Posts Tagged ‘office vacancy rate’
Office vacancies increasing in Greater Des Moines area
The percent of vacant office space in the Greater Des Moines area increased in the first quarter, prompting an increase in concessions to office tenants, market reports from CBRE Inc., JLL and Cushman & Wakefield …
Read MoreConversions shrinking amount of downtown office space
The conversion of office buildings into residential uses is taking competitive office space off of the market and shrinking the amount of space available to lease or buy, especially in Des Moines’ central business district, …
Read MoreReport: Wells Fargo vacates West Des Moines office building
Wells Fargo vacated the four-story Arcadia office building in West Des Moines during the third quarter of 2023, adding over 272,000 square feet of vacant office space to the Greater Des Moines market, according to …
Read MoreCBRE, JLL release first quarter office market reports
The percentage of vacant office space in the Greater Des Moines area inched upward in the first quarter of 2023, market reports from CBRE Inc. and JLL show.
The Des Moines area has over 18.1 …
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