Colliers International: Q3 2015 Top Office Metros Snapshot

| November 5, 2015 | 0 Comments

Collier International has released its newest office research product -The Top U.S. Office Metros Snapshot. This one page document serves as a quarterly summary of the largest 10 U.S. office metros (Manhattan, Washington, D.C., Chicago, Dallas, the San Francisco Bay Area, Houston, Atlanta, Los Angeles County, Boston and Seattle.

Key Findings include:

  • Metro office vacancies across product types declined or were flat in nine of the ten markets during the third quarter; Manhattan and Seattle both registered sub-10% vacancy rates.
  • The San Francisco Bay Area shows the lowest vacancy with a rate of 7.3% in the third quarter with the CBD’s of Boston and Philadelphia also performing strongly, posting rates of 9.3% and 8.2%, respectively
  • Absorption trends are anticipated to remain positive as year-end has proven to be strong historically. Additionally, with construction constrained in most markets, vacancies continue to track downward

Download a copy HERE

 

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