NAI Market Information provides current demographic and property statistics, as well as a comprehensive market analysis, for more than 350 global markets. The information is gathered by NAI professionals in key markets and compiled in the NAI Global Market Report, published annually with quarterly updates provided online.
Mid Year 2018 | NAI Meridian Office Market Report
Slower Leasing Activity
Leads to Negative Net
The first half of 2018 was a mixed bag as we had negative net absorption overall. The suburbs led the way with <261,941> sq. ft. followed by the CBD at <139,242> sq. ft. These indicate a slower market due to tenants continuing to use less sq. ft. per employee and the continued efficiency of mobile connectivity.
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