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Three Signs 'Flight to Quality' May Not Be the Best Way To Describe the Office Market

An Accurate Description of Office Leasing Trends Requires More Nuance Than a Catchy Phrase

Newly constructed office properties such as the CBIZ building in the Rockside Corridor area outside Cleveland have been more successful at attracting occupancy than some older trophy buildings. (CoStar)
Newly constructed office properties such as the CBIZ building in the Rockside Corridor area outside Cleveland have been more successful at attracting occupancy than some older trophy buildings. (CoStar)

Flight to quality has become a go-to phrase to explain the concentration of demand occurring in the office occupancy market. While the idea has merit on the surface, a deeper examination of office leasing trends shows that it fails to adequately describe the reality of what's transpiring in full.

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