New data reveals that vacant office spaces in Louisville have led to $63,902,846 in lost rent annually. That’s according to a new study from Switch On Business that analyzed office vacancy rates across America to reveal the true cost of vacant office buildings in major U.S. cities: https://switchonbusiness.com/vacant-office-value/
The study found that 3,381,103 sq. ft. (16.5%) of office space in Louisville is vacant – equating to $63,902,846 in lost revenue:
