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.
Continue Reading for Free
Register and gain access to:
- 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
NOT FOR REPRINT
© 2024 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.
