White-label workspaces designed to empower your productivity and impress your clients. Office space, executive suites & more located in affluent Westwood. Learn More Today!
- Office Space for Rent
Find Your Perfect Office Space
in Midtown Manhattan.
- Day Offices
View Our Wide Range Of Day
Offices-For Rent in Premier...
- Virtual Office
Mail collection & distribution
Voicemail & voicemail to email
- Day Office
Flexible Hourly Offices & Amenities
Day Offices starting at $35/hr
- Meeting Rooms
Over 200 meeting rooms nationwide
Variety of options for 2-15+ people
- Private Office
High-End Private Office Spaces
Prestigious Locations in the US
- Office Space for Rent
Search results
24.8%
- Post-pandemic, the U.S. office market recovery remains sluggish amidst higher economic uncertainty and slowing office-using employment growth. Office availability now stands at 24.8%, up another 20 basis points from last quarter with available sublease space of 173.7 million square feet (msf), the first quarterly decrease in two years.
www.savills.us/research_articles/256536/357047-0
People also ask
Is the US office market at a critical juncture?
What is the availability rate for office space in 2024?
How many square feet is available office space?
How has office space changed since Q1 2020?
How much office space is not leased?
Why are America's offices so empty?
Jun 27, 2024 · Among many leading office real estate markets, office space absorption remained negative during the fourth quarter of 2023, meaning more office space was vacated than leased. Such was the case...
- Office Real Estate in Canada
Recent Statistics Popular Statistics. Most used social...
- Office Real Estate in Canada
U.S. office market report. At the midway point of 2024, the overall availability rate for U.S. office space sits at 23.7%—comprised of a 20% direct availability rate and 3.7% sublet availability rate. The total figure remains nearly unchanged from Q1 2024 but marks a year-over-year increase of 40 basis points (bps).
Apr 5, 2022 · Following close to two years of pandemic-driven correction, signs of stabilization are emerging. In this report, we examine the national context and outlook before assessing current economic and real estate trends in 50 leading U.S. office markets along with their outlook for 2022.
Oct 8, 2024 · Key Takeaways. Demand recovery continues. Leasing activity maintained strong momentum from Q2, growing 0.4% quarter-over-quarter (QoQ) to 50.4 million s.f. Leasing over the past six months reflects 86% of pre-pandemic activity levels. Availability begins to decline.
Feb 14, 2024 · Figure 2: Current U.S. Office Performance. Source: JLL as of Q4 2023. There are approximately 500 Trophy office buildings in America with a total of 238 million square feet, representing about 9% of the market. 2 This category generally consists of buildings constructed in the mid-2010s or later.
As companies find an optimal balance over the next few years, office utilization and the space needed per worker will reach a new equilibrium that could ultimately reduce demand for office space per employee by up to 15% from the pre-pandemic norm.
Jan 8, 2024 · A staggering 19.6% of office space in major U.S. cities wasn’t leased as of the fourth quarter, according to Moody’s Analytics, up from 18.8% a year earlier.
