Columbia Office Market Report
By CREhunt Research · Data through Q4 2025 · Aggregated from Cushman & Wakefield, Lee & Associates
Quarterly office market indicators for Columbia, aggregated by CREhunt from Cushman & Wakefield, Lee & Associates. As of Q4 2025, average asking rent was $19.15/SF/yr and vacancy was 7.9%, per Cushman & Wakefield.
Projected current office pricing — Columbia
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Columbia office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2025 Cushman & Wakefield asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~92% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2025 Cushman & Wakefield | $19.15/SF/yr | 7.9% | 96K SF | — | Cushman & Wakefield |
| Q2 2024 Lee & Associates | $23.99/SF/yr | 13.2% | 169K SF | — | Lee & Associates |
| Q4 2019 Cushman & Wakefield | $39.32/SF/yr | 14.2% | 376K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Columbia?
- As of Q4 2025, the average asking rent for office space in Columbia was $19.15/SF/yr, per Cushman & Wakefield.
- What is the office vacancy rate in Columbia?
- The office vacancy rate in Columbia was 7.9% as of Q4 2025 (Cushman & Wakefield).
- Where does CREhunt's Columbia market data come from?
- This report aggregates quarterly office market data for Columbia from Cushman & Wakefield, Lee & Associates.