12-month change in total vacancy (bps)
12-month net absorption (as % of inventory)
12-month completions (as % of inventory)
12-month rent growth (p.s.f.)
Investment sales (YTD, billions of $US)
YTD investment sales growth
Average cap rate
12-month change in cap rate (bps)
Methodology: Cap rates pertain to JLL’s expected average ranges for Class A assets being priced as of Q1 2018.
our 2017 Most Expensive Streets study, we look at the priciest U.S. office
space. Those high-profile strips command an average asking rent of $48.65 per
square foot, a 46.9 percent premium compared to the rest of the country.
As investors take a “wait and see” approach about where we are in the cycle and how wholesale political changes could impact markets, there are plenty of questions to go around. In the office sector, however, we may have answers sooner than we think.
Learn where each office market sits within its real estate cycle and evolves every quarter. Hover on a city to access its latest average rent and vacancy rate.
View the complete Q1 2018 U.S. Office Investment Quick Look for more on these latest office trends.
President, Americas Capital Markets
Senior Research Analyst, Office