People are steadily and increasingly returning to office buildings as of June – at least in New York City, Boston, Chicago, and San Francisco, where Placer.ai reported the latest numbers.
Compared to last year, office buildings are bustling. Visits were up in major cities: New York City (54.4% increase), Chicago (38.3%), San Francisco (84.6%) and Boston (31.2%), which indicates that the office return is still underway.
Although the growth in YoY office visits appears to be leveling, this is likely more a reflection of the increase in office foot traffic throughout the first half of 2021 than of any real downward trend, writes Placer.ai's Bracha Arnold.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
