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Second Quarter Market Watch Report 2018

SecondQuarter Market Watch Report 2018

Landmark’s Senior Vice President, Thomas Posavec, SIOR has released the Second Quarter 2018 Market Watch Report.

While the Greater Harrisburg Office Market failed to make significant gains in the Second Quarter of 2018 we enter the Third Quarter with suburban markets boasting occupancy rates between 93% and 95%. Absorption totaled negative 7,134 sq. ft., although we are encouraged by the increase in activity from our small business users and remain impressed with the outlook for owners of premier properties as opportunities dwindle for first class options.

Read more: Second Quarter Market Watch 2018