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The Incredible Shrinking Ratio of Square Feet per Office Worker Reflects Demand Reset

Per-Employee Allocation in Flux as Occupiers Settle on Space Needs
Tech-heavy Seattle is among the major markets where employment growth is slowing alongside rapidly shrinking per-worker occupancy.
Tech-heavy Seattle is among the major markets where employment growth is slowing alongside rapidly shrinking per-worker occupancy.
CoStar Analytics
February 20, 2024 | 8:26 P.M.

Four years since the pandemic disrupted workplaces, office occupiers are still settling on their space requirements and aligning their attendance policies with their occupancy footprints. A look back at the longer-term trend in per-worker occupancy offers insight into the ultimate reset in demand for office space.

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