Office Indicators

During the fourth quarter of last year, office net absorption exited the red for the first time in 15 months, pulling nationwide vacancy down 10 basis points. Over 21 million square feet on net was newly occupied between October and December, comparable to an average quarter in 2019. Nearly three-fourths of all major U.S. markets recorded positive net absorption.

Key Features Include:

• Analyzes positive net absorption data from the fourth quarter of 2023
• Presents changes in company work-from-home policies 
• Breaks down asset qualities that draw tenant demand 
• Evaluates and provides insights on the investment landscape