Video – Reis Q4 2013 Office Trends

Reis VP of Economics & Research, Dr. Victor Calanog, provides an update on Office sector performance for the 4th quarter of 2013.

Reis VP of Economics & Research, Dr. Victor Calanog, provides an update on Office sector performance for the 4th quarter of 2013.

Some highlights include:

  • Vacancies have declined by 10 basis points or less since the fourth quarter of 2007.
  • Occupancy improved in 39 out of 82 primary markets.
  • Acceleration in rent growth is expected during 2014.