US Office Sector Enjoys Steady Q2 Leasing Momentum Even as Rent Growth Slows Sales Stall
The U.S. office market continued its steady momentum in the second quarter, recording 39.4 million square feet of net absorption in the first six months of 2016, nearly equaling the 40.2 million square feet absorbed during the record-setting first half of last year. The U.S. office vacancy rate ticked down another 15 basis points to 10.6% in the second quarter of 2016, well below the long-term historical vacancy rate of 11.3%. CoStar analysts...
- Kings Crossing Shopping Center Sold for $14M
- What Are Americans' Top Housing Concerns?
- 2 Men Charged in Deadly Agent Carjacking
- 10 Most Expensive Real Estate Markets
- Firms Eye First Bond Backed by Home Rental Payments
- Young Luxury Buyers Want ‘Hippie' Amenities
- Both Home Prices and Affordability on the Rise
- Signs of a Bad Moving Company
- Freddie Tests Less Stringent Loan Program
- Billionaire: Home Ownership Still the Best Investment