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United States | Charlotte, NC

Report | Charlotte Office Insight - Q3 2015

Summary

With vacancy rates shrinking, asking rates are moving up in one of the premier Charlotte submarkets. The CBD vacancy rate currently sits at 8.3 percent; it has been falling steadily since 2010 during the recession, when it hit a high mark of 15.7 percent. 

The demand for readily available space present in the CBD has pushed developers to break ground, with four projects underway in Downtown and Midtown.

Learn more about what’s happening—and what we expect to occur in the coming months—in the Charlotte office market.

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