In this report, Colliers' experts examine the national context and outlook, the current economic and real estate trends in U.S. office markets, and their outlook through year-end 2023.
Read moreThe softening in key U.S. office market fundamentals, seen in the prior two quarters, continued in the second quarter of 2023. As a result, net absorption remained negative, while vacancy and sublease space hit new record highs.
Read moreThe softening in key U.S. office market fundamentals, seen in the prior two quarters, continued in the second quarter of 2023. As a result, net absorption remained negative, while vacancy and sublease space hit new record highs.
Read moreThe national office vacancy rate stands at 16.4% - up by 30 basis points from the first quarter, which is a record high for the sector.
Read articleThe softening in U.S. office market fundamentals, seen in Q4 2022, accelerated in the first quarter of 2023. As a result, net absorption remained negative and occupancy losses increased, while vacancy rose at a faster pace.
Read articleCompanies that are successful in creating future work strategies understand where there is misalignment between their employees and leadership and take a more intentional approach to address these areas.
Read articleAs the economy is predicted to enter a mild recession near the third quarter this year, 2023 will be a year of discovery for the U.S. office market, navigating uncharted waters after three years of pandemic-induced market
adjustments.
U.S. office vacancy increased at a faster rate in the second half of 2022. Net absorption turned negative in Q4 2022, offsetting the occupancy gains earlier in 2022.
Read articleRobust demand for goods boosted the industrial and retail sectors but further stressed an already fragile supply chain, causing inflation to surge to 9.1% in June, a four-decade high.
Read articleColliers' U.S. Office Research Report investigates important trends in fundamentals and capital markets today and into the future: changing work habits, demographics, and occupier demand, with both structural and cyclical factors at play.
Read moreKey Takeaways: The U.S. office vacancy rate increased marginally in Q2 2022. Net absorption was positive for the third time in the past four quarters. Asking rents are mostly holding…
Read moreU.S. Office Market Pauses in Q1 2022 Following two consecutive quarters of occupancy gains, the U.S. office market paused in Q1 2022, but the overarching trend remains one of stabilization….
Read moreAn increasing share of markets posted positive absorption in Q4. Boston, Dallas-Fort Worth, and Greater Los Angeles all reported more than one million square feet of positive absorption at year-end….
Read moreU.S. office absorption turned positive for the first time since Q1 2020.
Read moreThe U.S. office vacancy rate now stands at 14.9%, an increase of just 10 basis points in the third quarter.
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