Memphis Office MarketBeat Q1 2026
This Cushman & Wakefield market report analyzes Memphis office space conditions in Q1 2026, documenting a 17.2% vacancy rate, 88,000 square feet of year-to-date net absorption, and an overall average asking rent of $19.76 per square foot across the market. The report indicates that leasing activity concentrates in East Memphis, the 385 Corridor, and Northeast Memphis, with healthcare, professional services, and finance as the most active tenant groups, while landlords emphasize occupancy and tenant retention through concessions and longer lease terms despite pricing conditions that remain aggressive.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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