Office (Occupancy)

Source: Moody’s Analytics CRE

Vacancies Continue to Rise Amid Banking Turmoil – Q1 Office Analysis

Future of office debates have reverberated in recent weeks as the stability of the banking system and their commercial real estate investments have come into question.

2019 National Office Occupancy

Year-over-year office vacancy rate percentages compared nationally and by region, updated quarterly.

2018 National Office Occupancy

Year-over-year office vacancy rate percentages compared nationally and by region, updated quarterly.

National Vacancies

Net absorptions for office markets decreased in all regions in the third quarter of 2017, compared to the same period in 2016. The Northeast registered the most significant drop—down by 73.7 percent—, and the West followed with a 45.3 percent decrease.

National Vacancies

Net absorptions for office markets decreased during the second quarter of 2017, compared to the same quarter of 2016, in all regions.

National Vacancies

Vacancy rates for office markets are expected to decrease by 2.7 percent in the Midwest and remain almost the same as in the first quarter of this year for the other regions.

National Vacancies

U.S. office market conditions from Q4 2014 to Q4 2017*

National Vacancies

U.S. office market conditions from Q3 2014 to Q3 2017*

Leasing Lowdown

U.S. office market conditions from Q2 2014 to Q2 2017*

Totally Tighter

U.S. office market conditions from Q1 2014 to Q1 2017*