2018 Q4 Solano and Napa Counties Office Market Research Report

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2018 Q4 Napa - Solano County Office Market Report ImageVacancy Shifts Course and Declines

After increasing for the first three quarters of 2018, the office vacancy rate in Solano and Napa counties declined in the fourth quarter, dipping from 16.5 to 16.1 percent. Net absorption for the quarter was positive 19,682 square feet. The combined average asking rate across all classes of office continues to steadily rise, increasing in the fourth quarter from $1.91 to $1.96 per square foot per month full service (FS).

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2018 Q4 Solano and Napa Counties Office Market Research Report

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