After oscillating between half and two-thirds of what it was before the pandemic, office space demand has stabilized and will remain at current levels for the foreseeable future, according to VTS' latest report.
Noteworthy in its market report is that Los Angeles is thriving, and Seattle has slipped to historic lows.
The VODI tracks unique new tenant tour requirements of office properties in core US markets and is an early available indicator of upcoming office leasing activity.
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