Tuesday, October 05, 2010

Office Vacancy at 17-Year High
I read over at Calculated Risk (which got its data from Reis) that commercial office vacancies are at a seventeen-year high.  I linked the Calculated Risk graph below:

http://4.bp.blogspot.com/_pMscxxELHEg/TKqliaH3NZI/AAAAAAAAJc4/J7vQL3hzOCo/s320/OfficeVacancyRateQ32010.jpg


Graphically, it looks like the rate of decline in occupancy rates has slowed and looks to be leveling out.  Rents appear to be stabilizing, too.

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