8%

Vacancy rate for retail real estate in the greater Eau Claire area* as of the end of 2023, down from 9.75% at the end of 2022.

8%

Vacancy rate for office real estate in the area as of the end of 2023, up from 5.3% in 2022.

+102K

Increase in the amount of vacant square footage of office space in the Eau Claire area between the end of 2022 and the end of 2023.

2%

Vacancy rate for industrial real estate in the area as of the end of 2023, up from roughly 1% in 2022.

1.2%

Vacancy rate in multifamily housing in the Eau Claire area. This is the first year the survey tracked this statistic.

Source: 2023 Commercial Real Estate Market Report by Commonweal Development.

*The cities of Eau Claire and Altoona, the Town of Washington, and the Village of Lake Hallie.