The recent reset in office demand has rocked U.S. markets from sea to shining sea. At the midpoint of the third quarter of 2023, the national office vacancy rate hit a record high of 13.2%, a full 370 basis points higher than at the end of 2019.
The recent reset in office demand has rocked U.S. markets from sea to shining sea. At the midpoint of the third quarter of 2023, the national office vacancy rate hit a record high of 13.2%, a full 370 basis points higher than at the end of 2019.
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