Defense Sector Expected to Create Demand for Dayton Office Market
Author: Loren DeFilippo
Date Published: 10/15/2018
Through three quarters of 2018, the Dayton office market has posted a net loss in occupancy of approximately 200,000 square feet, resulting in an increase in overall market vacancy of 1.6 percentage points to 21.6%. Losses were spread throughout the region, but most notably in the Central Business District and South submarkets. Additionally, losses were spread across building classes fairly evenly, although during the most recent quarter, Class A properties posted a gain in the East submarket and broke even in the South submarket.