Figures

Louisville Office Figures Q4 2025

Record negative net absorption in 2025, but trend reverses in Q4

January 9, 2026 5 Minute Read

Louisville Downtown-27

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Marketwide vacancy decreased 10 basis points to 23.3%
‒CBD Class A vacancy decreased 50 basis points to 33.0%
‒Suburban Class A vacancy increased 60 basis points to 20.0%
‒CBD Class A average asking lease rate declined $0.06 per sq. ft. to $18.88 per sq. ft.
‒Suburban Class A average asking lease rate increased $0.14 per sq. ft. to $22.20 per sq. ft.