Colliers’ Q1 2017 U.S. Top Office Metros Snapshot report highlights strong rents and solid demand in some markets and challenges in others, from rising vacancies to new supply impacting West Coast markets.
While more than half of the 10 markets tracked in this report witnessed office rent growth in the first quarter, a slowdown in the rate of rent appreciation is already underway. Growth is likely to continue to slow as we near the top of the current market cycle, though notable bright spots remain in some markets.