Moody’s Analytics Shows A Spike In Office Usage, But Vacancies Are Still Climbing
Allwork
MAY 16, 2022
Despite office usage seeing a decent rebound, the analysis notes that vacancies in major cities like New York City and San Francisco are still climbing up. . This year, leases representing 243 million square feet will expire according to JLL, which is the largest level seen since the company started tracking lease expirations in 2015. .
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