The rising cost of capital and uncertain future demand have resulted in a dramatic decline in office construction activity. Furthermore, the composition of the projects that remain in the pipeline appears to be quite different from a few short years ago.
Dwindling Pipeline for New Offices Has a Different Look
Recent Construction Starts Are Concentrated in a Few Markets and Target Specialty Uses
By Phil Mobley
CoStar Analytics
June 17, 2024 | 7:42 P.M.
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