Login

Cities With Higher Living Costs See Weaker Office Demand

More Expensive Markets Post Biggest Declines in Occupancy

Office demand has been more resilient in markets with a lower cost of living, such as St. Louis. (Salil Rajan/CoStar)
Office demand has been more resilient in markets with a lower cost of living, such as St. Louis. (Salil Rajan/CoStar)

The longer the post-pandemic turmoil in office demand continues, the more clues emerge about what separates the wheat from the chaff for this property type. The relative cost of living in an office building’s metropolitan area appears to be a factor.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In