U.S. Office MarketBeat Reports

Revathi Greenwood • 1/16/2020
Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.

U.S. businesses  continued to add jobs at a healthy clip in the fourth quarter of 2019. Job gains boosted demand for office space, keeping absorption levels consistent with that of the past three years despite uncertainty surrounding tariffs and trade issues. Employment in the key office-using sectors of financial services, professional services and information increased by 150,000 jobs. This employment growth led to healthy positive absorption. A total of 14.1 million square feet (msf) was absorbed during the quarter.

Total leasing volume (including renewals) was 79 msf in the fourth quarter of 2019, a decline from 90.3 msf in the third quarter of the year. Technology was, once again, the top leasing sector, however, it accounted for only 23.6% of the major leases in the fourth quarter of 2019,

Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

Featured  Insights

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
FlexibleSpace-Card
Research • Workplace

Flexible Space: Misplaced Schadenfreude?

Implications for CRE
9/12/2019
demographics (image)
Research • Forecast / Outlook

Demographic Shifts: The World in 2030

How Boomers, Millennials and Gen Z Will Impact the Global Workplace by 2030
Dominic Brown • 1/7/2020

CAN'T FIND WHAT YOU'RE LOOKING FOR?

We’re on hand to help. Get in touch and we can assist with any additional information you need.