Central Perimeter 2Q 2018 Market Report

Class A rents (on a gross basis) in Central Perimeter grew from $30.44/SF in 1Q to $30.51/SF in 2Q, an increase of 23 bps, or sub 1% growth on an annualized basis. For class B properties, rents increased from $22.47/SF to $22.53/SF, a similarly modest increase. While rent growth seems to have slowed in 2Q, it is worth noting that the CAGR for Central Perimeter from 2014 through 2018 is 5.5%, an unsustainable permanent rate of growth.

Published: Sep 18 | 2018 Download