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Q4 2019 Top Office Markets Snapshot Report

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Another Solid Quarter for the Leading U.S. Office Markets

Our latest research report presents the key trends and statistics for the top 10 office markets in the U.S. The leading office markets in the U.S. continue to exhibit steady performance, as evidenced in the fourth quarter. Rents are holding firm, with growth still occurring in some markets, vacancy rates are largely in check and any supply concerns are highly localized. All but one of the top 10 markets posted positive absorption in the fourth quarter with levels rising in five. Where negative absorption did occur, it was marginal and not indicative of any weakening.


Q4 2019 Top Office Markets Snapshot Report

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Stephen Newbold

Director of National Office Research

Washington, DC

Stephen has over 30 years of Commercial Real Estate (CRE) Research experience gained in both the U.S. and U.K.  He has an expert knowledge of many CRE markets across the U.S. Having worked with brokerage firms, asset managers and data providers he has a broad spectrum of experience and is adept in forecasting, analysis and strategy. Prior to joining Colliers, Stephen was a Research Director with CoStar based in Washington D.C. His career history also includes eight years as Director of U.S. Office Research with Deutsche Asset Management and six years as Head of Research with Newmark Knight Frank in London, U.K.

At Colliers, Stephen is responsible for all aspects of U.S. National Office research including authoring quarterly reports, press interviews and multi-market analysis. He works closely with multiple Colliers' business lines including Office Services, Capital Markets, Healthcare, Law Firm Services, Life Sciences, Property Management and Occupier Services. He’s a frequent author of blogs and thought leadership pieces as well as giving presentations to clients and industry groups.

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