Creative Reports
May 30, 2019
Transwestern’s first quarter national office report confirmed the general opinion that U.S. office market remains strong, with overall vacancy holding steady at 9.8 percent. National average asking rents nudged higher during the quarter to $26.63 per square foot, reflecting a 4.1% annual growth rate that exceeded the five-year compound annual average (CAGR) of 3.4%.
