data
bites

The sublease space shrink: major U.S. office markets contribute to the national trend Office sublease space has been steadily declining over the past year, with major markets across the U.S....

Price gaps in the skyline: the premium on quality office trades in the U.S. The price gap between top-tier and overall office trades continues growing amid rising prices and potential Fed rate...

Across Greater Philadelphia, the total available SF for office space remains highest among urban submarkets Across Greater Philadelphia, the total available SF for office space remains highest...

Houston sees strong demand in newly delivered office buildings Since 2020, Houston's office market has added 5.5 msf of new space, with the bulk, 2.7 msf, delivered in 2021. This new inventory...

Long Island office busyness sees a post-Labor Day push Long Island Office Busyness Index https://www.avisonyoung.us/w/friendly-journal-URL   According to Avison Young’s Office Busyness Index,...

Back to business: U.S. office busyness continues to grow Offices across the country have experienced significant growth in busyness levels over the past four years, with some markets outpacing the...

DFW’s office market – where’s the best deal for nice space? In the last few years, office rents for top-quality space in DFW have been increasing rapidly. One driver of these rising rents is the...

Suburban locations in Austin see higher rates of visitation Suburban office locations have continued to gain popularity, with visitation reaching 64.5% of prepandemic levels by 2024, outperforming...

Higher quality office buildings command larger leases in Tampa The average lease size in Trophy/Class A buildings has increased significantly over Class B product in the Tampa office market...

Breaking down MSP’s desirable office space In this data bite, we took a closer look at MSP’s available office space. We categorized available space as desirable & undesirable, with undesirable...

Spec Suites continue to see strong demand in Fort Lauderdale Spec Suites continue to see strong demand in Fort Lauderdale https://www.avisonyoung.us/w/friendly-journal-URL The Fort Lauderdale...

Companies in Miami continue to call employees back to the office Companies in Miami continue to call employees back to the office https://www.avisonyoung.us/w/friendly-journal-URL Miami's...

New Jersey office busyness increases year-over-year New Jersey office busyness increases year-over-year https://www.avisonyoung.us/w/friendly-journal-URL   Overall office use has increased in New...

Fairfield County office busyness sees a post-Labor Day push Fairfield County office busyness sees a post-Labor Day push https://www.avisonyoung.us/w/friendly-journal-URL   According to Avison...

San Francisco transaction activity by size tranche Post-COVID leasing has trended largely towards smaller spaces compared to the pre-COVID era. Currently, 66.5% of the active tenants in the market...

DFW’s long established and consistent population growth defines the region and drives all property types The DFW region is well known for many things – one of them is “growth”. DFW’s population...

MSP Office market performance shows flawed space utilization In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze MSP’s office visitation recovery since Q3...

Cambridge, Inner Suburbs exhibit weakest visitation recovery, 495 Belt leads with strongest https://www.avisonyoung.us/w/friendly-journal-URL From Aug-2019 to Aug-2024, Cambridge and the inner...

Analyzing office visitation vs. leased office space across Atlanta https://www.avisonyoung.us/w/friendly-journal-URL – Occupancy in real estate traditionally refers to the amount of leased space...

Newly renovated office buildings in Fairfield County seeing lower availability rates Newly renovated office buildings in Fairfield County seeing lower availability rates...

Long Island offices in urban-suburban locations see higher rates in office visitation since August 2019 https://www.avisonyoung.us/w/friendly-journal-URL   Throughout the Long Island office market,...

Manhattan office busyness continues to outrun the overall U.S. Manhattan office busyness continues to outrun the overall U.S. https://www.avisonyoung.us/w/friendly-journal-URL   As of July 2024,...

Nashville office visitation continues to see steady improvement Nashville’s office visitation reached 70% in Q2 2024, with a 100-basis point gap between leased space and actual occupancy, showing...

The competitive edge of newer construction: how post-2010 trophy offices are shaping U.S. gateway markets Discover the vital role of high-end, post-2010 office buildings in maintaining reasonable...

