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Professional services firms emerge as driver of office leasing recovery

Artificial intelligence firms also trigger demand in some markets
Professional services firms like OpenAI, which leased the Ellis Campus in Silicon Valley earlier this year, account for a larger share of recent office leasing activity than their long-term average. (CoStar)
Professional services firms like OpenAI, which leased the Ellis Campus in Silicon Valley earlier this year, account for a larger share of recent office leasing activity than their long-term average. (CoStar)
CoStar Analytics
September 2, 2026 | 7:53 P.M.

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Office leasing has bounced back from a decade low over the past year, helped by professional services firms that include many that operate in artificial intelligence.

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