The document provides an analysis of the national office market conditions as of mid-2016, highlighting a disciplined and fundamentally strong market with modest improvements. Vacancy rates were at 11.3% at the end of 2015, with effective rents increasing by 3.8%. The document discusses supply-side dynamics, noting a planned delivery of 180 million square feet over the next few years, and highlights differences between CBD and suburban markets.
doj/DataSet10/EFTA01388635.pdf
{"title":"Office Sector Current Conditions","document_date":"July 2016","document_type":"tabular","key_locations":["San Francisco","Seattle","Austin"],"document_subtype":"market analysis","key_organizations":["CBRE-EA","Deutsche Asset Management","NCREIF"],"reference_numbers":["DB-SDNY-0092300","SDNY_GM_00238484","EFTA01388635"]}