Across Greater Philadelphia, offices in urban locations have seen the highest rate of visitation following the pandemic https://www.avisonyoung.us/w/friendly-journal-URL   Throughout the Greater...

Industries using the most office space in Houston The busiest industries using office space in the Houston market were media, public relations, telecom, and entertainment....

Analyzing office visitations vs. leased office space across MSP In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze MSP’s office visitation recovery since...

Renewal vs. relocation: trends in lease lengths in major U.S. office-using industries Discover the varying lease lengths across industries and learn how to navigate the evolving office landscape....

Analyzing shifts in office worker dynamics over the past 20+ years in the U.S. Explore the changing office worker quits-to-layoffs ratio and how employee dynamics have fluctuated from 2000 to 2024....

The tale of two markets: pre- and post-2010 construction in Manhattan https://www.avisonyoung.us/w/friendly-journal-URL   Manhattan buildings constructed before 2010 have experienced an increase in...

Trophy assets lead office busyness revival across the U.S. Premium office spaces prove to be the busiest in the U.S. amid evolving employee preferences and the flight-to-quality movement sweeping...

Austin’s tech industry returns to office The tech sector has emerged as a leading industry in office visitation recovery for class B space, showing a 36% year-over-year increase. The tech sector...

Office visitation rates increasing to align with occupancy rates in Fairfield County Office visitation rates increasing to align with occupancy rates in Fairfield County...

Long Island office visitation continues to rise despite dip in leasing activity https://www.avisonyoung.us/w/friendly-journal-URL   Long Island offices are 77.6% as busy today as they were in Q3...

New Jersey’s office busyness recovery led by transit hubs https://www.avisonyoung.us/w/friendly-journal-URL   New Jersey’s transit hubs are leading the way in the recovery of in-office attendance....

Houston offices busier on Mondays as hybrid workers return Houston’s office visitation recovery continues to outpace the national average, reaching 63.7% of the pre-pandemic levels from 2019...

DFW’s Office Busyness Index – ongoing improvement across the board, but some suburban markets continue to lag As of June 2024, the US office sector had rebounded to 61.9% of where it stood in June...

Office amenities matter: Charleston's Downtown submarket reflects regional tenant preferences Avison Young’s 2024 South Region broker sentiment survey shows that office tenants value nearby...

Nashville investment activity begins to rebound in the first half of 2024 Investment sales volume in Nashville saw a strong rebound in early 2024 with significant increases in most property sectors...

MSP office users favor going into the office early in the week In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level...

Analyzing office visitations vs. leased office space across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Following the COVID-19 pandemic, across Greater Philadelphia a...

MSP Office visitation experiencing segmented recovery In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level in...

Houston offices are buzzing despite recent severe weather events Houston's office busyness index averaged 63.7% in June 2024 compared to a pre-pandemic 2019 baseline, indicating a gradual return to...

Signs of stabilization in Tampa office utilization Tampa's demonstrating indicators of steadying the market's in-office attendance as it hits 56% of pre-COVID levels....

Defining the new normal for Orlando office use Orlando's office sector showcases resilience and adaptability with a notable 4.2% increase in office recovery year-over-year, signaling a new era of...

Mondays take center stage in U.S. office busyness surge Office work patterns continue to change with a significant surge in Monday activity across various U.S. markets and industries. Explore how...

Miami’s office recovery rates continue to climb through 2024 Miami's return-to-office efforts have continued to increase in 2024, over a 9% increase in office visits since 2023....

Is this the new normal for office utilization in Fort Lauderdale? Fort Lauderdale's office utilization is settling into a new normal, marked by steady but modest growth, with Mondays becoming the...

Nashville offices are busier earlier in the week Explore how employees' preferences for in-office days impact overall busyness levels compared to 2023 and pre-pandemic 2019...

Manhattan law firms and media/entertainment companies are outpacing last year’s busyness https://www.avisonyoung.us/w/friendly-journal-URL   According to the Avison Young Busyness Index, law firms...

