Office markets with biggest gains in sublease space, ranked - Jacksonville Business Journal

The U.S. office market has shifted dramatically since the Covid-19 pandemic, including a surge in sublease inventory as companies dial back on their space needs or close down entire offices.found which markets, among 39, have seen the biggest gains in office sublease inventory since the Covid-19 pandemic.

"There's been a rapid increase, and a large amount combining with increased direct availability as well to really depress the market," he continued What's hard to predict is whether the sublease market will continue to grow, flatten or even decline in the coming quarters. In fact, many are Midwest or Sun Belt cities that had a relatively small amount of sublease space before the pandemic, making the increase in the past three years more notable. Nearly all of the 30 markets included inAmong the 39 markets analyzed, New York has the most sublease space on the market, or 29.2 million square feet as of Q3 2022. That's a 67% increase since Q3 2019.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Southside Jacksonville Wawa receives construction permits - Jacksonville Business JournalSouthside Wawa receives permits as chain hits double digit locations
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »

Local couple bets on St. Augustine tourism with purchase of inn - Jacksonville Business JournalMagan and Israel Hernandez revitalize inn on Mulvey Street, add contactless check-in.
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »

Jay Industrial opens new division in Florida - Jacksonville Business JournalThe new division is the company's second field service division, and it boosts customer service along the East Coast.
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »

Upstart JAXUSL soccer group looking at a half dozen sites for $60M stadium - Jacksonville Business JournalThe fledging organization is already taking steps to build its fan base, including watch parties during the World Cup.
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »

Crane Watch: Mayo Clinic building foundation leads week's permits - Jacksonville Business JournalRemoving 451 condominium, duplex, mobile home, single-family home and townhouse permits, the week had 94 permits for $83,723,280 million worth of work.
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »

Josephine Italian-American restaurant to open in Avondale - Jacksonville Business JournalAfter working at some of Jacksonville's top restaurants, this is owner Joshua Floyd's first full-service restaurant venture.
Fuente: JaxBizJournal - 🏆 599. / 51 Leer más »