Ongoing Appetite for Close-In Space Keeps Construction Humming

The end of the first quarter 2021 marked the one-year point since the onset of COVID-19 and there are more impacts on the regional office market. With the pandemic continuing to take its toll on the local and national economy, the quarter’s office data shows a sharp spike in regional vacancy, going from 7.7 percent last quarter to 9.02 percent as of late, according to Kidder Mathews’ quarterly report.

For the full story, go to Connect CRE.

© 2021 Connect CRE. All rights reserved.