The industry's own research.
2,901 items
showing 2,521–2,580 of 2,901

Newmark's Denver Office Market Overview for first quarter 2026 documents negative net absorption of 249,270 square feet and a vacancy rate of 31.1 percent, though this represents improvement from prior-year declines, while leasing activity surged 43.5 percent sequentially to 2.1 million square feet as median asking rents held relatively stable at $32.15 per square foot. Office-using employment sectors contracted year-over-year amid an unemployment rate of 4.2 percent, though the University of Colorado projects economic headwinds will ease in 2026 to improve hiring and employment growth.

Miami's office market recorded 918,000 square feet of total leased space in Q1 2026, with tech occupiers accounting for 37% of leasing activity and FIRE tenants representing 20%, while the market achieved $523.3 million in sales volume—the highest first-quarter total in over a decade—driven by major transactions including Goldman Properties and Citadel's acquisition of 545 Wyn and Mana Group's purchase of One Downtown. Miami's office utilization stood at 75.1% in February 2026 compared to February 2019, outperforming primary national markets, with overall market vacancy at 13.7% and positive net absorption of 96,265 square feet for the quarter.

This is a data and figures report published by CBRE on March 31, 2026, presenting office sector market data for Phoenix, Arizona in the first quarter of 2026.

This is a Q1 2026 market report published by CBRE presenting data and figures on the office sector in Miami, Florida. The report appears to cover office market metrics for the Miami market as of March 2026.

This is a market report published by JLL on March 31, 2026, covering office sector dynamics in Phoenix, Arizona for the first quarter of 2026.

The Phoenix office market recorded negative direct net absorption of 267,340 square feet in the first quarter of 2026, with total leasing activity of 1.4 million square feet and a decline in vacancy rates to 24.0 percent year-over-year, while average direct asking rents rose 2 percent to $31.45 per square foot. The market continues to experience tenant downsizing driven by hybrid work trends, with demand shifting toward move-in-ready spec suites and Class A buildings offering enhanced amenities such as collaborative spaces and on-site services.

This is a data and figures report published by CBRE on March 31, 2026, presenting office market metrics for downtown Boston in the first quarter of 2026.

This is a first-quarter 2026 market data report from CBRE covering the office sector in the Boston suburban area.

During Q1 2026, multifamily net absorption in Phoenix reached 6,261 units, representing the strongest quarterly performance in at least the last 26 years. The total overall vacancy in the metro Phoenix retail market was 5.0% during the first quarter of 2026.

Greater Boston's office market posted negative net absorption of nearly 140,000 square feet in the first quarter of 2026, pushing the vacancy rate to a historic high of 23.2 percent. Class A assets posted positive absorption for the second consecutive quarter, while Class B properties logged their eleventh consecutive quarter of negative absorption. Development has slowed sharply, with new office construction falling to a 15-year low, and only one project remaining underway in the region.

Miami's office market in Q1 2026 recorded a 15.1% overall vacancy rate with asking rents at $65.22 per square foot, driven by modest leasing activity of 288,000 square feet (down 54.3% year-over-year) and ongoing flight-to-quality demand favoring Class A space, while the market maintains a 490,000-square-foot construction pipeline that is only 20% preleased. Class A rents reached $71.59 per square foot (up 4.8% year-over-year) and Class B rents rose to $54.40 per square foot (up 3.9% year-over-year), with Coral Gables leading submarket rent growth at 13.9% annually to $62.17 per square foot.

This is a market report published by Colliers in March 2026 covering the office sector in Atlanta and broader national markets for the first quarter of 2026.

This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 office market metrics for the Denver Southeast submarket in Colorado.

This is a market report published by Colliers in Q1 2026 covering the office sector in Miami-Dade County, Florida.

This is a first-quarter 2026 market data report on downtown Denver office sector figures published by CBRE.

This is a Q1 2026 office sector data report published by CBRE on March 31, 2026, covering Atlanta office market figures. The report includes national classification context alongside Atlanta and Georgia geographic data.

