The following are highlights from CBRE|Hubbell Commercial’s 2021 second-quarter multifamily market report for the Des Moines area:

• The vacancy rate of the 35,775 apartment units surveyed was 5.3% in the second quarter, which ended June 30. The rate slipped more than a percentage point from the first quarter’s 6.3% vacancy rate. The central business district had the area’s highest vacancy rate at 8%.

Read the full article HERE.

See the full CBRE | Hubbell Commercial report HERE.