Office vacancy exhibits a distinct downward trend from highest vacancy in older construction to lowest vacancy in newer construction.
A Local vs. National Comparison: Office Vacancy by Age of Building
National Trend
Local Data
- Inventory built in the 1980s and 1990s show highest rates of vacancy
- However, there is not a distinct pattern of vacancy dependent upon age of the building
Recent Posts
Choosing the Right Buyer Agent/Broker: The Importance of Knowledgeable Representation
Understanding the NAR Settlement: Key Takeaways and Insights
Why You Should Invest in Commercial Real Estate
