Office Sector Expected to Perform in 2016

New York, NY, March 14, 2016—The office sector is expected deliver strong performance in 2016, according to National Real Estate Investor.

Vacancy will decrease nationally just as new office development will begin to accelerate—but new development will not stem dropping vacancy rates.

The National Association of Realtors predicts office vacancies will continue dropping through 2016 and 2017, from 13.4% in the fourth quarter of 2016 to 12.7% by 2017.