Despite robust demand for new office space, lender caution around speculative projects coupled with squeezed developer margins has driven construction activity across the Big Six regional markets to a 13-year low.
Office construction across the Big Six slumps to a 13-year low
New build pipeline varies widely across cities
CoStar Analytics
December 11, 2024 | 7:57 AM
RELATED ARTICLES
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
IN THIS ARTICLE
- Properties
- Rylands Building
109 Market St, Manchester, GTM
- 3 Circle Square
Princess St, Manchester, GTM
- No.1 St Michael's
36 Jacksons Row, Manchester, GTM
- The GPA Hub
9A First St, Manchester, GTM
- Temple Quay House
2 The Square, Bristol, BST
- Sunlight House
Little Quay St, Manchester, GTM