2023 U.S. Office Research Report | Performance & Prospects

by | 31 March 2023

U.S. Office Office Markets: Performance & Prospects

Key Takeaways

  • Firms continue to recast their property strategies, focusing on future space and location needs.
  • The U.S. office market remains relatively stagnant but structural changes are taking shape.
  • Tenants are seeking new buildings with high-end amenities to attract and retain talent.
  • Roughly 1.4 billion square feet of leases expiring before 2026.
  • Repositioning and adaptive reuse opportunities are emerging.
  • Capital is avoiding the office market today but lower interest rates expected in near future to attract investment.

Download the report.