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US office leasing bounces back to start 2025

Activity surges to highest level in more than five years
Increased leasing in Century City helped propel volume in Los Angeles close to its pre-pandemic norm in the first quarter of 2025. (Sherri Johnson/CoStar)
Increased leasing in Century City helped propel volume in Los Angeles close to its pre-pandemic norm in the first quarter of 2025. (Sherri Johnson/CoStar)
CoStar Analytics
April 4, 2025 | 7:06 P.M.

Growing economic uncertainty was not enough to stem the tide of tenants’ appetite for U.S. office space in the first quarter of the year.

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