U.S. Office Vacancy Rate Remains Flat In Third Quarter – Reis

One America News Network | 11/23/2011 | Staff
Nighty (Posted by) Level 3
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(Reuters) – U.S. office vacancy rate was unchanged at 16.6 percent in the third quarter, according to real estate research firm Reis Inc .

Overall net absorption, measured in terms of available office space sold in the market during a certain time period, dropped to 3.5 million square feet of office space in the third quarter, compared with 5.5 million square feet, a year earlier.

Sluggishness - Office - Market - Nothing - Deceleration

“The sluggishness in the office market is nothing new, but the deceleration contrasts an otherwise healthy economy as office employment growth has picked up in 2018 from rates seen in 2017,” according...
(Excerpt) Read more at: One America News Network
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