Q3 2019 Office Market Outlook Report

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U.S. Office Market Fundamentals Remain Sound

The U.S. office market posted another solid quarter in Q3 2019. Net absorption fell but occupancy remains at a record high and rents continue to inch upwards, despite growth being lower than the prior quarter. Net absorption remains positive and is up by 22% year over year. Occupancy gains remain largely dominated by tech firms, which continue to expand apace.

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Q3 2019 Office Market Outlook Report

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Cynthia Foster

Executive Managing Director, Business Development

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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