office
U.S. Office Leasing Surges to 120M SF in Q1 2026
Office leasing activity across the United States showed renewed strength in the first quarter of 2026, signaling continued momentum in the sector’s recovery. Tenants signed new leases totaling approximately 120 million square feet during the quarter. This marks the highest quarterly volume since before the pandemic. In addition, the total reflects a 25% increase compared […]
Read More....NYC Office Conversions Surge as 16K Units Planned in 2026
New York City continues to lead the nation in office-to-residential conversions, as developers accelerate efforts to repurpose underutilized office space. Developers have planned 16,358 apartment units for conversion this year. This total nearly doubles the 8,310 units recorded just 12 months ago. As a result, the trend highlights a rapidly shifting urban real estate landscape. […]
Read More....AI Companies Drive Office Leasing Surge in New York City
Growing artificial intelligence companies are increasing demand for office space in New York City. As a result, the market is experiencing its strongest leasing year in more than a decade. While AI drives digital innovation, these companies still require physical space for employees. Therefore, many firms are securing large office blocks across Manhattan. This trend […]
Read More....New York Office Investment Market Rebounds as Sales Volume Reaches $13.4B
New York’s office investment market continues gaining momentum. Notably, sales activity increased for the second consecutive year. In 2025, office sales totaled $13.4 billion. That figure represents a 34% increase year over year. As a result, total transaction activity reached its highest level since 2019. After several slow years, investors are gradually returning to the […]
Read More....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 […]
Read More....U.S. Commercial Real Estate Prices Rise as Office Sector Stabilizes
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 […]
Read More....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 […]
Read More....Office Leasing Increases with New York in the Lead
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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