Suburban Chicago fundamentals tighten slightly, yet region largely remains tenant favorable.
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The third quarter brings little change to Phoenix office market conditions, plentiful tenant options remain.
Regional availability declines, but increases seen in the Philadelphia CBD.
"Market still favors tenants amidst uptick in leasing activity. "
"Overall market tightens slightly; Class A space in demand while Class B options balloon. "
"Class A options become more limited with continued flight to quality. "
"Availability remains elevated as construction booms in Montgomery County. "
"Availability continues to decline, but at a slower pace. "
"Availability continues to tighten, particularly in the CBD. "
"Availability increases year over year, but not overly affected by influx of new development due to abundant preleasing. "
"Asking rents increase over the year, particularly in the CBD. "
"The Savills Legal Tenant reviewed law firm activity over 20,000 square feet (sf) through the first half of 2019, tracking transactions across key U.S. markets."
"Asking rents on the rise, particularly in Class A space."