Throughout the post-pandemic era, the resilience of new office construction has been one of the very few bright spots in the commercial office market. Now, with development at a historical low and the amount of first-generation supply dwindling, many occupiers are taking a pass on even the newest buildings.
As office construction levels wane, some of the right buildings are in the wrong location
Demand for space in new office buildings slows as availability in desired places recedes
By Phil Mobley
CoStar Analytics
September 9, 2024 | 8:03 P.M.
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