Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025
(in U.S. dollars per square foot)
Characteristic
Asking rent
Effective rent
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In the first quarter of 2025, offices yielded the highest rent in the U.S. commercial real estate market. The average effective rent for office space amounted to U.S. dollars per square foot, which was approximately *** U.S. dollars below the asking rent.Â
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Moody's. (April 1, 2025). Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. "Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot)." Chart. April 1, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. (2025). Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's. "Average Monthly Asking and Effective Rent of Commercial Real Estate (Office, Retail, and Industrial) in The United States in 1st Quarter 2025 (in U.S. Dollars per Square Foot)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Apr 2025, /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/
Moody's, Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) ÌÇÐÄÆÆ½â°æ, /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/ (last visited August 01, 2026)
Average monthly asking and effective rent of commercial real estate (office, retail, and industrial) in the United States in 1st quarter 2025 (in U.S. dollars per square foot) [Graph], Moody's, April 1, 2025. [Online]. Available: /statistics/1610613/commercial-real-estate-rent-usa-by-property-type/