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2022 | Q2 | Omaha | Office Market Report

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Omaha Market Sees Negative Absorption For The First Time Since 2020

Several significant economic factors are currently at work across the U.S., rising interest rates, surging inflation, and labor supply issues. According to the U.S. Labor Department, U.S. inflation rate hit a new 40 year high in May seeing 8.6 percent increase. The Federal Reserve implemented a series of interest rate increases with the hopes of curbing inflation to avoid a recession, resulting in the highest interest rates since 1994. Freddie Mac reported 30-year fixed-rate mortgages were 5.25 percent on May 19, an increase of 2.25 percentage points from one-year prior, and a 2.15 percentage point increase in 2022. Despite all the macroeconomic concerns, the Omaha market has only seen a minimal pullback to date in our economy. 


Omaha, Office

2022 | Q2 | Omaha | Office Market Report

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Jessica Moline

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Adam Marek

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Adam joined Colliers International in January 2008 as an associate with the advisory services group. He brings with him almost two decades of commercial real estate knowledge. His experience lies in both retail and commercial sales, leasing and management. Adam’s understanding of the commercial real estate environment allows him to provide his clients with the best possible advisory services available in the marketplace.

Prior to joining Colliers, Adam worked as a brokerage associate at a local commercial real estate firm assisting national and local clients with site selection and excess space disposition. He completed a multitude of leases for both tenants and landlords as well as a number of investment sales.

 

Adam began his commercial real estate career as a property manager dedicating himself to the day-to-day responsibilities of eight to ten retail shopping centers in Omaha totaling over 500,000 square feet. Not only was he accountable for the physical condition and the financial performance of the properties, but he was also responsible for the marketing of the available space.‚Äč

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