Investors Realty, Inc. 2019 Year End Office Report

Investors Realty, Inc. 2019 Year End Office Report

The Omaha office market saw strong performance in 2019 with 577,000 square feet of absorption. There were 202 office lease transactions (larger than 1,000 square feet each) totaling 1,033,881 square feet. The market ended the year with a 5.4% vacancy rate and 1.3 million square feet under construction. The most notable transaction was LinkedIn’s 200,000 square foot build-to-suit lease at Sterling Ridge, a development which is seeing significant new construction in the office, institutional and residential sectors. These factors all compare very favorably to the office market performance over the past few years.

OFFICE REPORT HIGHLIGHTS:

  • Omaha Office Market Overview
  • Absorption Update
  • Vacancy Analysis
  • Construction Update
  • Detailed Data by Omaha Office Submarket
  • Lease Transactions
  • Notable Transactions

To read and download the complete report please click here.