Tag Archives: Seattle

Chart of the Week: Phoenix in the lead after the second quarter

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In honor of football season, we explored how the office markets of Phoenix’s rivals in Saint Louis, San Francisco and Seattle matched up to their professional football teams. Phoenix is a rising star both on and off the field, recording the largest absorption gains of the year as of the second quarter.

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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