Office leasing activity slowed in December, according to two new reports.
Tag: VTS
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Office Space Demand Falls Again
VTS, New York, reported new demand for office space fell for the second consecutive month in October to a level last seen in the first quarter.
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Office Demand Increases, But Full Return Remains Far Off
New demand for office space rose in August, indicating the Delta variant did little to damp employers’ searches.
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Cities With More Remote-Friendly Jobs See Slower Office Market Recovery
Office markets in cities with a greater percentage of remote-friendly jobs are recovering more slowly than in cities with fewer such jobs, reported VTS, New York.
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Office Market At a ‘Critical Crossroads’
JLL, Chicago, says the U.S. office market is at a “critical crossroads.”
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Office Demand Approaches Pre-COVID Levels in Some Large Markets
One year after the pandemic started, demand for office space in the country’s largest markets is approaching pre-COVID levels and recovery appears to be looming for several markets, reported VTS, New York.