Office asking rents up in U.S., vacancies flat

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By Staff Report / Friday, May 10th, 2019 / Comments Off on Office asking rents up in U.S., vacancies flat

Office absorption remains robust, leading office asking rents to increase by 1 percent nationally during the first quarter, according to the Yardi Matrix National Office Report for April. The national vacancy rate remained steady at 13.7 percent. Transaction activity was slow in the first quarter, with only $13.3 billion of deals closed. That was down…

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