data
bites

Class B office activity rebounding in New Jersey Class B Office Recovery Across Major U.S. Markets https://www.avisonyoung.us/w/friendly-journal-URL In the post-pandemic era, tenant demand has...

Miami Beach offices seeing strongest return-to-office activity Miami Beach and North Miami offices return-to-office activity has passed the pre-pandemic levels. There is about 26 additional...

What’s fueling the shift in Raleigh-Durham’s office sublease market post-COVID? https://www.avisonyoung.us/w/friendly-journal-URL – Both Class A and B sublease availability surged between Q1 2021...

Exploring lease rate shifts across Charlotte’s office submarkets https://www.avisonyoung.us/w/friendly-journal-URL – The southeastern area of Charlotte offers the most affordable office asking...

Undesirable assets continue to inflate San Francisco vacancy After exploring office buildings over 50,000 sf and factoring in asset quality as well as the landlord’s financial status and ability to...

MSP office visitation is notably bifurcated by asset class Explore how office visitation trends reveal a strong preference for high-quality spaces, with Trophy/Class A outperforming B/C...

Strong start to 2025 for Manhattan class B leasing activity Manhattan’s Class B office leasing surges in early 2025, signaling strong demand and market momentum...

Demand disparity: Financial services drive tenant requirements in Chicago CBD with tech and consulting to follow Financial services firms lead Chicago CBD office demand with 2.2 million square...

Which U.S. office markets are seeing a class B rebound? The U.S. office leasing market is undergoing a shift, with high-quality spaces still in high demand; however, class B properties are showing...

Tampa sees strongest office leasing activity in first five months of 2025 Florida’s office leasing market is gaining momentum as businesses reinforce return-to-office policies, driving increased...

No case of the Mondays for Nashville’s return-to-office Nashville office visits rise, led by a 24% Monday spike. Employers mandate more in-office days as demand and leasing activity stay strong....

Small space users remain active amidst low MSP leasing activity In this data bite, we took a closer look at the Minneapolis – St. Paul Q1 2025 leasing activity by various lease size buckets in...

Submarket availability has yet to reach equilibrium across the Greater Philadelphia office market Submarket availability has yet to reach equilibrium across the Greater Philadelphia office market...

Fort Lauderdale base vs. NER pricing difference sees significant growth in the past 12 months Fort Lauderdale offices are experiencing a widening gap between base rent and NER, as landlords offer...

Manhattan lease terms surpass pre-pandemic averages Manhattan lease terms now surpass pre-pandemic averages, reflecting a strong market rebound and increased demand...

Miami sees strong mid-week office utilization growth Miami offices have seen an increase in mid-week employees coming into the office. Overall Miami has experienced a strong office visitation...

Selective confidence: U.S. office lending’s uneven rebound Lender confidence returns—but only selectively. As office markets diverge, opportunities emerge in strongholds while others struggle....

Active smaller space users drive DFW’s first quarter office activity Smaller space users are driving the DFW market in terms for volume. In Q1, tenants requiring less than 5,000 sf totaled almost...

Class B/C office properties in Long Island lead the decline in availability rates Class B/C office properties in Long Island are driving a notable drop in availability rates, signaling shifts in...

Fairfield County office properties see continued decreases in availability rate Fairfield County office properties see continued decreases in availability rate...

Shifting tides: How class B and C office availability reflects U.S. market recovery The office market is evolving post-COVID, as occupiers in Atlanta, Manhattan, and Silicon Valley drive recovery,...

DFW’s office vacancy has improved, but it’s a mixed bag with newer assets Vacancy averages 26.0% for the DFW office market overall. While most existing and stabilized properties fall relatively...

Sublease Share of Total Vacant Space is Trending Downward in Boston https://www.avisonyoung.us/w/friendly-journal-URL Sublease availability in the Boston market has fallen sharply, from 10.5 MSF at...

Consulting and accounting boom as tech declines: Greenville job postings show surprising shift since 2021 Despite declines in certain industries over the past year, all sectors have seen increased...

