Resurgence in Office Leasing: Breakout Economic Growth Forecasts Higher Rates of Net Absorption
The U.S. office market posted solid net absorption levels in the second and third quarters of 2018 of 18.0 million and 11.0 million square feet, respectively. This level of new leasing is likely due to higher-than-expected economic growth and the subsequent demand brought about by jobs created in the office-using sectors. This increase in demand…
