US Office Market Stays Vibrant in 4Q


Stay ahead in Chicago! Sign up for GlobeSt.com’s to get our Chicago AM Alert delivered to your inbox daily.

Julia Georgules of JLL
CHICAGO—Despite global economic uncertainty, the US economy continued to expand in 2015 through both employment and output. As a result, office market fundamentals across the US showed no signs of a slowdown, with occupancy growing at a rate 1.3 times faster than new supply, according to a new report by JLL.The nation’s CBDs remain quite healthy, as reflected in the 12.1% vacancy rate, but JLL found that pricing and competition has also encouraged tenants to look to the suburbs in increasing numbers…

US Office Market Stays Vibrant in 4Q

Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.