Charlotte Office Market Report
| Average Asking Rent (Price/SF | $31.37 |
| Vacancy Rate (%) | 17.1% |
| Net Absorption (SF) | 476,921 |
The Charlotte office market experienced mixed fundamentals in the second quarter of 2021, but with a cautiously optimistic outlook for the year ahead. The vacancy rate rose 150 basis points over last quarter due to the delivery of 1.5 million square feet of new space. Almost half of the space was available for lease at the time of delivery.
Download Charlotte Office Market Report 2Q21