The Roanoke Valley office market saw a 1% increase in office occupancy in 2020, ending the year with an 88% occupancy rate, according to Poe & Cronk Real Estate Group’s 34th Annual Office Market Survey.
These figures are a promising sign “in one of the most challenging years in recent memory,” Poe & Cronk states, adding that “while office users may not be currently using all of their office space, most are not ready to permanently commit to never needing it again.”
