Login

Downtown Office Nodes Bear Brunt of Pullback in Demand

Central Business Districts With Little Economic Diversity Appear Most Vulnerable to Recent Changes

Large, monolithic office markets with an over-reliance on a single industry sector, such as downtown San Francisco's dependence on tech demand, are struggling to recover post-2020. (Rob LeRoy/CoStar)<br>
Large, monolithic office markets with an over-reliance on a single industry sector, such as downtown San Francisco's dependence on tech demand, are struggling to recover post-2020. (Rob LeRoy/CoStar)

As one might expect given the high concentration of office space in Central Business Districts or CBDs, these locations have suffered the most in terms of the economic fallout since the COVID pandemic struck the U.S. in 2020, and the effects are still lingering today among a majority of the nation's office markets.

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