2018 Q4 New Castle County, DE Office Report

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New Castle County, DE Office Market | Overview

Key Trends

  • The vacancy rate increased from 13.1% at the end of the 2nd quarter to 12.2%.
  • Occupancy gains in the suburban market were offset by a loss in Downtown Wilmington.
  • The weighted average asking rent increased to $25.93 full service.
  • Investment activity increased in the third and fourth quarters after a quiet first half.

 


2018Q4OfficeNewCastleCountyReportSearchCard

2018 Q4 New Castle County, DE Office Report

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