{"id":1363,"date":"2015-08-20T11:01:30","date_gmt":"2015-08-20T18:01:30","guid":{"rendered":"https:\/\/www.officefinder.com\/officeblog\/?p=1363"},"modified":"2026-02-08T08:27:13","modified_gmt":"2026-02-08T16:27:13","slug":"top-10-metro-areas-with-biggest-office-rental-rate-increases","status":"publish","type":"post","link":"https:\/\/www.officefinder.com\/officeblog\/top-10-metro-areas-with-biggest-office-rental-rate-increases\/","title":{"rendered":"Top 10 Metro Areas with Biggest Office Rental Rate Increases"},"content":{"rendered":"<div class=\"article-methode\">\n<div id=\"attachment_1368\" style=\"width: 218px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1368\" class=\"wp-image-1368\" title=\"http:\/\/t.co\/jwygfNAgI3\" src=\"https:\/\/www.officefinder.com\/officeblog\/wp-content\/uploads\/2015\/08\/realtor-office-vacancy.jpg\" alt=\"REALTORS\u00ae office vacancy graph\" width=\"208\" height=\"162\" srcset=\"https:\/\/www.officefinder.com\/officeblog\/wp-content\/uploads\/2015\/08\/realtor-office-vacancy.jpg 286w, https:\/\/www.officefinder.com\/officeblog\/wp-content\/uploads\/2015\/08\/realtor-office-vacancy-160x125.jpg 160w\" sizes=\"auto, (max-width: 208px) 100vw, 208px\" \/><p id=\"caption-attachment-1368\" class=\"wp-caption-text\">REALTORS\u00ae office vacancy chart<\/p><\/div>\n<p>In the second quarter of 2015, the Seattle metro area \u2014 which includes the urban areas in King and Snohomish counties \u2014 led the nation\u2019s metro markets in in office rental rate annual increases. While Seattle&#8217;s office rental rate increases are high, they are not the only office market in the US seeing significant increases in their office rental rate increase.\u00a0 Here are the remaining top 10 with the highest annual Office Rental Rate increases.<\/p>\n<ol>\n<li>Seattle <strong>7.2%<br \/>\n<\/strong><\/li>\n<li>San Francisco <strong>6.3%<\/strong><\/li>\n<li>San Jose <strong>5.9%<\/strong><\/li>\n<li>Dallas <strong>5%<\/strong><\/li>\n<li>Boston <strong>4.8%<\/strong><\/li>\n<li>New York <strong>4.8%<\/strong><\/li>\n<li>Orange County <strong>4.8%<\/strong><\/li>\n<li>Miami <strong>3.9%<\/strong><\/li>\n<li>Austin <strong>3.8%<\/strong><\/li>\n<li>Philadelphia <strong>3.7%<br \/>\n<\/strong><em>Source: Reis via the Seattle Times<br \/>\n<\/em><\/li>\n<\/ol>\n<p>While these steep increases of the office rental rate for the top 10 markets are very sharp, thanks to declining supply, the rest of the office markets in the US are also seeing steady declines in the vacancy rates, as well. A recent report on office space rent by the National Association of REALTORS<sup>\u00ae<\/sup> confirmed that in the 2nd quarter of this year, office vacancies declined 65 basis points to 15.9 percent, compared with a year ago. This will lead to increases in the office rental rate generally throughout the US office markets.<\/p>\n<p>For tenant&#8217;s this means it is better not to wait. Rents will be going up over at least the next year or two until more new construction comes on line. Even then, due to the cost of construction, rents will most likely not decline from the highs achieved. This is especially true in the more desirable office buildings in your market. So, don&#8217;t delay or you will see your office space costing even more than it does now.<\/p>\n<p>If you would like some free assistance in locating office space, the top professionals at Office Finder are here to help. Feel free to <a href=\"https:\/\/www.officefinder.com\/office_space_search\/\">contact us<\/a> to find out more.