U.S. office tenants agree: some 1980s offices are out of style

Direct sublet available rate for US offices from 1950s to early 2000s

Like the music from that decade, offices built in the 1980s are facing the greatest imbalance between supply and demand. Properties built in the 1980s have a total availability rate of 24.3%, the highest of any decade. Why? These properties may not compete based on pricing with older properties and modern building features with newer properties. Select properties are candidates for adaptive reuse.

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