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United States Office Outlook - Q4 2013

17 Feb, 2014

‚ÄčIn 2013, the U.S. office sector handed in its best performance in seven years. Leasing activity increased, absorption neared 40 million square feet and vacancy dipped to its lowest point since 2007. 2014 will begin without consistent clouds from the Washington public sector with elements of bipartisanship sweeping through a federal budget for the first time since 2009. That accomplishment, coupled with a private sector economy that will see employment levels return to pre-recession levels by midyear, will continue to bolster corporate confidence and heighten economic prospects ahead not just in a handful of markets, but across the overwhelming majority of the country. Download research

Provided by: Jones Lang LaSalle

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