Q3 2019 Top Office Markets Snapshot Report

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Fundamentals Hold Firm in the Leading U.S. Office Markets

Our latest research report presents the key trends and statistics for the top 10 office markets in the U.S. The leading office markets in the U.S. remain, for the most part, on solid ground. While the third quarter wasn’t exceptional, rents are still rising, construction is largely in check and vacancy rates are holding firm. Seven of our top 10 office markets posted positive absorption in the third quarter with levels rising in five. Where negative absorption did occur, it was mostly marginal and is not seen as indicative of a shift in market direction.

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Q3 2019 Top Office Markets Snapshot Report

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Cynthia Foster

President, National Office Services USA

New York

Cynthia is President of National Office Services for Colliers International, the world’s third largest publicly traded (“CIGI” on NASDAQ) real estate services company. She leads the firm’s U.S. national office services platform, advising office tenants on their real estate occupancy strategies and advising real estate investors on their leasing agencies and dispositions.

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Stephen Newbold

Director of National Office Research

Washington, DC

Stephen has  over 20 years of senior Commercial Real Estate (CRE) Research experience gained in both the US and UK.  He has an expert knowledge of many  CRE  markets across the US. Having worked with brokerage firms, asset managers and data providers he has a broad spectrum of experience and is adept in forecasting, analysis and strategy. Prior to joining Colliers Stephen  was a Research Director with CoStar based in Washington DC. His career history also includes eight years as  Director of US Office Research with Deutsche Asset Management and six years as Partner and Head of Research with Newmark Knight Frank in London, UK.

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