Large Blocks, Fewer Options: Contiguous large-scale office space narrows despite near-record availability in Chicago CBD Despite near-record availability in Chicago CBD, large contiguous office...

MSP office sublease market sees stabilizing availability In this data bite, we took a closer look at the Minneapolis – St. Paul sublease availability and its stabilization that we have observed...

Manhattan trophy and class A properties see significant decreases in availability rate Manhattan trophy and class A properties see significant decreases in availability rate...

Fort Lauderdale’s office market remains tight with half of the submarkets seeing a decline in vacancy Fort Lauderdale's office market is hitting a decline in vacancy. Locations with greater office...

Average office lease size sees significant increase in Tampa Tampa's office leasing has seen a large increase in activity since Q4 2015, mostly driven by trophy and class A office spaces....

North Fulton/Forsyth kicks off 2025 as Atlanta’s hottest office submarket https://www.avisonyoung.us/w/friendly-journal-URL – During the first quarter of 2025, North Fulton/Forsyth captured the...

Miami office utilization levels outpace other primary markets Miami's office market is seeing a strong comeback for employees returning to the office, reaching its highest office utilization of...

Office availability rises as Nashville tenants seek upgrades Nashville’s office market sees rising vacancies in older class A buildings as tenants favor modern, amenity-rich spaces. With a 27%...

6.2% of Manhattan inventory commanded triple-digit base rents in 2024 6.2% of Manhattan inventory commanded triple-digit base rents in 2024 https://www.avisonyoung.us/w/friendly-journal-URL ...

Shifting migrations: northwest movement of office tenants in the CBD Discover why CBD office relocations since 2024 favor riverfront properties near transit hubs. Highlights: Ogilvie, Union...

In-depth analysis of vacancy across Charlotte’s office market https://www.avisonyoung.us/w/friendly-journal-URL – The Midtown and Southpark submarkets are demonstrating strong market performance,...

Long Island job postings for major office-using industries show surprising change since 2022 Long Island job postings for major office-using industries show surprising change since 2022...

U.S. office space in transition: Shifting demand in 2025? Explore what U.S. office trends could lead to a surge in leasing demand in 2025. https://www.avisonyoung.us/w/friendly-journal-URL Three...

MSP’s office market could see 260 bps reduction in vacancy following office to residential conversions identified in St. Paul’s downtown In this data bite, we took a look at the potential market...

Atlanta’s Midtown submarket driving up total office vacancy rates https://www.avisonyoung.us/w/friendly-journal-URL – Office vacancy rates continue to climb in Atlanta and much of the vacancy is...

Mapping the federal footprint: Locating the U.S. government’s leased square footage How much real estate does the U.S. federal government lease outside of Washington, D.C. and where is it located?...

Manhattan’s Park Avenue availability rate hits lowest value since 2018 Manhattan’s Park Avenue availability rate hits lowest value since 2018 https://www.avisonyoung.us/w/friendly-journal-URL The...

DFW office market shows mixed recovery, but urban core nears pre-COVID levels As of December 2024, the U.S. office sector had rebounded to 60.8% of where it stood before COVID and the sector’s...

Chicago office sales catch momentum in 2025 Chicago CBD office sales hit highest quarterly volume since 2023. Driven by private investors, notable real estate sales at discounts hint at market...

New Jersey office leasing activity has increased year-over-year in 2024 New Jersey office leasing activity has increased year-over-year in 2024 https://www.avisonyoung.us/w/friendly-journal-URL ...

Fairfield County average lease size sees year-over-year increase Fairfield County average lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL The average...

Long Island average office lease size sees year-over-year increase Long Island average office lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL The average...

MSP office leasing congregating in next-newest tier of buildings In this data bite, we looked at the historical leasing volume by different office building construction eras. In the post-pandemic...

CBD offices in Greenville and Spartanburg eclipse suburban counterparts as demand shifts to experience-driven work environments Class A offices in the central business districts of Greenville and...

Charleston's office market continues to outpace the national average Charleston continues to attract new residents and businesses, and as a result the city's office market has seen a modest...

Sublet availability in Austin continues to decline Austin’s office sublease market has gradually picked up throughout 2024, with availability rates decreasing quarter-over-quarter....