Atlanta Metro recorded 2.6 million square feet of leasing activity in Q1 2026, up 3.3% year-over-year, with the overall vacancy rate declining 50 basis points to 26.5% as demand strengthened amid employer shifts toward in-office work requirements and early lease commitments. Asking rents increased 4.6% year-over-year to $33.09 per square foot, the second consecutive quarter of at least 4% annual growth, while Central Perimeter led leasing volume with a 70.6% increase and net absorption reached 487,222 square feet, the largest quarterly total since Q3 2022.

This is a data figures report published by CBRE on March 31, 2026, presenting office sector statistics for Denver, Colorado in the first quarter of 2026.

Atlanta's office market recorded 1.6 million square feet of new leasing activity in Q1 2026, with suburban submarkets accounting for nearly 73% of volume, while overall vacancy declined to 25.0% and asking rents averaged $33.26 per square foot. Georgia's economic growth, driven by major corporate announcements including UCB's $2 billion manufacturing commitment and Yamaha Motor's U.S. headquarters relocation to Atlanta, supported stable leasing demand and positive net absorption of 109,364 square feet in the quarter.

This is a first-quarter 2026 office market report for the Greater Phoenix area published by Colliers. The report covers office sector conditions and activity in Phoenix, Arizona.

The Cushman & Wakefield Boston Office Q1 2026 MarketBeat report analyzes the Greater Boston office market, finding vacancy rose 40 basis points quarter-over-quarter to 18.5% while net absorption declined 735,100 square feet year-to-date, with overall asking rent decreasing 2.3% to $47.74 per square foot. Downtown Boston submarkets led demand with 1.0 million square feet of new leasing (64.3% of total market volume), driven largely by JP Morgan's 251,000-square-foot commitment at South Station Tower, while Class A assets commanded 76.6% of downtown deal volume as tenants demonstrated a "flight to quality" away from functionally obsolete Class B inventory.

Miami-Dade County's office market recorded negative net absorption of 99,330 square feet in fourth quarter 2025, with vacancy rising 20 basis points year-over-year to 14.8%, while average asking rents hit a record high of $61.49 per square foot, up 5.7% annually, driven by tenant flight-to-quality and new Class A deliveries. Employment growth in office-using sectors remained mixed, with financial activities expanding 1.2% year-over-year while professional and business services and information sectors contracted 1.3% and 0.9% respectively, as overall office-using employment dipped 0.5% to 332,600 jobs.

San Francisco's office market achieved historic first-quarter 2026 results, with leasing activity of 4.2 million square feet (second-strongest quarter on record) and net absorption of 1.5 million square feet (highest ever recorded), while vacancy dropped 390 basis points year-over-year to 27.9%. Artificial intelligence and technology companies drove demand, representing just over half of current tenant demand at 9.7 million square feet, with major leases signed by Anthropic (484,000 square feet), OpenAI (282,000 square feet sublease), and other tech firms, while average direct asking rents rose modestly to $67.77 per square foot.

This is a quarterly data report published by CBRE on March 31, 2026, presenting office sector figures for the San Francisco Peninsula market in the first quarter of 2026.

This is a Q1 2026 data report published by CBRE covering office market figures for downtown Chicago. The report presents quantitative metrics and statistics for the Chicago office sector during the first quarter of 2026.

Cushman & Wakefield's Houston Office Q1 2026 report analyzes the Houston metropolitan office market, which recorded 2.4 million square feet of leasing activity, 24.9% vacancy, and $31.77 per square foot average asking rent, with Class A space dominating demand while the market experienced negative net absorption of 817,000 square feet for the third consecutive quarter. Houston's employment reached 3.5 million with 0.6% year-over-year growth, outpacing the 0.2% national rate, though the construction pipeline remains constrained to two projects totaling 253,000 square feet, with limited new supply expected to help contain downward pricing pressure on lower-tier assets while well-leased Class A buildings benefit from tenant flight-to-quality demand.

