Return To Office Plods Along As Tenants Vacate Space


Return To Office Plods Along As Tenants Vacate Space


Office occupancy ticks up, but still isn`t in positive absorption territory.

Low return-to-office figures persist as the summer wears on, with offices seeing roughly the same level of traffic in July, after workers returned from the Independence Day weekend, as they did in June.

Office occupancy in 10 major U.S. markets after the holiday weekend edged back up to 44.1%, according to the latest Kastle Back-to-Work Barometer...


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RSK: In Chicago, most CRE Brokers see an end to high rise office buildings downtown. But I am not sure of that. As leases expire, tenants are moving out of older buildings into newer ones with more amenities albeit, less square footage.

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- - Volume: 10 - WEEK: 31 Date: 7/26/2022 10:43:13 AM -