CBRE Hawaii’s 2016 market overview and 2017 forecast
The improved labor market and recent job growth in Hawaii have had a positive impact on the office market. The recent surge in tenant demand resulted in an increase in lease transactions, higher levels of absorption activity and lower vacancy rates across the state.
With relatively solid market fundamentals and limited office developments in the pipeline, the Hawaii market is well-positioned to sustain moderate growth in 2017,…
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