office


Manhattan Office Leasing Drives National Market Recovery

Manhattan Office Leasing Drives National Market Recovery

Office leasing in Manhattan has become a key driver of the national office rebound. For the first time since 2019, tenants are taking more space than they are giving back. National net absorption turned positive in the final months of last year. Net absorption measures the difference between move-ins and move-outs. According to a recent […]

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U.S. Commercial Real Estate Prices Rise as Office Sector Stabilizes

Office properties in major markets lead price gains

U.S. commercial real estate prices increased across major property types over the past year. Office properties led the recovery despite ongoing market uncertainty. According to the CoStar Commercial Repeat Sale Indices, value-weighted office prices rose 3.8% in the 12 months ended in December. This followed an 11.4% decline in 2024. Industrial, retail, and multifamily assets […]

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Office Investment Rebounds as Sales Surge Across U.S. Markets

Office Investment Rebounds as Sales Surge Across U.S. Markets

Office workers were not the only ones returning to the workplace last year. At the same time, investors were reentering the office market in growing numbers. As a result, building sales accelerated across the sector. Stable interest rates, improving fundamentals, and clearer pricing expectations supported the rebound. Consequently, office sales volume reached more than $56 […]

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Office Leasing Increases with New York in the Lead

Office leasing rebounded in 2025 with 410M SF signed nationwide, led by New York’s growth, though smaller deals signal an uneven recovery.

Office tenants signed approximately 410 million square feet of space in 2025, marking a meaningful year-over-year increase. Leasing volume rose more than 5% compared to weak activity recorded during 2024. In fact, 2024 produced the lowest office leasing totals in 15 years, excluding 2020. Momentum steadily improved throughout 2025, signaling cautious optimism across office markets. […]

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