Research
Akron Office Outlook Q3 2021 | JLL Research
Sublease vacancy beginning to stabilize, however, leasing activity remains subdued in Akron
October 01, 2021
Contributors:
- Andrew Batson
- Joe Warren
Through the course of the pandemic, the Akron office market has turned tenant favorable. Despite landlords holding firm on starting rental rates, there has been a considerable uptick in concessions on long-term deals. Overall, Akron’s leasing activity has remained suppressed since the start of the year as companies embrace flexible work setups for their employees and continue to delay long-term real estate decisions.
Our Q3 2021 Akron Office Outlook provides a detailed overview of industrial market fundamentals, including vacancy, asking rental rates, construction, sales, and employment.