Fourth Quarter Market Reports Now Available
February 08, 2017
Download the latest Office and Industrial market reports for Memphis. Highlights include:
Memphis Office Report (Click Here to Download)
- Direct vacancy increased slightly from third quarter.
- Regions Bank initiated largest move-out of the quarter vacating 10,000 sf in East submarket.
- Rental rates fell for the first time this year.
- MAA selects new office HQ.
Memphis Industrial Report (Click Here to Download)
- Direct vacancy fell 0.9% to 7.8% at year-end, the lowest rate on record.
- Rental rates increased slightly this quarter.
- Demand for industrial space is forecasted to remain strong through 2017.