Office Markets Post Up Quarter
A recent CoStar advisory indicates that after posting 10 consecutive quarters of decreasing overall vacancy because of continued absorption and moderate construction, the US office market showed steady improvement in the 3rd quarter. This included 28,523,205 SF of net absorption. The 3rd quarter closed with an 11.6% office vacancy rate, the lowest in nearly 3 years. "Happy times are here again. the skies of grey....." you know.....