Tuesday, March 26, 2019

'State of Downtown' report shows slight increase in employment, office vacancy rate

Downtown’s economy held mostly steady in 2018, experiencing slight decreases in office occupancy and retail spending, and a rise in employment and Class A office rents, an annual report released Tuesday by the Downtown Partnership of Baltimore found. At the end of 2018, downtown held 30.1 million square feet of office space with an occupancy rate of 83.1 percent, a little more than a 2 percent drop from 2017. Last year also brought a slight increase in Class A office rents, from $24 to $26 per…



from https://www.bizjournals.com/baltimore/news/2019/03/26/state-of-downtown-report-shows-slight-increase-in.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/183721316762

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