2021 Huntsville Market Report

//2021 Huntsville Market Report

2021 Huntsville Market Report

2021 Huntsville Market Survey

The Huntsville commercial real estate market was resilient throughout the COVID-19 outbreak of 2020. While all sectors were immediately impacted by the rolling and confusing shutdowns, the market has stabilized and recovered quite well in a short period of time.

The number of employees working from home increased dramatically in 2020 and this change might have lasting effects as companies re-think their office operations. The Huntsville office market still managed to net positive absorption of 972,501 sf and a vacancy rate of 9.26%, the lowest in several years. Most of the positive activity has taken place at the Redstone Gateway project.

2018 Huntsville Graham Report
By |2022-01-31T16:32:31-05:00August 4th, 2021|Categories: News|Comments Off on 2021 Huntsville Market Report

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