2019 | Q1 | Omaha | Office Market Report

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Healthy Economy Fuels Record Low Vacancy in Office Market

The Omaha office market continues to perform well with a record low vacancy rate of 7.3 percent for the first quarter of 2019. Vacancy is 40 basis points lower than the fourth quarter of 2018, 120 basis points lower than first quarter of 2018, and 160 basis points lower than in the first quarter of 2010. There was over 70,000 square feet of absorption for the quarter and more than 75,000 square feet of newly constructed office product added to the inventory.


Omaha, Office

2019 | Q1 | Omaha | Office Market Report

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