Colliers Hawaii Research, Office
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First Quarter 2017 Office Market Summary

Oahu Office Market Starts Year with Positive Gains

The Oahu office market posted 33,517 square feet of positive net absorption for the first quarter of 2017. This resulted in a decline in the island-wide office vacancy rate from 12.66% at year-end 2016 to 12.43% in the first quarter. Office occupancy has flip-flopped over the past five quarters, but the overall pattern remained consistent with vacancy rates ranging between 12.0% and 14.0%.

Read the full Oahu Office Market Report Summary


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