Phil Mobley

The U.S. trade deficit rose to $77.6 billion in May, up 42.2% from April, its largest deficit since March 2025, when businesses were bulking up imports to get ahead of broad-based tariffs on foreign ...

Office tenants signed new leases for an estimated 115 million square feet during the second quarter of 2026, roughly in line with revised first-quarter numbers but still slightly below the quarterly ...

The Federal Reserve's policymaking Open Market Committee held its first meeting under new Chairman Kevin Warsh last week. While the immediate results of the meeting produced few surprises, the level ...

Office asking rents have risen little since early 2020, while real, effective rents have fallen considerably. But going forward, a lack of new supply is giving support to ever stronger rent growth at ...

Signs of the office recovery are becoming increasingly abundant as demand overcomes stagnant knowledge industry hiring and economic uncertainty.

The commercial office rebound is now nearly a full year old, with leasing activity normalizing and occupancy rising despite stagnation in the knowledge labor market.

Chase Garbarino and his co-founders started HqO in 2018 to try to “create unique customer-centric workplaces” that benefit individual workers, their employers and the owners of the office buildings ...

U.S. office vacancy retreated further in the first quarter to 14%, and CoStar's latest forecast calls for it to hold near this level through 2026 before beginning a slow, sustained decline beginning ...

Commercial real estate forecasting has rarely been more complicated than in the current environment. Macroeconomic uncertainty, geopolitical risk and rapid technological advances are creating a wide ...

The early 2020s were turbulent years for flexible workplaces, just as they were for the broader commercial office industry. Changing office attendance and commuting patterns may have accentuated the ...

Office tenants signed new leases for an estimated 120 million square feet in the first quarter of 2026, the highest quarterly total for the United States since before the pandemic as smaller deals ...

For the first half of the decade, major disruptions and the subsequent reset in demand dominated the office narrative. Now that office attendance and employment are relatively stable, the story is ...

Office building owners are increasingly turning to move-in-ready suites to compete in a transformed leasing market.

Last year finally delivered the turn in demand the office market has been waiting for since early 2020. Occupancy, while still shrinking slightly for the full year, showed solid growth in the second ...

The longstanding relationship between economic expansion and job growth has begun to fray, especially among traditionally office-hungry industries. Should this trend continue, it may well represent ...

U.S. commercial real estate investment sales picked up markedly in 2025, responding to improved borrowing conditions and greater conviction in property fundamentals.

U.S. office vacancy appears to have reached a cyclical peak, topping out at 14.2% in mid‑2025, before edging down slightly by year’s end as the updated CoStar forecast anticipates stable vacancy ...

Workers were not the only ones coming back to offices last year.

Gabe Marans, vice chairman at Savills, leads a global tenant representation team based in New York. He's emerged as a leading voice providing insight on the contemporary office market, leveraging ...

Office tenants signed up for an estimated 410 million square feet of space in 2025, a meaningful increase over the prior year. Still, persistently smaller deal sizes and a wide variation in leasing ...