data
bites

Where talent meets opportunity: AI jobs and high wages poised to reshape U.S. office markets AI growth is reshaping U.S. office markets as tech talent, high wages, and VC investment fuel expansion...

Corporate expansions drive Charlotte’s biggest leases since 2019 https://www.avisonyoung.us/w/friendly-journal-URL – With only a couple of weeks to go in 2025, Charlotte’s average lease size has...

17.2 million square feet in flux: How conversions will reshape tenant demand in Manhattan https://www.avisonyoung.us/w/friendly-journal-URL Manhattan’s 17.2 msf of potential office conversions, the...

Charleston’s office market: big move-ins outpace move-outs in 2025 Charleston’s office market rebounds in 2025 with 247,000 square feet of positive absorption—a 1,047.5% increase from last...

Executive office space leasing accelerates in Greenville Executive office suites in Greenville are leasing fast. 63% of small-space deals close within six months, driven by startups and agile teams...

Prime urban repositioning: Nashville among the top U.S. markets in office-to-hotel conversions Downtown Nashville’s strong tourism drives hotel demand as older offices convert to lodging, with...

Office conversions: Gauging their role in U.S. market recovery Discover which markets have the most potential for office conversions by total square footage and percent of inventory....

New Jersey office conversions reshape the real estate landscape Since 2018, 146 office conversions in New Jersey have removed 16M sq ft, with Morris, Bergen & Essex leading redevelopment across...

Return-to-office momentum among Atlanta’s Fortune 500 companies outpaces national average https://www.avisonyoung.us/w/friendly-journal-URL –Metro Atlanta is home to several Fortune 500 companies...

Charlotte’s office rent growth: Why are some submarkets much better than others? https://www.avisonyoung.us/w/friendly-journal-URL – The Midtown/South End submarket has led the market in rent...

Submarket comparison: Return-to-office trends across Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL - The West Raleigh submarket leads the region, with office visitation levels...

Office buildings renovated post 2018 in Manhattan see significant rent growth Manhattan office buildings renovated post‑2018 saw base rents surge up to 43%, driven by demand for modernized space...

The priciest office submarkets in the U.S.: What the top 25 reveal From Manhattan's dominance to Miami's meteoric rise, discover how U.S. office submarkets' average asking rents have reshuffled...

Job growth and office leasing trends reveal distinct market nuances across the U.S. Office demand isn’t just about jobs—discover how major U.S. cities diverge in leasing trends, return-to-office...

Central Charlotte submarkets lead 2025 leasing comeback https://www.avisonyoung.us/w/friendly-journal-URL – Despite being only the 5th largest submarket by total square footage, Midtown Southend...

San Francisco’s Artificial Intelligence hotspots have seen the market’s biggest drops in availability over the last two years AI-driven leasing fuels sharp availability drops in SF submarkets, led...

Greenville’s office space is shifting toward tenant control Shell space availability in Greenville-Spartanburg has surged past 10%, reflecting a shift toward tenant customization. Partial...

Investor confidence surges as Charleston office sales reignite Charleston’s office market is rebounding in 2025, with sales volume projected to hit $240M amid rising investor confidence, strong...

Suburban superiority? MSP suburbs’ growth amidst new baseline In this data bite, we took a closer look at MSP’s H1 leasing by urban and suburban submarkets from 2015 to 2025. From 2015 to 2019...

Average lease sizes for Trophy/Class A offices rise amid broader market contraction in Northern Virginia In Northern Virginia, overall space consolidation is still occurring, especially in...

Total office availability throughout Greater Philadelphia has decreased 90 bps since Q2 2024 Greater Philadelphia office space Philadelphia office availability rate Philadelphia leasing volume ...

Back to the office? Chicago’s in-office job growth shows encouraging signs. Chicago sees 13 months of comparative in-office job growth, with postings up 25% YoY - driven by professional services...

Forecasting Charlotte’s office visitation reaching full post-pandemic recovery https://www.avisonyoung.us/w/friendly-journal-URL – As of June 2025, Charlotte’s office visitation level has reached...

Raleigh-Durham rent metrics: growth patterns and asking rates https://www.avisonyoung.us/w/friendly-journal-URL – The I-40/RTP, Southern Wake County West, Falls of Neuse Road, and North Durham...