Long Island offices are busier earlier in the week https://www.avisonyoung.us/w/friendly-journal-URL   As of June 2024, office buildings in Long Island are 17.1% busier on Mondays compared to the...

Greater Boston office market sees strongest Y-o-Y visitation recovery on Mondays, Tuesdays https://www.avisonyoung.us/w/friendly-journal-URL In July 2024, Boston office properties saw increased...

Office buildings within Chicago’s CBD are recovering faster than Chicago’s suburban offices Chicago’s office building utilization during the month of June 2024 reveals that office visitation is...

Time for a mid-year audit – DFW’s office availability weighed down by both old and new product “Obsolete” office space driving up vacancy and space availability is a popular media topic. In DFW,...

Balancing future supply and demand in Miami's office market To better meet current demand, proactive landlords in Miami are subdividing large blocks of office space into smaller speculative spaces...

High-end office properties attract larger tenants in Orlando The disparity between high-end and mid-tier commercial spaces is growing larger in Orlando as tenants continue to prefer larger high-end...

Fort Lauderdale office valuations adjust to market conditions Fort Lauderdale office valuations continue to evolve as there has been a 24% year-over-year increase in the number of office...

DFW’s deep tech roots make it a haven for gaming development and technology innovation Because of their cutting-edge tech focus, northern California and Seattle have always been acknowledged as the...

Examining Changes in MSP’s Office-Using Commuter Preferences Utilizing Placer.ai data, Avison Young analyzed select areas of the MSP Office Market (Minneapolis CBD, St. Paul CBD, & West End) to...

U.S. office leasing trends by industry: a comparative analysis of rental rates and lease terms Explore how office leasing rental rates and average terms vary by sector and what it means for the...

Large block leases are taking a larger share of the Manhattan office market https://www.avisonyoung.us/w/friendly-journal-URL Through the first half of 2023, leases of 100,000 square feet or...

Newer buildings dominate Tampa’s office demand Tampa's office market has attracted consistent demand for top-tier spaces with positive absorption on newer buildings constructed since 2010....

Orlando’s submarkets adapt to shifting office leasing trends as fundamentals remain strong Orlando's submarkets have adjusted to different commercial real estate trends, focusing on substantial...

Shrinking availability and steady demand in store for West Palm Beach’s office market Uncover the driving forces behind West Palm Beach's thriving office market, such as robust performance, unique...

The need for smaller offices remains strong in Fort Lauderdale Evolving tenant preferences shape Fort Lauderdale's office market, with smaller spaces dominating leasing activity....

FIRE industries are driving demand for office space in Urban Boston, Tech and other industries lag behind https://www.avisonyoung.us/w/friendly-journal-URL Currently, Urban Boston TIM’s (tenants in...

Houston's office market shows clear stratification by building class Houston's office market caters to diverse needs with an average lease size of 4k sf. A closer look reveals a clear...

Out-of-market visitors to Chicago’s landmarks are recovering at various rates compared to pre-pandemic levels Traffic upticks at Chicago landmarks, as tourist numbers near pre-pandemic levels...

Decoding the disparity: Unraveling the divergence between office and industrial capitalization rates Several factors are at play with the reshaping of office and industrial investor cap rates from...

Smaller office spaces continue to dominate in West Palm Beach The soaring demand for smaller office spaces is evident, with these units constituting 74% of new signed leases under 10,000 square...

Smaller spaces, bigger opportunities: Office landlords strategize in Tampa Tampa's office market reveals imbalances in new leases under 10,000 sf and expirations over 50,000 sf in the last two...

Renewed office tenant optimism fuels new leases and expansions in Orlando Discover the evolving landscape of Orlando's office market as economic headwinds shift tenant decisions, causing a...

Trophy offices continue to outshine others in Miami Trophy properties have outperformed class A and class B properties for the past five years. Will the trend continue?...

Are office lease expirations in the Fort Lauderdale area influencing job opportunities? As office lease expirations increase in the Fort Lauderdale office market, job postings have significantly...

Swinging labor market: RTO mandates shake up employee leverage across U.S. Dive into the changing landscape of employee leverage amidst evolving return-to-office mandates. Learn how these shifts...

