Decrease In Demand for Office Spaces
- Seattle, Portland, San Francisco
- 2023/02/01
The demand for office spaces ended 2022 ↓ 21% in December. The decrease in demand is attributed to a shift towards remote work due to the COVID-19 pandemic. Many companies have reduced their office footprints and are opting for smaller, more flexible spaces. Some cities are still seeing new construction of office spaces and a limited amount of leasing activity.
Market UpdateSign up
Already have an account? Log In
Select Your Area
Are you a real estate agent?
Yes
No
Los Angeles, San Diego, Central Coast, New York, New Jersey, North Carolina, Colorado, Miami, Tampa, Orlando, Charlotte, Raleigh, USA, California, Sacramento, Texas, Austin, Houston, Dallas, San Antonio, Illinois, Chicago, Atlanta, Florida, Nevada, Washington D.C., Minnesota, Minneapolis, Ohio, Pennsylvania, Arizona, Philadelphia, Maryland, Massachusetts, Connecticut, Indiana, South Carolina, Virginia, Missouri, Hawaii, Arkansas, Tennessee, Washington, Alabama, Jacksonville, North Port-Sarasota-Bradenton, Cape Coral – Fort Myers, Michigan, Oklahoma, Kansas, Utah, Oregon, Wisconsin, New Hampshire, Georgia