As we look at the data from early 2026, a clear paradox has emerged: Office utilization is surging, yet global occupancy is technically over capacity. In plain English, this means that while people are finally using the office again, companies have shrunk their real estate so much that the math no longer adds up on…
The headlines of the last few years have vacillated between “the office is dead” and “the Great Return.” However, for corporate tenants managing large-scale, complex portfolios, the reality is far more nuanced. As we move into 2026, the data reveals a landscape defined not by a universal recovery, but by regional divergence and the solidification…
The San Francisco office market is entering a materially different phase than it occupied just 12 to 18 months ago. Is this the comeback no one expected? Because while overall vacancy remains elevated, multiple leading indicators—including leasing activity, tenant requirements, net absorption, and capital reengagement—now point toward stabilization and early recovery, particularly at the high…
A $3 billion skyscraper amid 20% vacancy: JPMorgan’s new HQ shows how the office market is splitting between performance and survival.
The office sector in 2025 continues to face a record-high office vacancy rate. Once-bustling office towers in central business districts from San Francisco to Dallas–Fort Worth now carry vast amounts of empty space, a stark contrast to pre-pandemic levels when demand for office space seemed insatiable. Today, still, many office buildings sit partially dark, while…
