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May 6, 2014

Office forecast 2014-2016 across U.S.

TEXAS - The office sector is exhibiting the most divergent performance between markets of any of the major property classes, according to the 2014 Integra Realty Resources report covering major...
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TEXAS – The office sector is exhibiting the most divergent performance between markets of any of the major property classes, according to the 2014 Integra Realty Resources report covering major U.S. markets.

2014 Office Market Conditions and Forecast: CBD Market Class A & B
 Total
Inventory
(SF)
Weighted
Vacancy
Rate
Avg. Annual
Net Absorp. (SF)
2010–2013
Forecast
Avg. Annual
Net Absorp. (SF)
2014–2016
Atlanta, Ga. 16,213,000 25.46% -577,000 900,000
Austin 10,129,378 10.45% 55,950 293,040
Chicago, Ill. 98,000,000 14.35% 412,145 -142,472
Dallas 30,895,730 27.37% -124,000 285,667
Fort Worth 10,124,653 12.63% -10,250 88,667
Houston 52,730,000 10.57% -10,000 310,000
Los Angeles 57,171,518 14.49% -150,000 100,000
San Antonio 4,985,000 28.29% -47,666 72,000


For the full report showing the Suburban Market Area and more, see Office under Austin, Dallas-Fort Worth, Houston and San Antonio Market Data Sources.

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Written by
Online news
Last updated
Mar 28, 2024

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