 2022. Specifically, we β¦
The post 2022 U.S Office Market: Expert Outlooks appeared first on CommercialCafe.
Weβve witnessed some major changes in the last couple of years due to the COVID-19 pandemic β and the office market is no different. So, as people slowly return to the office, CommercialCafe asked commercial real estate brokers and industry experts to share their thoughts on the state of the market in 2022. Specifically, we β¦
The post 2022 U.S Office Market: Expert Outlooks appeared first on CommercialCafe.
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Q1 2022 | U.S. Office Market Outlook
by CoyDavidson | May 25, 2022
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713-830-2128
coy.davidson@colliers.com
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Q1 2022 | U.S. Office Market Outlook
by CoyDavidson | May 25, 2022
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A Stable Second Quarter for the U.S. Office Market The U.S. office vacancy rate stands at 15.1%, an increase of 10 basis points in the second quarter. However, vacancy is still comfortably below the record peak of 16.3%, seen at the height of the Global Financial Crisis. Net absorption, which measures the change in occupied office inventory, was positive in over half (53%) of the office markets tracked in our national survey. National office absorption totaled 3.1 million square feet and has bee...
A Stable Second Quarter for the U.S. Office Market The U.S. office vacancy rate stands at 15.1%, an increase of 10 basis points in the second quarter. However, vacancy is still comfortably below the record peak of 16.3%, seen at the height of the Global Financial Crisis. Net absorption, which measures the change in occupied office inventory, was positive in over half (53%) of the office markets tracked in our national survey. National office absorption totaled 3.1 million square feet and has bee...
Capital Markets | Q2 2022 U.S. Market Snapshot Another record-breaking sales quarter is in the books. With $178.8 billion traded, second quarter volume was up marginally from Q1 and 18% from one year prior. In addition, the past four quarters have seen a combined $905.2 billion in sales. However, itβs important to note that the market is at an inflection point. Buyers and sellers are still adjusting to higher borrowing costs. Once the market settles, investors will be able to price the cost of...
Capital Markets | Q2 2022 U.S. Market Snapshot Another record-breaking sales quarter is in the books. With $178.8 billion traded, second quarter volume was up marginally from Q1 and 18% from one year prior. In addition, the past four quarters have seen a combined $905.2 billion in sales. However, itβs important to note that the market is at an inflection point. Buyers and sellers are still adjusting to higher borrowing costs. Once the market settles, investors will be able to price the cost of...
Activity has picked up tremendously over the past quarter, with a continued emphasis on newer product in the city core. There has been a feeding frenzy for Class A product in the CBD, South Central and East areas of Austin, which has resulted in increasing rental rates in those areas. While much of this is [β¦]
The post Q1 2022 Austin Office Report appeared first on THE TENANT ADVISOR.
Activity has picked up tremendously over the past quarter, with a continued emphasis on newer product in the city core. There has been a feeding frenzy for Class A product in the CBD, South Central and East areas of Austin, which has resulted in increasing rental rates in those areas. While much of this is [β¦]
The post Q1 2022 Austin Office Report appeared first on THE TENANT ADVISOR.
Here are the best-performing metros for office construction within the Golden State, based on CommercialEdge data.
The post Top 5 California Markets for Office Construction appeared first on Commercial Property Executive.
Here are the best-performing metros for office construction within the Golden State, based on CommercialEdge data.
The post Top 5 California Markets for Office Construction appeared first on Commercial Property Executive.
Houston Highlights Houstonβs office market posted negative net absorption in Q2 2022, recording (-224,211) square feet. The overall average vacancy rate rose marginally by 10 basis points between quarters from 23.4% to 23.5%. Office inventory remained unchanged, as no new inventory was added and there is 2.0 million SF of office space under construction. Average rental rates increased over the year. Houstonβs Class A overall average full-service rental rate rose from $35.10 per square foot ...
Houston Highlights Houstonβs office market posted negative net absorption in Q2 2022, recording (-224,211) square feet. The overall average vacancy rate rose marginally by 10 basis points between quarters from 23.4% to 23.5%. Office inventory remained unchanged, as no new inventory was added and there is 2.0 million SF of office space under construction. Average rental rates increased over the year. Houstonβs Class A overall average full-service rental rate rose from $35.10 per square foot ...
These cities command respect at a challenging time, writes columnist Sandy Paul.
The post The Sun Beltβs Surging Office Market appeared first on Commercial Property Executive.
These cities command respect at a challenging time, writes columnist Sandy Paul.
The post The Sun Beltβs Surging Office Market appeared first on Commercial Property Executive.
The Major Texas Office Markets Signal Signs of Improvement All three major Texas office markets demonstrated signs of improved market fundamentals in the fourth quarter of 2021. Physical Occupancy is edging its way back up with Austin, Dallas and Houston have been leading the nation in the number of worker back in the office according [β¦]
The post Texas Office Market Update | Q4 2021 appeared first on THE TENANT ADVISOR.
The Major Texas Office Markets Signal Signs of Improvement All three major Texas office markets demonstrated signs of improved market fundamentals in the fourth quarter of 2021. Physical Occupancy is edging its way back up with Austin, Dallas and Houston have been leading the nation in the number of worker back in the office according [β¦]
The post Texas Office Market Update | Q4 2021 appeared first on THE TENANT ADVISOR.