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US office market absorption at 6,9M sft in 1Q2017

25 April 17 - Irene Theofanidou
US office market absorption at 6,9M sft in 1Q2017

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NAI Hellas

Consultant - GREECE

PEOPLE

In the first quarter of 2017, U.S. net absorption totaled 6.9 million square feet (MSF), almost identical to the 6.8 MSF absorbed in the fourth quarter of 2016. However, it appears that the pace of office space absorption has slowed, reflecting the overall moderation in the pace of job growth compared with previous years.

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