Marketbeat – Office Q1. 2025 Office Posted: April 2025 The first quarter of 2025 saw -72,666 sf of net absorption, with the vacancy rate rising to 18.7%. Q4. 2024 Office Posted: January 2025 The fourth quarter of 2024 saw 33,558 sf of net absorption, bringing the YTD net absorption to 199K sf. Q3. 2024 Office Posted: October 2024 The third quarter of 2024 saw -23,273 sf of net absorption, with the overall vacancy rate increasing 20 basis points to 18.6%.