Sentences with phrase «office vacancy rate hovers»

Not exact matches

With the current national office vacancy rate for all classes of space hovering between 14 % and 16 %, landlords these days are as intent on signing and retaining tenants as Shaquille O'Neal is on winning NBA championships.

With development grounded, rents dropping and vacancy rates hovering around 20 percent, the Chicago office market remains mired in the downturn.