Greenville office demand: what lease size says about tenant behavior Office footprints are shrinking in Greenville, South Carolina with 90% of leases signed year to date were under 10,000 square...

Charleston sets the bar: lowest office availability in the Southeast The Charleston, SC office market holds the lowest availability in the Southeast at 14.2%....

Denver office market gains altitude with major tenant growth Despite ongoing challenges in Denver’s office market, a strong “flight to quality” trend is fueling major tenant expansions. ONEflight...

Georgia ranks #6 as a top state for federal lease cancellations with 1.5 msf at risk concentrated within metro Atlanta https://www.avisonyoung.us/w/friendly-journal-URL – Across metro Atlanta, more...

Office busyness in MSP: is this new normal here to stay? Office busyness in the U.S. and Minneapolis–St. Paul has steadily risen post-2020, now plateauing near pre-COVID levels—signaling a new...

Class B office activity rebounding in New Jersey Class B Office Recovery Across Major U.S. Markets https://www.avisonyoung.us/w/friendly-journal-URL In the post-pandemic era, tenant demand has...

Miami Beach offices seeing strongest return-to-office activity Miami Beach and North Miami offices return-to-office activity has passed the pre-pandemic levels. There is about 26 additional...

What’s fueling the shift in Raleigh-Durham’s office sublease market post-COVID? https://www.avisonyoung.us/w/friendly-journal-URL – Both Class A and B sublease availability surged between Q1 2021...

Exploring lease rate shifts across Charlotte’s office submarkets https://www.avisonyoung.us/w/friendly-journal-URL – The southeastern area of Charlotte offers the most affordable office asking...

Undesirable assets continue to inflate San Francisco vacancy After exploring office buildings over 50,000 sf and factoring in asset quality as well as the landlord’s financial status and ability to...

MSP office visitation is notably bifurcated by asset class Explore how office visitation trends reveal a strong preference for high-quality spaces, with Trophy/Class A outperforming B/C...

Strong start to 2025 for Manhattan class B leasing activity Manhattan’s Class B office leasing surges in early 2025, signaling strong demand and market momentum...

Demand disparity: Financial services drive tenant requirements in Chicago CBD with tech and consulting to follow Financial services firms lead Chicago CBD office demand with 2.2 million square...

Which U.S. office markets are seeing a class B rebound? The U.S. office leasing market is undergoing a shift, with high-quality spaces still in high demand; however, class B properties are showing...

Tampa sees strongest office leasing activity in first five months of 2025 Florida’s office leasing market is gaining momentum as businesses reinforce return-to-office policies, driving increased...

No case of the Mondays for Nashville’s return-to-office Nashville office visits rise, led by a 24% Monday spike. Employers mandate more in-office days as demand and leasing activity stay strong....

Small space users remain active amidst low MSP leasing activity In this data bite, we took a closer look at the Minneapolis – St. Paul Q1 2025 leasing activity by various lease size buckets in...

Submarket availability has yet to reach equilibrium across the Greater Philadelphia office market Submarket availability has yet to reach equilibrium across the Greater Philadelphia office market...

Fort Lauderdale base vs. NER pricing difference sees significant growth in the past 12 months Fort Lauderdale offices are experiencing a widening gap between base rent and NER, as landlords offer...

Manhattan lease terms surpass pre-pandemic averages Manhattan lease terms now surpass pre-pandemic averages, reflecting a strong market rebound and increased demand...

Miami sees strong mid-week office utilization growth Miami offices have seen an increase in mid-week employees coming into the office. Overall Miami has experienced a strong office visitation...

Selective confidence: U.S. office lending’s uneven rebound Lender confidence returns—but only selectively. As office markets diverge, opportunities emerge in strongholds while others struggle....

Active smaller space users drive DFW’s first quarter office activity Smaller space users are driving the DFW market in terms for volume. In Q1, tenants requiring less than 5,000 sf totaled almost...

Class B/C office properties in Long Island lead the decline in availability rates Class B/C office properties in Long Island are driving a notable drop in availability rates, signaling shifts in...

Fairfield County office properties see continued decreases in availability rate Fairfield County office properties see continued decreases in availability rate...

Shifting tides: How class B and C office availability reflects U.S. market recovery The office market is evolving post-COVID, as occupiers in Atlanta, Manhattan, and Silicon Valley drive recovery,...

