U.S. Office Market Statistics | 24Q3

U.S. Office Market Statistics | 24Q3

Limited new construction resulted in a lower quarterly increase in vacancy. The Q3 national rate was up 10 basis points from last quarter to 17.7%. CBD vs. Suburban Vacancy Office Under Construction 50.3 Million Square Feet Construction pricing and uncertainty in...
U.S. Industrial Market Outlook Report | Q1 2024

U.S. Industrial Market Outlook Report | Q1 2024

U.S. Industrial Demand Fell in Q1 but Will Build as New Supply Falls Industrial construction completions outstripped tenant demand for the seventh quarter in a row, pushing the U.S. average vacancy rate up 50 basis points, to 6.1% during the first quarter of 2024 —...