Peninsula Office Market Sees Positive Net Absorption for the First Time in Seven Quarters

The Peninsula office market displayed signs of stabilization in the third quarter of 2024, with improved vacancy rates and positive absorption numbers, according to the latest data from brokerage firm Kidder Mathews. Though persistent challenges remain, the data suggests a potential turning point for the region. Market Highlights: - Total Vacancy: 22.9 percent (down from […]