As highlighted in Colliers’ Q3 2019 U.S. Office Market Outlook, the U.S. office market posted another solid quarter in Q3 2019. Net absorption fell but occupancy remains at a record high and rents continue to inch upwards, despite growth being lower than the prior quarter. Net absorption remains positive and is up by 22% year over year. Occupancy gains remain largely dominated by tech firms, which continue to expand apace.

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For more details on the latest office trends, download the U.S. Office Market Outlook. Be sure to also explore the Q3 2019 update to Your Market Insights Hub | U.S. Office, which presents the latest data and forecasts in a detailed, interactive format – including a new metro map feature.