Landmark’s Senior Vice President, Thomas Posavec, SIOR has released the Year End 2017 Market Watch Report.
In 2016 the Greater Harrisburg Office Market made significant gains as absorption totaled over 250,000 sq. ft. In the First Quarter of 2017 we witnessed advances of over 55,000 sq. ft. and absorption totaled 305,000 sq. ft. for this five (5) Quarter period. The remainder of 2017 saw more modest advances and absorption closed the year at 130,663 sq. ft. as demand for office properties was less pronounced.
Read more: Year End Market Watch 2017