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The United States office real estate market is showing strong competition for available space. To get the whole story, download the full U.S. Office Real Estate Market Summary.

Looking up from the ground at office real estate buildings

In the national real estate market for corporate office space, vacancy remains low at 8.9% and more space was absorbed this quarter than what was delivered to the market. In many markets, tenants are experiencing limited supply and increasing rental rates in response to these dynamics.

Q4 2018 national office market fundamental data for absorption (23.2 million SF), vacancy (8.9%), rent ($25.84 PSF), construction (169.7 million SF), and deliveries (15.9 million SF)

The significant amount of new office construction in the pipeline may open up opportunities for those with a flexible real estate strategy.

Learn how to develop a flexible real estate strategy in this webinar.

Learn more in the full summary report 

Now more than ever, office space users must have a sophisticated understanding of the commercial real estate market as they develop a real estate strategy.

Download the full U.S. Office Real Estate Market Summary report for more real estate trends and a deeper dive into several key metros throughout the United States.

Information contained in this report is provided, in part, from third-party sources, including Cresa, the U.S. Bureau of Labor Statistics, Real Capital Analytics, and CoStar Group. Even though obtained from sources deemed reliable, no warranty or representation, expressed or implied, is made as to the accuracy of the information herein.