Newer construction has continued to see positive net absorption over the past 7 years within the MSP office market In 2024 YTD, net absorption has turned positive, primarily driven by office...

Office properties near Chicago’s suburban transit stations have performed better over the course of the pandemic Vacancy rates remain lower in areas within three blocks of commuter hubs...

U.S. AI job surge: revolutionizing industries and redefining workplace needs Discover the transformative impact of AI on office leasing, data storage, and job markets! Explore the rapid growth in...

Rents in Downtown Boston typically bottom out 2-3 years after recessions https://www.avisonyoung.us/w/friendly-journal-URL After recessions, rents in Downtown Boston typically reach a nadir 2-3...

AI job market trends highlight California’s dominance and potential growth for tech-centric states Despite national office market challenges, robust AI job posting figures in 2023 indicated...

Austin CRE market to see $17.8 billion in loan maturities over the next five years In the upcoming five years, Apartment and Hotel property types stand out, collectively constituting the majority...

Has flight to quality run its course in U.S. offices? Trophy and class A spaces have been popular among office occupiers even before the pandemic. As some U.S. markets start showing increased...

Las Vegas' ongoing suburban office development provides a competitive advantage when contrasted with typical metropolitan office markets Las Vegas' ongoing suburban office development provides a...

Venture capital investment remains active in Chicago The biotech and life-science sector has led the way in regards to Chicago-based companies securing venture funding...

Demand for high-quality offices leads to diminishing large block availability in Miami Large block availability is shaping supply trends and influencing tenant demand in Miami's office market. Stay...

Flight to quality continues to drive asking rent growth in Fort Lauderdale’s office market Robust rent growth, tenant demand for high-quality buildings and the rise of trophy properties are all key...

How has Orlando’s class A and class B office availability changed over the years? Discover what key trends have shaped Orlando's office market from 2020 to 2023 and how they have affected class A...

Weakened office demand in Tampa creates imbalance in asking prices vs. sales prices Tampa's office market dynamics are shifting, with average asking prices per square foot surpassing sale prices...

Nashville office: Where is the flight to quality happening the most? Discover how Nashville's leasing landscape is evolving with a focus on upscale amenities and upgraded spaces....

Boston - Over the past 12 months, Seaport and CBD have witnessed the highest share of office leasing activity https://www.avisonyoung.us/w/friendly-journal-URL Over the past 12 months, the CBD and...

Labor demand for AI skills continues to grow across the U.S. Explore the rapid growth of the AI industry and its potential impact on office markets in major cities like San Francisco and New York....

Office odyssey: A charted exploration of value correction in major U.S. cities’ office buildings Navigate the challenges of shifting office values post-COVID-19 with insights on interest rates,...

Quantifying the AI Boom across major markets Artificial Intelligence Venture Capital funding for the U.S., San Francisco Bay Area, Europe, China, New York, and other major metropolitan areas...

Downtown Chicago traffic trends continue to grow from their pre-pandemic averages Overall traffic crossing Chicago's bridges is on the rise, totaling over 114 million impressions in Q4 2023....

Traffic into Downtown Minneapolis and St. Paul continues to rebound Vehicular and pedestrian traffic is on the rise in Downtown Minneapolis and St. Paul...

How are CRE loan maturities changing over the next five years in Fort Lauderdale? Discover Fort Lauderdale's commercial real estate market dynamics as $16.3 billion worth of loans are set to mature...

Stability vs. flexibility: what do Tampa’s office industries value in lease terms? Tampa's office industries vary with diverse lease term preferences, weighing stability against flexibility. Learn...

Potential shift looms in Houston’s tenant-friendly office market Faced with a surplus of available space, landlords are motivated to strike deals, but rising costs of capital and construction are...

Austin office occupancy outperforms national average Austin leads the top 10 metro areas with an average building occupancy rate of 63.3%, consistently exceeding the national average for...

