Caption: A new report from commercial real estate firm Newmark shows the Wilmington area’s office vacancy rate fell to 15.9% during the third quarter of 2026, its lowest level in two decades. Image created on 10/23 using AI.
Newmark report shows stronger leasing, business expansion, and renewed investor confidence, signaling a potential turning point after years of uncertainty.
WILMINGTON — After six difficult years for Delaware’s office market, commercial real estate professionals are seeing something they have been waiting for: measurable signs of recovery.
A new report from commercial real estate firm Newmark shows the Wilmington area’s office vacancy rate fell to 15.9% during the third quarter of 2026, its lowest level in two decades.
The improvement reflects businesses occupying more office space, stronger leasing activity and growing demand from expanding companies. Investors are also beginning to return to a market that has struggled since the COVID-19 pandemic…