Office Occupiers Continue to Review Their Space Needs

Colliers reported Q3 vacancy rates rose 30 bps; and 50 bps year-over-year. U.S. office vacancy rose at an increased pace in Q3 2022 and asking rents are mostly holding firm, but generous concessions remain on offer. Meanwhile, sublease space is at record levels,...

In the Office, ‘We’ Space Taking Over ‘Me’ Space

CBRE’s office utilization survey finds increase in collaborative space design. Employees’ workstyles have changed more in the past two years than in the previous 20, according to a new report about office space utilization by CBRE. Momentum was found with...