Nationwide, offices in the 10 largest U.S. cities with buildings tracked by Kastle Systems are hovering around 40% occupancy.
Author Marie Edinger
Colliers India predicts that leasing activity from startups will reach 78 million square feet by 2024, accounting for 13% of all office space.
In the last year, Deloitte has retracted nearly 250,000 square feet of office space from its investments in London.
The study found that a hybrid work schedule, with time divided up between days at home and at the office, is the best work model.
According to Colliers Asia, Hong Kong is witnessing an increase in mergers and acquisitions in the coworking sector as restrictions ease.
EmpireDAO recently signed a new lease in Manhattan for a 36,000 square-foot coworking office where the world of crypto can reach new heights.
In cities like Seattle, tech companies account for 34% of all office space when you take into account new leases, renewals, and expansions.
Studio Perspektiv and DF Creative Group converted a 1940s Slovakian heating plant into a new, modern coworking space in Bratislava.
In major cities across the United States, office occupancy is still below 40% despite the increasing number of employees coming back to work in person.