The dramatic increase in sublease availability over the past three years has been a strong indicator of a fundamental shift in office demand. This persistent signal of excess occupancy has emerged across office markets of different sizes, varying degrees of urban concentration and properties of all quality ratings.
This Could Be a Sign the Office Market Has Reached Peak Sublease Level
Widespread Availability of High-Quality Sublet Space Could Tip Tenant Preference in Its Favor
By Phil Mobley
CoStar Analytics
August 9, 2023 | 9:07 P.M.
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