Do certain office-using industries across the U.S. commit to longer lease terms than others? Office lease terms vary by industry in the U.S., with factors like sublease space and flexibility needs...

In 2023, law firms and FIRE industries secured a larger portion of office leasing activity in Boston compared to the previous year. https://www.avisonyoung.us/w/friendly-journal-URL • In the...

North Charleston office submarket shows promising growth for 2024 Charleston's average asking office rents have increased by 16% since 2020, with North Charleston showing the most significant...

Denver office leasing demand by top industries in 2023...

While DFW office availability has continued to mount, some submarkets have performed better than others Like all major office markets, the sector’s shift has caused total DFW office availability...

Tech still tops office leasing demand in Austin The hybrid work model has transformed office leasing, creating diverse needs for space and distinct demands in different tenant industries....

Phoenix medical office occupancy outperforms traditional office market https://www.avisonyoung.us/w/phoenix-medical-office-occupancy-outperforms-traditional-office-market   –The Phoenix office...

Trophy properties in urban Boston showcase the longest average lease term lengths https://www.avisonyoung.us/w/friendly-journal-URL In downtown Boston, trophy properties dominate with the highest...

Have return-to-office initiatives been successful in Miami after the pandemic? Amid navigating government policies and return-to-office initiatives, what does Miami's recovery rate look like post...

Large block availabilities in West Palm Beach are a driving force in office market supply trends Supply trends in the West Palm Beach office market are influenced by the availability of large...

How did office tenant demand in Fort Lauderdale shift from 2022 to 2023? Demand has shifted across industries that leased office space in Fort Lauderdale during the economic slowdown in 2022...

Minneapolis developers increasingly aim to position office assets Indicative of the poor demand for office assets, nearly two-thirds of office space traded during 2023 was bought with the...

For Chicago office space, quality and location are in high demand High demand shrinks trophy availability despite new deliveries in Chicago office market....

How have concession packages in class A/trophy and class B office properties in Tampa changed since 2020? Owners use lease concessions to drive tenant demand to the post-pandemic surge of available...

Urban and suburban office leasing trends contrast in Jacksonville Leasing periods in Jacksonville's urban office properties are significantly higher than suburban properties...

Navigating availability and pricing trends in Orlando’s office market Orlando maintains strong market fundamentals as companies continue redefining office usage post pandemic...

Office relocation lease terms are over 34% longer than renewals in the U.S. Relocation lease terms in U.S. offices are longer than renewals https://www.avisonyoung.us/w/friendly-journal-URL...

Office investment sales market slows down in Houston Houston's office investment sales market took a tumble in 2023. Rising interest rates, tighter lending standards, and the devaluation of office...

Countdown to consequences: near-term Nashville loan maturities give landlords a real minefield to navigate A substantial number of office and industrial loans mature in Nashville in the next 12...

Lowcountry Rapid Transit projected to increase commercial development - approximately 13 msf of new retail, office and hospitality spaces expected Lowcountry Rapid Transit system projected to spur...

Suburban office demand in West Palm Beach increases as urban rents continue to climb Continued economic headwinds and surges in top-quality office asking rates cause differing demand among suburban...

Which industries are driving office leasing activity in Orlando? Orlando's office market has changed over the past few years, with the rise of hybrid work affecting leasing differently depending on...

How does the number of office job postings in Fort Lauderdale compare to salary growth? Fort Lauderdale has experienced a decline in in-office job postings, reflecting a change in the labor market....

Tech industry gaining investor interest in the South Carolina Upstate, surpassing biotech and life sciences Tech companies have seen increased interest from investors in 2023, surpassing biotech...

Which Jacksonville office submarket experienced the most growth from 2019 to 2023? Jacksonville's office market has steadily grown in average asking rents from 2019 to 2023 with certain submarkets...

Downtown Raleigh lags the larger market in office investment sales Investment sales of Downtown Raleigh office buildings compared to the rest of the Raleigh Durham market...

Urban Boston office investment sale volume sees uptick, setting a new baseline on pricing compared to 2022 https://www.avisonyoung.us/w/friendly-journal-URL Since the beginning of 2023, office...

