Core Insights - U.S. office leasing reached a post-pandemic high in Q4 2025, driven by return-to-office trends and significant long-term commitments from companies [1] Group 1: Office Leasing Trends - 97% of Fortune 100 employees are now required to work in a hybrid or full-time in-office capacity, resulting in an average attendance of four days per week and a 15% year-over-year increase in large-scale transactions [2] - Annual leasing volume increased by 5.2% year over year, totaling 207 million square feet, with Q4 transactions reaching 55.1 million square feet, marking a post-pandemic peak [4] Group 2: Market Dynamics - Federal government attendance policies have aligned more closely with private sector practices, enhancing daily office foot traffic in major federal enclaves [3] - The supply of office space is at record lows, with inventory under construction down 20% below historic lows, and total vacancies at 22.2% at year-end [4] Group 3: Market Performance - Gateway markets outperformed secondary markets, with a 15% year-over-year growth compared to 3.5% for secondary and 3.3% for tertiary markets [5] - Major cities like New York and the San Francisco peninsula saw inventory increases of 2.6%, while Silicon Valley and Phoenix experienced growth of 1.3% and 1%, respectively [5] Group 4: Future Outlook - The steady recovery in demand over the past three years, coupled with a slowdown in new supply, is pushing more markets into "expansionary conditions" [7] - New York is benefiting from ongoing expansion in finance and professional services, while AI-focused firms are contributing to growth in the Bay Area [7]

“The full effect is just appearing as office leases signed before the pandemic expire.” On “The Intelligence” @VinjeruM takes stock of America’s work-from-home capitals https://t.co/olHSN6FwAr https://t.co/1krr1X9ptA ...

Manhattan office leasing increased more than 20% in August compared with July and was well above the 10-year monthly average according to a new report from Collers. If demand continues at the same pace for the rest of this year, Manhattan's yearly volume would top 40 million square feet for the first time since 2019. Okay, so what's driving it.Well, tech. Amazon alone has leased, subleasased, or entered agreements with co-working spaces for over a million square feet since November of last year. and also th ...

Welcome back. A new report showing Manhattan office leasing is on track to hit some new highs. Our CNBC real estate correspondent Diana Olaf looks at some of those numbers in today's property play.Morning, Diana. Good morning, Carl. Yeah, Manhattan office leasing increased more than 20% in August compared with July and was well above the 10-year monthly average according to a new report from Collers.If demand continues at the same pace for the rest of this year, Manhattan's yearly volume would top 40 millio ...