Our latest report examines local market conditions for 25 top U.S. office markets and identifies some of the challenges and opportunities ahead.

While the full impact of the COVID-19 pandemic is still unfolding, two particular trends are at the forefront: sublease space is ramping up and rents are set to face downward pressure. Net absorption has turned negative for the first time in 10 years and vacancy, while still low, is rising.

In our recently released special report: Office space in the post COVID era, we looked at the future of the office sector from a macro perspective. Now, moving to a micro view, this report ranks 25 top markets and analyzes the issues and opportunities they are facing.