data
bites

Office availability rises as Nashville tenants seek upgrades Nashville’s office market sees rising vacancies in older class A buildings as tenants favor modern, amenity-rich spaces. With a 27%...

6.2% of Manhattan inventory commanded triple-digit base rents in 2024 6.2% of Manhattan inventory commanded triple-digit base rents in 2024 https://www.avisonyoung.us/w/friendly-journal-URL  ...

Shifting migrations: northwest movement of office tenants in the CBD Discover why CBD office relocations since 2024 favor riverfront properties near transit hubs. Highlights: Ogilvie, Union...

In-depth analysis of vacancy across Charlotte’s office market https://www.avisonyoung.us/w/friendly-journal-URL – The Midtown and Southpark submarkets are demonstrating strong market performance,...

Long Island job postings for major office-using industries show surprising change since 2022 Long Island job postings for major office-using industries show surprising change since 2022...

U.S. office space in transition: Shifting demand in 2025? Explore what U.S. office trends could lead to a surge in leasing demand in 2025. https://www.avisonyoung.us/w/friendly-journal-URL Three...

MSP’s office market could see 260 bps reduction in vacancy following office to residential conversions identified in St. Paul’s downtown In this data bite, we took a look at the potential market...

Atlanta’s Midtown submarket driving up total office vacancy rates https://www.avisonyoung.us/w/friendly-journal-URL – Office vacancy rates continue to climb in Atlanta and much of the vacancy is...

Mapping the federal footprint: Locating the U.S. government’s leased square footage How much real estate does the U.S. federal government lease outside of Washington, D.C. and where is it located?...

Manhattan’s Park Avenue availability rate hits lowest value since 2018 Manhattan’s Park Avenue availability rate hits lowest value since 2018 https://www.avisonyoung.us/w/friendly-journal-URL   The...

DFW office market shows mixed recovery, but urban core nears pre-COVID levels As of December 2024, the U.S. office sector had rebounded to 60.8% of where it stood before COVID and the sector’s...

Chicago office sales catch momentum in 2025 Chicago CBD office sales hit highest quarterly volume since 2023. Driven by private investors, notable real estate sales at discounts hint at market...

New Jersey office leasing activity has increased year-over-year in 2024 New Jersey office leasing activity has increased year-over-year in 2024 https://www.avisonyoung.us/w/friendly-journal-URL  ...

Fairfield County average lease size sees year-over-year increase Fairfield County average lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL   The average...

Long Island average office lease size sees year-over-year increase Long Island average office lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL   The average...

MSP office leasing congregating in next-newest tier of buildings In this data bite, we looked at the historical leasing volume by different office building construction eras. In the post-pandemic...

CBD offices in Greenville and Spartanburg eclipse suburban counterparts as demand shifts to experience-driven work environments Class A offices in the central business districts of Greenville and...

Charleston's office market continues to outpace the national average Charleston continues to attract new residents and businesses, and as a result the city's office market has seen a modest...

Sublet availability in Austin continues to decline Austin’s office sublease market has gradually picked up throughout 2024, with availability rates decreasing quarter-over-quarter....

Nashville investment activity across most sectors began to rebound in 2024 Investment sales in Nashville rebounded in 2024, with office, industrial, and retail sectors experiencing year-over-year...

Market outlook: Atlanta office activity proving promising for 2025 https://www.avisonyoung.us/w/friendly-journal-URL – Although Atlanta’s 2024 office leasing activity was down 21% compared to...

From coast to coast: A regional breakdown of U.S. office recovery While office leasing is still below pre-pandemic levels across the U.S., some markets and regions are recovering faster than...

Older Long Island office buildings see year-over-year drop in leasing activity Older Long Island office buildings see year-over-year drop in leasing activity...

Fairfield County office leasing activity surges in newer buildings Fairfield County office leasing activity surges in newer buildings https://www.avisonyoung.us/w/friendly-journal-URL   Among...

Comparing sublease and direct office availability in the MSP area In this data bite, we looked at the MSP Available Sublease Office space landscape and analyzed the decline in volume since peaking...

Manhattan 2024 leasing activity leads post-COVID recovery among major markets Manhattan 2024 leasing activity leads post-COVID recovery among major markets...

Nashville leasing activity shifting towards smaller office footprints The post-COVID office market sees tenants favoring smaller spaces, with average leases shrinking by 2,000 sf. Despite rising...

Higher quality offices command larger leases in Minneapolis – St. Paul In this data bite, we analyzed the changes in the average lease size each year since 2019 in office leases within high-quality...

Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office to residential conversions Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office...

Flight to “Experience” a prevalent theme in MSP office activity In this data bite, we took a look at the evolving “flight to experience” by analyzing Trophy & Class A and Class B & C visitation...

U.S. office sublease options dwindle as most markets’ availabilities decline Office sublease space has been steadily declining over the past year, with major markets across the U.S. leading the...

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...