The Des Moines office market achieved positive absorption last year for the first time since 2017, according to the latest research from JLL. This is an improvement from the average annual absorption of negative 251,000 square feet that this market had recorded from 2018 through 2024.
At the same time, the overall office inventory in the Des Moines market shrunk by about 210,000 square feet, JLL reported in its fourth quarter 2025 Des Moines office market report.
In 2025, the Des Moines market demonstrated robust leasing activity for office spaces exceeding 10,000 square feet, with new leases, expansions and relocations totaling 860,000 square feet, JLL reported…