Office leasing activity slowed in December, according to two new reports.
Tag: VTS
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.
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.
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.
Office Market At a ‘Critical Crossroads’
JLL, Chicago, says the U.S. office market is at a “critical crossroads.”
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.