Find new tenants and maximize your Des Moines-area real estate investments.
While office vacancy rates remained under 12 percent in Q1 2016, overall net absorption in Des Moines took its first dip in two years. However, both the North and East submarkets continued to show strong leasing velocity, bucking first quarter trends.
We see local companies staying competitive going forward through new and unique space offerings, with financial, healthcare and tech leading the way.
In a recent engagement at Ashworth Place in the Western Suburbs, we helped a client receive one of the highest asking rents for new Class A space in the market. This 30,000-square-foot contiguous block of space was completely occupied just weeks after delivery, the first true spec effort introduced to Des Moines in over eight years.
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