Top North American Office Markets for Q3 2014

Rent Growth

Looking at the Q3 2014 rankings of the U.S. and Canadian office markets tracked by Colliers International in terms of rent growth, Houston leads North American markets for CBD Class A Office inventory. One interesting note: San Francisco  and all of the East Bay and South Bay office markets ranked among the top 10 in terms of year-over-year Class A rent growth, including Suburban Oakland and Pleasanton/Tri-Valley ranking first and second, respectively, among all suburban markets.

Class A CBD Average Asking Rent Growth – YOY

Class A Suburban Average Asking Rent Growth — YOY

Source: Colliers International

Coy Davidson is Senior Vice President of Colliers International in Houston. He publishes The Tenant Advisor blog.