The U.S. office market ended 2024 with early signs of stability as
metrics improved throughout the year, and much less space was returned
to the market than in 2023. However, strong headwinds in 2025 suggest an
uneven recovery and likely several bumps over the next few years.
Occupiers continue to reduce space as their leases expire but are likely
to upgrade to a higher quality space and building. Despite headlines
focused on large companies` return-to-office efforts, most have evolved
their office operations, embracing flexibility to encourage
productivity. Large, sprawling campuses are being rethought, with the
potential for redevelopment opportunities.
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...moreRSK: Colliers report on industrial and outlook for 2025. Key elements are sustainability, labour and power availability bare the driving forces for location.
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- - Volume: 25 - WEEK: 7 Date: 2/11/2025 2:23:49 PM -