Transwestern releases third-quarter market reports

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Asking rates for Class A office space slowed and direct vacancy ticked up in the third quarter, according to Transwestern’s Third Quarter 2016 Economy Report.

  • The Class A direct average asking rate was $30.61/sf, down from $30.76/sf in the second quarter.
  • The Class B direct average asking rate was $22.45/sf up from $22.36/sf.
  • The overall direct average asking rate was $26.25/sf, down from $26.40/sf at the end of the second quarter.
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