Austin's office market recorded 1.1 million square feet of positive net absorption in Q1 2026, driven primarily by SB Energy's purchase of the 1.2 million square foot former 3M Class A campus on River Place Blvd., with the overall vacancy rate declining 130 basis points to 23.3% and full-service average rent at $45.02 per square foot. The construction pipeline contracted 30.7% over the quarter with no deliveries added, while quarterly leasing velocity decreased 2.4% from the prior quarter to 1.4 million square feet, and investment sales volume totaled $230 million over the preceding 12 months at an average capitalization rate of 6.5%.

San Francisco's office market in Q1 2026 experienced significant improvement, with overall vacancy declining 110 basis points to 31.6%, net absorption reaching 896,000 square feet year-to-date, and asking rents rising to $69.16 per square foot, driven by record venture capital activity and strong leasing demand concentrated in artificial intelligence and tech sectors. Leasing activity reached 3.7 million square feet with AI companies accounting for nearly 50% of new deals, while notable transactions included Anthropic's 480,000-square-foot headquarters lease and the Transamerica Pyramid sale for $691 million, indicating initial signs of market stabilization despite elevated vacancy in lower-quality space.

Los Angeles County office market experienced continued pressure in Q1 2026 with vacancy rising to 23.6% and net absorption declining by 1.1 million square feet year-to-date, driven by modest employment growth of 0.8% concentrated in healthcare and education rather than office-using sectors. The overall average asking rent increased modestly to $3.62 per square foot monthly, while total leasing volume reached 2.2 million square feet down 23.6% year-over-year, with sublease inventory improving as vacant sublease space fell 22.0% year-over-year to 6.7 million square feet.

This is a quarterly market report on the Manhattan office sector published by Colliers on March 31, 2026, covering the first quarter of 2026.

This is a first-quarter 2026 office market data report published by CBRE covering the Dallas/Fort Worth metropolitan area.

This is a quarterly data report on Los Angeles office market figures published by CBRE at the end of the first quarter of 2026. The report covers office sector metrics for the Los Angeles market.

This is a first-quarter 2026 data report published by CBRE presenting office market figures for Manhattan's Midtown submarket in New York.

This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter 2026 office market statistics for the Chicago suburban area.

Manhattan's office market in Q1 2026 experienced historic leasing momentum with total new leasing reaching 9.5 million square feet (the highest quarterly total since Q2 2019) and combined new and renewal leasing soaring to 13.2 million square feet, a 36.1% year-over-year increase, while the overall vacancy rate declined to 19.9%—its lowest level since Q3 2021. Key transactions included Bank of America's 2.1 million square foot renewal and expansion at One Bryant Park and American Express's nearly 2.0 million square foot commitment at Two World Trade Center, with Class A asking rents edging up to $83.25 per square foot amid broader employment growth that added 15,700 jobs since Q3 2025.

Manhattan's office market in the first quarter of 2026 showed significant improvement, with available space declining for eight consecutive quarters to 14.6% from 19.5%, leasing activity reaching 12.9 MSF—the highest since Q4 2019—and overall asking rents growing to $78.25 per square foot, though remaining 4.2% below pre-pandemic levels. Tech and media sector requirements hit a decade-high of 8.8 MSF with artificial intelligence firms representing 22.1% of that demand, while office-using employment remained below December 2024 peaks as unemployment rose to 5.5% amid economic uncertainty.

Houston's office market in Q1 2026 recorded negative net absorption of 158,417 square feet, a vacancy rate increase to 26.5%, and construction deliveries of 464,450 square feet, though leasing activity rose 29.8% to 2.7 million square feet with average rental rates increasing 0.7% quarterly to $30.84 per square foot. Class A properties drove positive absorption of 95,067 square feet while Class B properties declined, and the under-construction pipeline decreased 39.6% to 622,040 square feet, with investment sales volume totaling $788 million over the prior 12 months across 166 properties.

This is a Q1 2026 office sector data report published by CBRE covering the Austin market. The report presents figures and market metrics for the office sector in Austin, Texas.

