cities note record-high commercial vacancies, along with a decrease in the asking price for commercial rental space. Executive Managing Director Maria Sicola asserted that elevated unemployment numbers translate [...] Phoenix has a 17.4 percent vacancy, Chicago’s is at 15.4 percent, Washington, D.C. Suburban markets increased 1.95 percent to 16.28 percent. Average asking rent in U.S. Colliers International, a global commercial realestate service provider, noted that rental office space is becoming abundantly available. Vacancies present additional risks not applicable to occupied realestate.
Baltimore Maryland Real Estate
Information is deemed relaible but not guaranteed.