FIRE and tech tenants lead the way for future U.S. office market activity FIRE and tech tenants lead the way for future U.S. office market activity https://www.avisonyoung.us/w/friendly-journal-URL...

Minneapolis-St. Paul's leasing activity for sublease space picking up MSP's available sublet space reached a record-high in 2023 Q2 following the downsizing of some of the area's top employers...

Tenant demand for office space remains active amidst shifting space needs in Nashville While rise in vacancy may give an impression of the market “softening”, tenant demand remains active in both...

U.S. Law firms’ share of leasing reaches highest level since 2010 https://www.avisonyoung.us/w/friendly-journal-URL In major U.S. office markets, law firms tend to increase market activity when...

Who is seeking top-tier office space in Miami post pandemic? There have been significant industry shifts in trophy and class A leasing activity before and after the pandemic...

Sector trends emerge in Tampa among office lease expirations The pandemic caused differing levels of leasing activity depending on industry sector, which has contributed to upcoming lease...

What do large block availabilities look like across Fort Lauderdale’s submarkets? Large block availabilities are increasing in Fort Lauderdale's submarkets as more large leases are set to expire by...

A new era of modern and sustainable office space is dawning in Houston Leasing activity has been concentrated in newer, higher-quality inventory, leaving older vintage assets to hold a significant...

The availability gap is shrinking between CBD and Suburban markets within Chicago for Trophy/Class A office space The availability gap between CBD and Suburban Chicago markets for Trophy and Class...

Raleigh Durham class C property maintains the lowest office availability Raleigh Durham commercial real estate office availability by property class...

San Francisco office vacancy and 30-year mortgage interest rates converge following the Covid-19 pandemic...

Job postings in Greater Boston are down over the last twelve months. Here are the top 10 office-using occupations effected: https://www.avisonyoung.us/w/friendly-journal-URL Compared to September...

DFW International Airport — continual growth and influence The growth of the DFW International Airport and its powerful influence on the area’s economic growth. Corporate headquarters relocation...

How have Miami's office job postings changed since before the pandemic? Miami's office job postings have experienced a range of increases and decreases from before the pandemic to the third quarter...

Despite economic headwinds, office owners’ expectations remain misaligned in Tampa Despite owners driving up asking sale prices, demand for office buildings in Tampa remains low amid economic...

How does office tenant demand differ in Fort Lauderdale’s top five submarkets? Fort Lauderdale's top five industries for office leasing activity vary greatly by submarket...

Flex office providers lead the way in Charleston Since 2020, office users in Charleston have decreased their footprint significantly when compared to leasing activity between 2016 and 2019....

Orlando’s job posting growth experiences significant disparities across different industry sectors Multiple core economy-driving job postings decline in Orlando while postings in critical sectors...

Investment activity shows resiliency through economic headwinds in Fort Lauderdale Fort Lauderdale's industrial investment volume is booming amidst economic downturns...

Office leasing activity decelerates in Jacksonville, exerting a dampening effect on job postings As Jacksonville companies make cost-cutting efforts, office job posting volume and leasing activity...

DFW’s home affordability is acutely challenged despite an uptick in supply Dallas-Fort Worth’s change in home prices 2013–2023 and the potential impact on future economic growth...

U.S. Office employees still have upper-hand on flexible work options (for now) Office employees still have upper-hand on flexible work options. Here's what the worker quits-to-layoffs and...

While smaller leases dominate YTD transactions, overall leasing activity remains slow in Austin As of 2023, 1.1 million sf of office space, ranging from 1k-5k sf, has been in demand as seen in...

Boston’s monthly public transportation ridership has rebounded by 63% compared to pre-pandemic levels https://www.avisonyoung.us/w/friendly-journal-URL After the outbreak of Covid-19, Boston's...

Denver market remains resilient despite construction activity and elevated vacancy https://www.avisonyoung.us/w/denver-market-remains-resilient-despite-construction-activity-and-elevated-vacancy...

