In the first quarter of 2025, offices yielded the highest rent in the U.S. commercial real estate market. The average effective rent for office space amounted to 28.38 U.S. dollars per square foot, which was approximately 7.6 U.S. dollars below the asking rent.
Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025
(in U.S. dollars per square foot)
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Moody's. (April 1, 2025). Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved May 06, 2025, from https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. "Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot)." Chart. April 1, 2025. Statista. Accessed May 06, 2025. https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. (2025). Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: May 06, 2025. https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. "Average Monthly Asking and Effective Rent of Commercial Real Estate (Office, Retail, and Industrial) in The United States in 1st Quarter 2025 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 1 Apr 2025, https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's, Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/ (last visited May 06, 2025)
Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) [Graph], Moody's, April 1, 2025. [Online]. Available: https://www.statista.com/statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
