U.S. Office Market Snapshot

by CoyDavidson on June 7, 2011

U.S. Office Market
Summary Statistics Q1 2011

Vacancy Rate: 15.4%
Change from Q4 2010: -0.1%
Absorption: 8.1 Million Square Feet
New Construction: 7.5 Million Square Feet
Under Construction: 25.7 Million Square Feet

Asking Rents Per Square Foot
Downtown Class A: $39.55
Suburban Class A: $26.20

Read more: North American Office Highlights (Q1 2011)

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