The flight to quality continues in DFW but the newest office deliveries are taking more time to lease We took a closer look at Dallas-Fort Worth office building development and leasing activity...

Could Houston have a problem with the looming $1.7B office CMBS loans? Like most of the office markets nationwide, Houston has its share of CMBS loans with landlords facing some financial...

Bay Area office concessions being offered vary across the region https://www.avisonyoung.us/w/bay-area-office-concessions-being-offered-vary-across-the-region In San Francisco, tenants have...

Office employment and job posting data paint different complexions on the U.S. economy. Which is more telling? Office employment and job posting data paint different complexions on the U.S....

The Greenwich, CT office submarket maintains its superior performance compared to other regions within Fairfield https://www.avisonyoung.us/w/friendly-journal-URL When contrasting the two more...

Ridership on the Long Island Rail Road (LIRR) is steadily returning to normalcy https://www.avisonyoung.us/w/friendly-journal-URL In the week immediately preceding the commencement of lockdowns,...

Demand for smaller office space is increasing in Denver https://www.avisonyoung.us/w/demand-for-smaller-office-space-is-increasing-in-denver Due to uncertainty surrounding hybrid work and return to...

Manhattan office employment and job postings tell two distinct stories https://www.avisonyoung.us/w/friendly-journal-URL Job postings serve as a reliable leading indicator of future employment and...

Occupiers adopting a hybrid work model in San Diego are favoring smaller office requirements Occupiers continue to assess the best return-to-office strategies in San Diego. The Pandemic has created...

Raleigh-Durham suburban office leasing volume remains steady as remote job postings reach high levels Raleigh-Durham suburban office leasing volume remains steady as remote job postings reach high...

Economic concerns, return to office policies and right-sizing impact all asset classes in downtown Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Changes in occupancy across all...

Austin leasing activity suggests urban and suburban growth Leasing activity over the past few years suggests occupier demand remains strongest in urban environments, namely the CBD , East Austin,...

Trophy office rents soar in West Palm Beach as an abundance of new inventory delivers Tenants are prioritizing highly amenitized office spaces, causing trophy rent prices to increase...

Industry share of office job postings shift in Tampa Job listings in Tampa's office market have been declining to below pre-pandemic levels in 2023 https://www.avisonyoung.us/w/friendly-journal-URL...

Miami's office resiliency through economic cycles Through different economic downturns, Miami's office market has exhibited strength over the years https://www.avisonyoung.us/w/friendly-journal-URL...

Fort Lauderdale's office job postings remain elevated compared to pre-pandemic levels Quarterly job listing volume in the Fort Lauderdale office market remains high post pandemic...

Manhattan tenants are signing longer term leases in higher quality assets https://www.avisonyoung.us/w/friendly-journal-URL As the future office landscape continues to evolve, certain tenants...

Houston's top 5 submarkets for office leasing activity in 2023 (so far) Houston's office market has seen an uptick in leasing activity during the first half of 2023, with 3.3 msf leased and 37.8%...

Charleston office market outperforms cities with a less diversified city center Charleston office market has only seen a 18.0% increase in office vacancy. Atlanta and Charlotte, cities with...

Nashville’s office leasing seeing an increase in smaller footprints As numerous companies adopt hybrid work-from-home models, their office space needs are changing....

Greenville’s class C offices see decreased availability due to competitive rent rates Class A and class B offices have experienced increased availability since the pandemic, while class C offices...

Remote work remains prevalent, but heightened U.S. return-to-office mandates should lead to stronger near-term demand Remote work remains prevalent, but heightened U.S. return-to-office mandates...

Similar recovery of office leasing activity & CTA ridership in the Chicago CBD CTA ridership and Chicago CBD leasing activity have shown similar recovery patterns since 2020....

The 495 submarkets experience the greatest industrial growth across greater Boston in the last five years https://www.avisonyoung.us/w/friendly-journal-URL The 495 Belt has witnessed the highest...

Tech dominates and drives Atlanta office leasing activity in 2023 https://www.avisonyoung.us/w/friendly-journal-URL –The tech industry leased 6.6% more space during 2020-2023 YTD compared to...

