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2020 Q4 Milwaukee Office Market Report

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Market shows strength through suburban product, downtown market heavily impacted by pandemic.

The Metro Milwaukee office market is still seeing a strong amount of positive activity among smaller tenants. However, a handful of significant spaces coming online, particularly downtown, in Q4 resulted in negative absorption and an increase in market-wide vacancy. While that was the case, suburban office product experienced positive absorption in Q4 after realizing nearly negative 200,000 square feet of absorption over the prior quarters in 2020. With availability across all size ranges and lower rates, activity at suburban product will hopefully continue to help minimize any negative activity seen, as tenants continue to evaluate their space needs.

2019 Q3 Milwaukee Office

2020 Q4 Milwaukee Office Market Report

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Margaret Blair

Director of Marketing & Research


Margaret leads Colliers | Wisconsin’s Marketing and Research Group. In her role, Margaret is responsible for the creation of business development and marketing materials, oversees the marketing,  research and analytics platform,   providing interpretation and analysis of market trends to bolster the efforts of our advisors and clients. In addition, Margaret is responsible for leading the overall vision of the marketing and research platform, including its conversion to a distinct service line within our family of companies. Stepping outside of the traditional marketing and research role, Margaret’s team analyzes, interprets and presents data holistically in effort to guide more effective decision making for real estate owners, end users and community members. 

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