Stephen Newbold

Director, National Office Research

Stephen has over 35 years of experience in Commercial Real Estate (CRE) Research in the U.S. and U.K. He brings expert knowledge of diverse CRE markets and a broad range of skills in forecasting, analysis, and strategy. At Colliers, Stephen is responsible for U.S. National Office research, collaborating with various business lines and providing valuable insights through reports, interviews, and presentations.

Latest articles

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Sublease Space Levels Off, but Market Impact Varies

Stephen Newbold

Article

Colliers Quick Hits | Office Q4 Update

Stephen Newbold

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The U.S. Office Market Continues to Stabilize

Stephen Newbold

Office Q3 Update

U.S. office absorption turned positive for the first time since Q1 2020.

Stephen Newbold

U.S. Office Market Showing Signs of Stabilization

The U.S. office vacancy rate now stands at 14.9%, an increase of just 10 basis points in the third quarter.

Stephen Newbold

Good News for the U.S. Office Market: Net Absorption Turns Positive in Q3 2021

The latest numbers on net absorption provide encouraging news for the U.S office sector.

Stephen Newbold

Top Office Markets Snapshot | Q2 2021

The downturn in office market fundamentals continued in Q2 2021, but the pace of decline slowed.

Stephen Newbold

Office Market Outlook | Q2 2021

Office fundamentals remain challenged, but the outlook is improving.

Stephen Newbold

Sublease Impact Varies Across the Leading U.S. Office Markets

A record 208.6 million square feet of sublease space is available across the U.S. office market, significantly higher than the prior peak of 143.3 million square feet seen in Q2 2009 at the height of the global financial crisis.

Stephen Newbold

U.S. Office Fundamentals Still Softening but at a Slower Pace

U.S. office absorption remained firmly in the red in Q2 2021, at negative 18.6 million square feet, but markedly lower than the negative 46.1 million square feet seen in Q1 2021, which was the worst quarterly total on record.

Stephen Newbold

Weighing the Impact of New Supply on the U.S. Office Market

Over the past four quarters, net absorption totaled an unprecedented negative 139.6 MSF and sublease space rose by over 60% to a record 202.2 MSF, pushing the national office vacancy rate up by 250 bps to 14.2%.

Stephen Newbold

Top Office Markets Snapshot | Q1 2021

Despite continued challenges, optimism is rising in the leading office markets.

Stephen Newbold

Top Office Markets Snapshot – Q4 2020

Negative Absorption and Rising Vacancy Further Impact the Leading U.S. Office Markets

Stephen Newbold

Market Insights | U.S. Office Q4 2020

Explore the latest key statistics and Colliers’ outlook for the U.S. office market.

Stephen Newbold

U.S. Medical Office Fundamentals Remain Sound

The U.S. Medical Office (MOB) sector posted a solid performance in 2020.

Stephen Newbold