Comment on Vacancy rate falls slightly for suburban offices

Vacancy rate falls slightly for suburban offices

Indianapolis The suburban office vacancy rate fell slightly to 22.1 percent in the third quarter, from 22.7 percent in the second quarter. The Downtown office vacancy rate dipped from 20.1 percent to 20 percent. CB Richard Ellis brokerage said the suburban office market is on track to have its best year in the past five, with total occupied space growing by 300,000 square feet.

 

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