This is a data and figures report published by CBRE on March 31, 2026, presenting first-quarter office market metrics for Manhattan. The report covers office sector information at local and national geographic levels.

This is a data-figures report published by CBRE on March 31, 2026, presenting office sector figures for San Francisco in the first quarter of 2026.

Cushman & Wakefield's Dallas/Fort Worth Office Q1 2026 report documents market conditions including a 24.5% overall vacancy rate, asking rents of $34.04 per square foot, 3.3 million square feet in first-quarter leasing activity (up 17.9% quarter-over-quarter), and positive net absorption of 116,870 square feet for the fifth consecutive quarter, with Class A outperforming at 339,931 square feet absorbed while Class B declined. The report projects that DFW office fundamentals will continue strengthening throughout 2026 as an emerging shortage of top-tier space drives upward rent pressure despite favorable concessions, and that construction activity will remain historically low at 2.0 million square feet with new starts of approximately 248,000 square feet in the first quarter.

This is a data report published by CBRE on March 31, 2026, presenting office sector figures for Houston in the first quarter of 2026. The report covers Houston office market metrics and is classified as a national-level market figures publication.

The Dallas-Fort Worth office market in Q1 2026 experienced a 43.6% quarterly increase in leasing activity to 4.3 million square feet, but net absorption turned negative at -210,199 square feet while vacancy rose 10 basis points to 25.4%. Average rental rates increased 3.0% quarterly and 6.0% annually to $33.31 per square foot, with Class A properties reaching a record high of $37.47 per square foot.

This is a market report published by CBRE in December 2025 covering the office sector in San Francisco, California. The report provides a snapshot of conditions and metrics for the San Francisco office market as of the fourth quarter of 2025.
Melbourne's CBD office vacancy stood at 19.7% as of Q1 2026, but JLL analysis distinguishes between frictional, entrenched, and structural vacancy, identifying approximately 4.0% of secondary stock as structurally vacant and 6.0% of prime stock as entrenched vacant, suggesting only 9.7% of the headline figure represents genuinely competitive space. The research attributes elevated vacancy primarily to supply-driven factors, with 675,000 square meters of new office space completed between Q1 2020 and Q1 2026 (12.5% of total stock), and identifies building obsolescence as a key driver, with older assets from the 1980s or earlier representing 58.4% of secondary stock and containing 120,500 square meters of structural vacancy concentrated in the Western Core precinct.

South Florida's office market posted an 8.6% vacancy rate in Q4 2025 with asking rents rising year-over-year from $37.37 to $39.81 per square foot NNN, while industrial vacancies increased to 5.7%, retail remained stable at 3.3% vacancy, and multifamily vacancies edged up to 6.7%. Lee & Associates attributed office resilience to wealth management firm activity and upcoming hedge fund investment events, while noting industrial market recalibration with negative net absorption and retail strength driven by grocery-anchored assets and Publix expansion.

The Phoenix office market in first quarter 2026 experienced negative net absorption of 267,000 square feet with leasing activity increasing 10% year-over-year to 1.4 million square feet, while total vacancy decreased 70 basis points to 24.0% and average direct asking rates rose to $31.45 per square foot. Hybrid work trends are driving tenant demand toward smaller move-in-ready suites averaging 4,000-5,000 square feet and Class A properties offering hospitality-driven amenities such as conference facilities and on-site dining, with Tempe recording the strongest submarket performance at 195,000 square feet of positive net absorption.

The Puget Sound office market's regional vacancy rate rose to 23.1% in first quarter 2026, a 30 basis point increase from the prior quarter, with net absorption totaling negative 486,708 square feet as leasing activity remained slow despite signs of stabilization and improved fundamentals. Large technology firms including Microsoft and Amazon have paused office expansions and reduced surplus space, while Seattle's position as the third-ranked U.S. metro area for artificial intelligence industry growth is generating demand for smaller, furnished "plug and play" spaces, though downtown Seattle continues facing elevated vacancy and weak tenant commitment.

