2022 Graham Office Market Survey In 2021 Birmingham’s office market outperformed the 6 previous years and shifted the trend to positive by posting 150,781 SF of overall absorption. Overall occupancy increased by 0.42% to 85.40%.
Despite the turmoil and uncertainty brought on by the COVID-19 pandemic during 2020, Birmingham’s industrial real estate market has endured. Single-tenant & multi-tenant properties are both more than 95% occupied and there is during a historically low amount of space available in the market.
