Thursday, October 19, 2017

CBRE report: Charlotte tracking for record high absorption

The Charlotte office market is on its way for a record year in absorption. That's according to a third-quarter office market report from CBRE (NYSE:CBRE), which says absorption totaled 484,632 square feet in Q3 — the sixth consecutive quarter of positive absorption in Charlotte. The central business district and Interstate 485 south submarkets made up a bulk of that activity, 88%, with 385,093 and 46,818 square feet of absorption, respectively. The lowest vacancy rate market-wide is Cotswold,…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/10/19/cbre-report-charlotte-tracking-for-record-high.html?ana=RSS%26s=article_search

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