Office Market Reports

Omaha’s Office Market is performing better than many other metropolitan areas. Omaha saw a reduction in vacancy, reasonable absorption and a healthy number of transactions in 2022. One area of… read more

OFFICE MARKET HIGHLIGHTS: Absorption was positive this quarter (+78,658 SF) after two consecutive quarters of negative absorption to start the year (-263,088 SF in Q1 & Q2 combined). Q3’s positive… read more

OFFICE MARKET HIGHLIGHTS: Q2 was the second quarter in a row of negative absorption (98,943 SF) for a combined total of negative 263,088 SF (Q1 & Q2) on the year…. read more

OFFICE MARKET HIGHLIGHTS: The vacancy rate for the quarter had an immaterial increase from 9.10% to 9.17%. This reflects an active market. Previously, we saw space added to the market… read more

OFFICE MARKET HIGHLIGHTS: At the end of 2019, the vacancy rate was 5.5%. Today, the vacancy rate sits at 9.3%. While this is significantly higher than pre-pandemic levels, the vacancy… read more

OFFICE MARKET HIGHLIGHTS: The vacancy rate finished Q2 at 9.5% increase from 9.1% in Q1 of 2021 and from 7% in Q2 of 2020. We believe vacancy will get worse… read more

OFFICE MARKET HIGHLIGHTS: Inventory – The Omaha Office Market has experienced exponential growth. The inventory has increased by 1.65M square feet from 42,764,759 SF in 2020 Q1 to 44,418,009 SF… read more

The Omaha office market saw 180 new lease transactions for 718,246 square feet in 2020 (leases in excess of 1,000 SF), which is down from a typical year where we… read more