#office-vacancy

#office-vacancy

Hybrid and remote work has led to record-high office vacancies, with 20.4% of office space empty in major metro areas.

Major companies are rolling back flexible work policies due to pressures and financial considerations.

RTO policies are often justified by claims of productivity but may have underlying financial motives.

Charlotte's office vacancy rate reached 24.6% in 2024, largely due to remote work and declining demand for office space.

The Helmsley Building may be converted into apartments amid rising office vacancies in Manhattan.

One in three offices in San Francisco vacant despite tech boom.

Ground-floor retail can help draw tenants back to offices in Downtown Los Angeles.

Offering amenities and experiences within office buildings is crucial to attract workers back.

Downtown San Jose faces worsening economic conditions due to two major tenants exiting.

Office vacancy and availability rates in downtown San Jose are at all-time highs, putting pressure on the market.