Office Market Reports

Our quarterly Office Markets Reports are an in-depth compilation of office leasing statistics and trends, major transactions, submarket comparisons, employment trends, and investment and development trends.

Market Snapshot Reports provide market overviews, statistics, trends and recent transactions specific to over a dozen US Markets.

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Research search results: 100 found

 
Northern New Jersey 2018 Q1 Market Report

Northern New Jersey 2018 Q1 Market Report

May 10, 2018

Demand has slipped well below long-term averages in Northern New Jersey. Tenants have a lot of leverage across the market. Landlords in some areas continue to repurpose obsolete office product as industrial or residential product when and where it is feasible.

 
 
 
Philadelphia 2018 Q1 Market Report

Philadelphia 2018 Q1 Market Report

May 10, 2018

Large companies continue to seek more efficiency in their space, which is pushing up availability rates. Demand for quality space remains strong, though, with leasing activity above average and rents in the CBD at an all-time high.

 
 
 
Washington, DC Region 2018 Q1 Market Report

Washington, DC Region 2018 Q1 Market Report

May 10, 2018

2018 has brought some of the most tenant- favorable office market conditions ever seen across all jurisdictions of the Washington metro region. A preference for efficient and amenitized space has led to the highest amount of new development since the recession, and tenants across all industry sectors are benefiting from unprecedented options, flexibility and concessions as they make real estate decisions in the current cycle.

 
 
 
Houston 2018 Q1 Market Report

Houston 2018 Q1 Market Report

May 09, 2018

Global oil markets have slowly reined in the issue of excess supply in the last few quarters. The threat of a glut in production has not been fully put to rest, though. Similarly, Houston is just starting to work through its ample excess availability, putting tenants in the driver's seat.

 
 
 
Manhattan Q1 2018 Market Report

Manhattan Q1 2018 Market Report

May 09, 2018

Tenants have capitalized on the extensive concessions being offered. For the time being, though, base rent remains 10% to 15% too high for most tenants. Until more landlords budge on taking rent, demand will be kept in check."

 
 
 
Baltimore 2017 Q4 Market Report

Baltimore 2017 Q4 Market Report

February 16, 2018

Baltimore's office market continues to offer tenants a wide range of office product, ranging from premier newer buildings to more reasonably priced suburban office space. Availability tightened in a handful of areas as tenants targeted high-quality newer office product. Several significant redevelopment projects such as Port Covington and Columbia Town Center will open up more opportunities in the coming quarters. 

 
 
 
South Florida Q4 2017 Office Market Report

South Florida Q4 2017 Office Market Report

February 16, 2018

Following trends seen across many U.S. markets, South Florida's office market posted steady leasing over the last four quarters. Consistent demand, coupled with constrained construction activity, creates challenges for larger tenants seeking qualiy space.   

 
 
 
Los Angeles Q4 2017 Market Report

Los Angeles Q4 2017 Market Report

February 09, 2018

A market reduction in the number of larger leases, particularly by tech and entertainment companies, kept leasing activity under its long-term average during the second half of the year. As demand slows across more of the market, tenants are finding a few more space options even in West Los Angeles.

 
 
 
National 2017 Q4 Market Report

National 2017 Q4 Market Report

February 09, 2018

Employers continue to cater to the tastes and preferences of talent. So too are office landlords. Generous concessions are no longer enough to capture and lure tenants. In a world of reduced demand, asset differentiation is critical. Savvy owners are adding shared amenities in the building and space buildout that enhance the comfort, convenience and productivity of their tenants, and their employees.

 
 
 
Austin 2017 Q4 Office Market Report

Austin 2017 Q4 Office Market Report

January 30, 2018

Although there are some signs that payroll expansion among profesional/business services slowing, Austin's tech sector is more than making up for the reduced demand. Tenants seeking high-quality space in core locations will need to start their search early and be aggressigve during 2018.

 
 
 

Key contacts

Keith DeCoster

Director of U.S. Real Estate Analytics

+1 212 326 1023

+1 212 326 1023