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 real estate trends in 50 leading U.S. office markets along with their...
• Medical office building (MOB) vacancy fell 10 basis points in 2021, while Office vacancy rose 160 basis points. • An increase in absorption and slowing deliveries drove the improvement in fundamentals. • Average net asking rents rose 1.7% in 2021, to a new...
