Figures

Memphis Office Figures Report Q4 2025

February 6, 2026 3 Minute Read

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‒  The direct vacancy rate remained steady at 15.0% while total availability rose to 17.5%, up from 16% in the third quarter, signaling more space being brought to market and increasing tenant options.
‒  Class A continued to outperform in 2025, recording 55,990 sq. ft. of positive absorption, while Class B properties posted -61,832 sq. ft. over the same period.