The office market continued its climb upward during the second quarter, with the national vacancy rate falling to 15.3 percent, according to reports by CBRE and Cassidy Turley. Gains in the professional jobs market and tightness in availability should push the market to full recovery by the end of the year, according to experts from the two firms. Art Jones, senior managing economist at CBRE Econometric Advisors, says monthly payroll gains averaged almost 200,000 jobs per month in the ...
NREIonline.com Freemium Content
"Office Market to Hit Full Stride by 2014" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.