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12

CUSHMAN & WAKEFIELD

DOWNTOWN OFFICE MARKET

Downtown Office Market Vacancy Rate VACANCY RATE

16.0%

$65.0

$60.0

14.0%

12.2%

$55.0

11.8%

12.0%

$50.0

10.0%

$45.0

8.0%

$40.0

$/sf

6.0%

$35.0

4.0%

$30.0

2.0%

$25.0

0.0%

$20.0

Vacancy has been high— due mainly to new construction

Cushman & Wakefield | © 2019