U.S. Gateway Office Market Construction | Q2 2024


U.S. Gateway Office Market Construction | Q2 2024


 Top Office Markets


As of mid-year 2024, 33.3 million square feet (MSF) of office space was under construction in the top U.S. markets in 123 properties. With less than half of the pipeline pre-leased, developers are holding off on new construction starts until material and loan prices lower and demand picks up. Seven markets have pre-leasing under 40.0%.

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RSK: Interesting report from Colliers on office construction and demand.

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- - Volume: 24 - WEEK: 31 Date: 7/30/2024 2:55:41 PM -