Nashville investment activity across most sectors began to rebound in 2024 Investment sales in Nashville rebounded in 2024, with office, industrial, and retail sectors experiencing year-over-year...

Market outlook: Atlanta office activity proving promising for 2025 https://www.avisonyoung.us/w/friendly-journal-URL – Although Atlanta’s 2024 office leasing activity was down 21% compared to...

From coast to coast: A regional breakdown of U.S. office recovery While office leasing is still below pre-pandemic levels across the U.S., some markets and regions are recovering faster than...

Older Long Island office buildings see year-over-year drop in leasing activity Older Long Island office buildings see year-over-year drop in leasing activity...

Fairfield County office leasing activity surges in newer buildings Fairfield County office leasing activity surges in newer buildings https://www.avisonyoung.us/w/friendly-journal-URL Among...

Comparing sublease and direct office availability in the MSP area In this data bite, we looked at the MSP Available Sublease Office space landscape and analyzed the decline in volume since peaking...

Manhattan 2024 leasing activity leads post-COVID recovery among major markets Manhattan 2024 leasing activity leads post-COVID recovery among major markets...

Nashville leasing activity shifting towards smaller office footprints The post-COVID office market sees tenants favoring smaller spaces, with average leases shrinking by 2,000 sf. Despite rising...

Higher quality offices command larger leases in Minneapolis – St. Paul In this data bite, we analyzed the changes in the average lease size each year since 2019 in office leases within high-quality...

Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office to residential conversions Downtown Boston’s Class B market will see 2.5% reduction in vacancy following office...

Flight to “Experience” a prevalent theme in MSP office activity In this data bite, we took a look at the evolving “flight to experience” by analyzing Trophy & Class A and Class B & C visitation...

U.S. office sublease options dwindle as most markets’ availabilities decline Office sublease space has been steadily declining over the past year, with major markets across the U.S. leading the...

Price gaps in the skyline: the premium on quality office trades in the U.S. The price gap between top-tier and overall office trades continues growing amid rising prices and potential Fed rate...

Across Greater Philadelphia, the total available SF for office space remains highest among urban submarkets Across Greater Philadelphia, the total available SF for office space remains highest...

Houston sees strong demand in newly delivered office buildings Since 2020, Houston's office market has added 5.5 msf of new space, with the bulk, 2.7 msf, delivered in 2021. This new inventory...

Long Island office busyness sees a post-Labor Day push Long Island Office Busyness Index https://www.avisonyoung.us/w/friendly-journal-URL According to Avison Young’s Office Busyness Index,...

Back to business: U.S. office busyness continues to grow Offices across the country have experienced significant growth in busyness levels over the past four years, with some markets outpacing the...

DFW’s office market – where’s the best deal for nice space? In the last few years, office rents for top-quality space in DFW have been increasing rapidly. One driver of these rising rents is the...

Suburban locations in Austin see higher rates of visitation Suburban office locations have continued to gain popularity, with visitation reaching 64.5% of prepandemic levels by 2024, outperforming...

Higher quality office buildings command larger leases in Tampa The average lease size in Trophy/Class A buildings has increased significantly over Class B product in the Tampa office market...

Breaking down MSP’s desirable office space In this data bite, we took a closer look at MSP’s available office space. We categorized available space as desirable & undesirable, with undesirable...

Spec suites continue to see strong demand in Fort Lauderdale Spec suites continue to see strong demand in Fort Lauderdale https://www.avisonyoung.us/w/friendly-journal-URL The Fort Lauderdale...

Companies in Miami continue to call employees back to the office Companies in Miami continue to call employees back to the office https://www.avisonyoung.us/w/friendly-journal-URL Miami's...

New Jersey office busyness increases year-over-year New Jersey office busyness increases year-over-year https://www.avisonyoung.us/w/friendly-journal-URL Overall office use has increased in New...

Fairfield County office busyness sees a post-Labor Day push Fairfield County office busyness sees a post-Labor Day push https://www.avisonyoung.us/w/friendly-journal-URL According to Avison...