DC metro magic: Exploring the symphony of office performance and proximity to the metro https://www.avisonyoung.us/w/friendly-journal-URL Tenants throughout the DC metro region have generally...

Bay Area sees divide in remote work job postings with lower figures in suburban markets...

DC metro magic: Exploring the symphony of office performance and proximity to the metro https://www.avisonyoung.us/w/friendly-journal-URL Tenants throughout the DC metro region have generally...

The Greenville office environment evolves as new industries grow their presence An influx of new industries is changing the office landscape in Upstate, South Carolina. Check out the breakdown in...

Suburban properties in Nashville witness psf pricing growth amid rising interest rates Viewed as a more affordable option, YTD office and industrial suburban sales have witnessed psf pricing growth...

Life science funding in Raleigh-Durham has cooled down in the past year  Despite this cooldown, Q1 and Q2 2023 have both seen higher funding totals than the same quarters in 2020, and Q3 and Q4 of...

Distress is mounting for U.S. commodity offices Landlords exposed to commodity assets may need to stretch their underwriting assumptions to capture tenant commitment....

A subset of large buildings make up a majority of Manhattan's office space availability https://www.avisonyoung.us/w/friendly-journal-URL As of Q2 2023, the Manhattan office market included 103.3...

Notable decreases in total job postings for both in-person and remote workers across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Total job postings (remote &...

Flight-to-quality trend in Boston driving asking rents up and availability down in Trophy buildings. https://www.avisonyoung.us/w/friendly-journal-URL Similar to most major office markets across...

Downtown Los Angeles sees incentive in tenant concessions for longer term deals The downtown Los Angeles market is seeing higher tenant concessions for longer term deals...

Dallas-Fort Worth’s long-term office supply & demand perspective illustrates how disruptive this cycle has been DFW office absorption, deliveries, and vacancy 1980–2023...

San Francisco venture capitalists ride the AI wave https://www.avisonyoung.us/w/friendly-journal-URL The AI boom in San Francisco is a breath of fresh air for the city and has venture capitalists...

A tale of two cities: The epic saga of supply vs. demand in Washington DC's commercial real estate market https://www.avisonyoung.us/w/friendly-journal-URL The Washington DC metro, specifically its...

Top 50 tech employers in San Francisco disproportionately shed more space than employees were laid off at the location https://www.avisonyoung.us/w/friendly-journal-URL Of the top 50 tech employers...

Despite headlines, a mere 4% of Google, Meta, Amazon and Apple’s total portfolio across Bay Area is available for lease https://www.avisonyoung.us/w/friendly-journal-URL –Of the approximately 57...

The Los Angeles Mansion Tax's effect on commercial real estate LA's Mansion Tax has brought a new discussion for investors when buying or selling properties...

More AI companies are circling the San Francisco market showing a potential expansion of more than half a million square feet. https://www.avisonyoung.us/w/friendly-journal-URL More AI requirements...

Greater Boston’s office-using industries see notable change in job postings Boston job postings seeing a decline from office-using industries https://www.avisonyoung.us/w/friendly-journal-URL Job...

Time on market surprisingly low and stable for Dallas-Fort Worth’s newer class A space We compare office buildings built before and after 2005 https://www.avisonyoung.us/w/friendly-journal-URL The...

Demand for physical office space in Miami shifts based on tenant industry Current leasing activity in Miami confirms some tenant sectors are experiencing stronger return-to-office levels than...

Atlanta’s office market’s historic performance during economic cycles Although economic downturns have had negative effects on Atlanta, the city's office market is known for trending positively...

From blueprint to boom: Unleashing the easing marvel of a next-generation Metro DC office building https://www.avisonyoung.us/w/friendly-journal-URL Since the pandemic structurally shifted office...

Office property Commercial Mortgage Backed Security (CMBS) loan maturities are increasing across Greater Philadelphia https://www.avisonyoung.us/w/friendly-journal-URL Across the Greater...