At the end of May, the national listing rate for office space rested at $37.72 per square foot, six cents above the previous month but still down year-over-year. San Diego saw the largest drop in…
Category: Office Reports
At the end of May, vacancy rates continued climbing in Western tech markets, while there are indications that the glut of life sciences space may lead to oversupply in select areas.
In April 2024, several U.S. office markets saw their debt service coverage ratios below 1 or between 1 and the 1.25 minimum required by most lenders, indicating potential future distress in the industry. At the…
In March 2024, several markets recorded vacancies above 20% as the national office vacancy rate ticked up to 18.2%. New construction starts are also significantly lower than previous years, indicating further struggle in the office…
With office property sales totaling $3.6 billion year-to-date, the market continues navigating ongoing challenges. Washington, D.C. recorded the largest sales volume nationwide, mostly driven by a single high-profile headquarters relocation.
With 92.7 million square feet of office space currently under construction, new starts have seen a steep decline since before the pandemic. Still, the industry has silver linings, the foremost of which is a booming…
A recent office report highlights how office properties continue seeing dropping valuations, which is also manifesting in a drop in office occupancy and listing rates.
New Jersey, Houston and Miami are neck-and-neck in medical office construction, but this year's largest completion is set to be an outpatient facility in Madison, Wis.
Midtown Manhattan's Plaza District stole the show in Q4 2023 as the most expensive office submarket for the second year in a row, while the larger top 10 was dominated by California and the Bay…
We compared more than 70 U.S. locations across several relevant indicators to rank the best cities for remote work and hybrid jobs.