This is a quarterly market report on the Austin office sector published by Colliers in March 2026, covering Q1 2026 performance.

The San Francisco office market showed improving fundamentals in first quarter 2026, with leasing activity totaling 3.4 million square feet—the sixth consecutive quarter exceeding 2.0 million square feet—and net absorption of 855,000 square feet representing the strongest total since 2019, though overall vacancy remained elevated at 28 percent and asking rents increased 3.4 percent year-over-year to $48.70 per square foot. High-profile tenant expansions by AI-focused firms including OpenAI's 222,000-square-foot lease and Anthropic's combined 626,000 square feet across three properties demonstrated confidence in San Francisco as an innovation center, while demand concentrated in newer, well-located buildings with amenities reinforced a widening performance gap between high-quality and older inventory.

This is a market report published by Colliers in March 2026 covering the office sector in Houston, Texas with national context.

Kidder Mathews' 1Q 2026 Los Angeles office market report documents a market facing persistent headwinds, with direct vacancy holding steady at 15.9%, total availability at 19.7%, and average direct asking rents at $3.53 per square foot on a full-service basis. Leasing activity remained relatively flat at 3.4 million square feet with negative net absorption of 143,000 square feet, reflecting continued tenant hesitancy around return-to-office mandates and a structural shift toward remote and hybrid work arrangements, though healthcare occupiers and new media companies showed increased demand amid elevated landlord concessions in higher-vacancy submarkets.

This is a market report published by Colliers in March 2026 covering the office sector in San Francisco, California.

This is a quarterly market report on the Denver office sector published by Colliers in Q1 2026. The report covers office market conditions in Denver, Colorado, with reference to national market context.

This is a first-quarter 2026 market report published by Colliers covering the office sector in the Greater Boston area. The report provides analysis of office market conditions as of March 31, 2026.

This is a market report published by Colliers on March 31, 2026 covering the office sector in the San Francisco Bay Area during the first quarter of 2026.

This is a quarterly market report on the office sector in the Dallas-Fort Worth metropolitan area, published by Colliers in the first quarter of 2026. The report covers office market conditions and activity in this Texas region.

Cushman & Wakefield's Q4 2025 U.S. office market report shows that net absorption turned positive in the second half of 2025 with +2.5 million square feet recorded in the final six months, with positive absorption occurring in 50 U.S. markets for the full year. Overall vacancy finished at 20.5% (up 30 basis points year-over-year, the smallest annual increase in five-and-a-half years), Class A buildings drove demand momentum with +9.2 million square feet of absorption for the year, and the construction pipeline dropped to just 19.1 million square feet under construction—the lowest level in the 21st century.

Demand for high-quality office space is strengthening, with Class A net absorption turning positive at +3.0 million square feet on a four-quarter rolling basis in Q3 2025 for the first time in over three years, while office construction deliveries have declined sharply to 13.4 million square feet year-to-date—50% below the prior year and the lowest first three quarters since 2012. Overall U.S. office market net absorption was -4.3 million square feet in Q3 2025, though 46 of 92 tracked markets posted positive absorption, sublease availability declined 14.5% from its Q1 2024 peak, and the under-construction pipeline fell to 22.5 million square feet, representing just 0.4% of total office inventory and the lowest total in the 21st century.

Cushman & Wakefield's Q1 2025 U.S. office market report shows that while net absorption was negative at -10.5 million square feet in the quarter, the four-quarter rolling absorption total reached -35 million square feet, representing a 30% improvement quarter-over-quarter and 48% improvement year-over-year, with positive absorption recorded in one-third of U.S. markets. The report emphasizes that office vacancy remains unequally distributed at 20.8% nationally, with over half of office buildings maintaining single-digit vacancy rates, while Class A properties showed stronger absorption improvements of 36% quarterly and 55% annually, and supply pressures continued easing as sublease inventory declined 9.5% year-over-year and the construction pipeline contracted to 26.2 million square feet, its lowest quarterly delivery total in over 12 years.