Investors Realty Inc. – Q1 2016 Office Report

Investors Realty Inc. – Q1 2016 Office Report

OFFICE MARKET HIGHLIGHTS:

  • Through the first quarter of 2016, the Omaha office market absorbed -31,607 sq. ft.
  • The total vacancy rate climbed .5% from last quarter to 12.0%
  • The average asking rate is $18.34 per square foot, up $.11 per square foot over last quarter and $.16 per square foot over last year.

Download the complete report at http://files.investorsomaha.com/download/OmahaOfficeReport_Q1_2016.pdf