Tag Archives: New York

Q2 U.S. Office Outlook: Office vacancy continues to fall as rents grow for the 10th consecutive quarter

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JLL Research just released its quarterly outlook on the U.S. office sector. The growing strength of the economic base helped position the domestic office market in its best light in more than two years.

Driven by increased touring velocity and expanding leasing activity, vacancy levels fell below 17.0 percent for the first time in nearly five years. Quarterly absorption levels topped 10.0 million square feet for the first time since the end of 2011 and only… Read More