“Continued economic strength has begun to lift office performance, staging the sector for dramatic gains in 2014. Steady employment growth over the last several years has been slow to translate into absorption, but much of the extra space held by companies is rapidly filling up. As a result, many markets may reach a tipping point in 2014 that will rapidly drop vacancies – particularly with construction remaining limited.” — Marcus & Millichap Research Services

 

Read the full report here.