DFW’s office vacancy has improved, but it’s a mixed bag with newer assets Vacancy averages 26.0% for the DFW office market overall. While most existing and stabilized properties fall relatively...

Sublease Share of Total Vacant Space is Trending Downward in Boston https://www.avisonyoung.us/w/friendly-journal-URL Sublease availability in the Boston market has fallen sharply, from 10.5 MSF at...

Consulting and accounting boom as tech declines: Greenville job postings show surprising shift since 2021 Despite declines in certain industries over the past year, all sectors have seen increased...

Large Blocks, Fewer Options: Contiguous large-scale office space narrows despite near-record availability in Chicago CBD Despite near-record availability in Chicago CBD, large contiguous office...

MSP office sublease market sees stabilizing availability In this data bite, we took a closer look at the Minneapolis – St. Paul sublease availability and its stabilization that we have observed...

Manhattan trophy and class A properties see significant decreases in availability rate Manhattan trophy and class A properties see significant decreases in availability rate...

Fort Lauderdale’s office market remains tight with half of the submarkets seeing a decline in vacancy Fort Lauderdale's office market is hitting a decline in vacancy. Locations with greater office...

Average office lease size sees significant increase in Tampa Tampa's office leasing has seen a large increase in activity since Q4 2015, mostly driven by trophy and class A office spaces....

North Fulton/Forsyth kicks off 2025 as Atlanta’s hottest office submarket https://www.avisonyoung.us/w/friendly-journal-URL – During the first quarter of 2025, North Fulton/Forsyth captured the...

Miami office utilization levels outpace other primary markets Miami's office market is seeing a strong comeback for employees returning to the office, reaching its highest office utilization of...

Office availability rises as Nashville tenants seek upgrades Nashville’s office market sees rising vacancies in older class A buildings as tenants favor modern, amenity-rich spaces. With a 27%...

6.2% of Manhattan inventory commanded triple-digit base rents in 2024 6.2% of Manhattan inventory commanded triple-digit base rents in 2024 https://www.avisonyoung.us/w/friendly-journal-URL ...

Shifting migrations: northwest movement of office tenants in the CBD Discover why CBD office relocations since 2024 favor riverfront properties near transit hubs. Highlights: Ogilvie, Union...

In-depth analysis of vacancy across Charlotte’s office market https://www.avisonyoung.us/w/friendly-journal-URL – The Midtown and Southpark submarkets are demonstrating strong market performance,...

Long Island job postings for major office-using industries show surprising change since 2022 Long Island job postings for major office-using industries show surprising change since 2022...

U.S. office space in transition: Shifting demand in 2025? Explore what U.S. office trends could lead to a surge in leasing demand in 2025. https://www.avisonyoung.us/w/friendly-journal-URL Three...

MSP’s office market could see 260 bps reduction in vacancy following office to residential conversions identified in St. Paul’s downtown In this data bite, we took a look at the potential market...

Atlanta’s Midtown submarket driving up total office vacancy rates https://www.avisonyoung.us/w/friendly-journal-URL – Office vacancy rates continue to climb in Atlanta and much of the vacancy is...

Mapping the federal footprint: Locating the U.S. government’s leased square footage How much real estate does the U.S. federal government lease outside of Washington, D.C. and where is it located?...

Manhattan’s Park Avenue availability rate hits lowest value since 2018 Manhattan’s Park Avenue availability rate hits lowest value since 2018 https://www.avisonyoung.us/w/friendly-journal-URL The...

DFW office market shows mixed recovery, but urban core nears pre-COVID levels As of December 2024, the U.S. office sector had rebounded to 60.8% of where it stood before COVID and the sector’s...

Chicago office sales catch momentum in 2025 Chicago CBD office sales hit highest quarterly volume since 2023. Driven by private investors, notable real estate sales at discounts hint at market...

New Jersey office leasing activity has increased year-over-year in 2024 New Jersey office leasing activity has increased year-over-year in 2024 https://www.avisonyoung.us/w/friendly-journal-URL ...

Fairfield County average lease size sees year-over-year increase Fairfield County average lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL The average...

Long Island average office lease size sees year-over-year increase Long Island average office lease size sees year-over-year increase https://www.avisonyoung.us/w/friendly-journal-URL The average...