Research

"Vacancy increased 50 basis points (bps) over the past year to 28.7%, driven by 3.2 million square feet (msf) of new inventory outpacing sluggish demand."

"2024 leasing activity outpaces prior year, as demand holds firm"

"Leasing activity slows amid uncertainty, fundamental trends stay consistent"

"Office leasing activity gains momentum through year-end, signaling continued market growth"

"Suburban Chicago market exhibits moderately improved fundamentals at close of year"

"Leasing Activity Remains Below Pre-Pandemic Levels Despite Strong Second Half of 2024"

"Despite waning office demand close of year, optimism grows for 2025 resurgence"

"Leasing softened in Q4, but overall activity in 2024 was healthy"

"Leasing activity ends 2024 above 5-year average, availability rates decrease"

"Leasing activity slows in San Diego as office-using employment levels stay unchanged"