The city of Honolulu boasts an offi...
The city of Honolulu boasts an office vacancy rate that principally other cities dream of- and haven't seen in years. Since CB Commercial Real Estate cluster (formerly Coldwell Banker) first began surveying the Honolulu office market in 1987 downtown vacancy rates have consistently remained in the single digits, and well below the present national average of 18.8 percent according to the firm. CB's in the greatest degree recent data, for the period ending March 31 of this year, place Honolulu's downtown office vacancy rate at 37 percent Several factors account for this robust performance, ...
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