<\/p>\n<p><a title=\"Office Space Tenant Rep Directory\" href=\"https:\/\/www.officefinder.com\/office-tenant-rep-directory\">OfficeFinder Office Tenant Rep Directory<\/a><\/p>\n<p><a title=\"Find office space\" href=\"https:\/\/www.officefinder.com\/office_space_search\/\" target=\"_blank\">Find Office Space<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the second quarter of 2015, the Seattle metro area \u2014 which includes the urban areas in King and Snohomish counties \u2014 led the nation\u2019s metro markets in in office rental rate annual increases. While Seattle&#8217;s office rental rate increases are high, they are not the only office market in the US seeing significant increases\u2026 <a href=\"https:\/\/www.officefinder.com\/officeblog\/top-10-metro-areas-with-biggest-office-rental-rate-increases\/\">Read More &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[33,183,5,10,32,178,104,43],"tags":[252],"class_list":["post-1363","post","type-post","status-publish","format-standard","hentry","category-austin-office-space-office-space-market-information","category-dallas-office-space","category-office-rental","category-office-space","category-office-space-market-information","category-philadelphia-office-space","category-san-francisco-office-space","category-seattle-office-space","tag-office-rental-rate-increases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\r\n<title>Top 10 Metro Areas with Biggest Office Rental Rate Increases<\/title>\r\n<meta name=\"description\" content=\"In the second quarter of 2015, the Seattle led the nation\u2019s in office rental rate annual increases. Here are the remaining top 10 in Office Rental Rate increases.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.officefinder.com\/officeblog\/top-10-metro-areas-with-biggest-office-rental-rate-increases\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Top 10 Metro Areas with Biggest Office Rental Rate Increases\" \/>\r\n<meta property=\"og:description\" content=\"In the second quarter of 2015, the Seattle led the nation\u2019s in office rental rate annual increases. Here are the remaining top 10 in Office Rental Rate increases.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.officefinder.com\/officeblog\/top-10-metro-areas-with-biggest-office-rental-rate-increases\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Business Intelligence\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/officefinder\" \/>\r\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/officefinder\" \/>\r\n<meta property=\"article:published_time\" content=\"2015-08-20T18:01:30+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2026-02-08T16:27:13+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.officefinder.com\/officeblog\/wp-content\/uploads\/2015\/08\/realtor-office-vacancy.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"286\" \/>\r\n\t<meta property=\"og:image:height\" content=\"223\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"Jim Osgood\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@officefinder\" \/>\r\n<meta name=\"twitter:site\" content=\"@OfficeFinder\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jim Osgood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/\"},\"author\":{\"name\":\"Jim Osgood\",\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/#\\\/schema\\\/person\\\/0fbeadefeb163aceb433048e790d951b\"},\"headline\":\"Top 10 Metro Areas with Biggest Office Rental Rate Increases\",\"datePublished\":\"2015-08-20T18:01:30+00:00\",\"dateModified\":\"2026-02-08T16:27:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/\"},\"wordCount\":321,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/wp-content\\\/uploads\\\/2015\\\/08\\\/realtor-office-vacancy.jpg\",\"keywords\":[\"Office Rental Rate increases\"],\"articleSection\":[\"Austin Office Space\",\"Dallas Office Space\",\"Office Rental\",\"Office Space\",\"Office Space Market information\",\"Philadelphia Office Space\",\"San Francisco Office Space\",\"Seattle Office Space\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/\",\"url\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/\",\"name\":\"Top 10 Metro Areas with Biggest Office Rental Rate Increases\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/top-10-metro-areas-with-biggest-office-rental-rate-increases\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.officefinder.com\\\/officeblog\\\/wp-content\\\/uploads\\\/2015\\\/08\\\/realtor-office-vacancy.jpg\",\"datePublished\":\"2015-08-20T18:01:30+00:00\",\"dateModified\":\"2026-02-08T16:27:13+00:00\",\"description\":\"In the second quarter of 2015, the Seattle led the nation\u2019s in office rental rate annual increases. 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