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Office Properties Perform Better in an Ecosystem

Demand More Resilient in Areas With Diverse Mix of Commercial Buildings
Office vacancy has edged lower since mid-2021 in Chicago's Fulton Market, home to a broad range of commercial properties. (Robert Gigliotti/CoStar)
Office vacancy has edged lower since mid-2021 in Chicago's Fulton Market, home to a broad range of commercial properties. (Robert Gigliotti/CoStar)
CoStar Analytics
September 18, 2023 | 6:21 P.M.

Lower-than-expected demand in the office-dominated urban cores of major markets has been a consistent theme in the past three years. The very fact that office buildings dominate the landscape in central business districts may be contributing to the problem.

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News | Office Properties Perform Better in an Ecosystem