What’s Going On With Office Vacancies?
Allwork
AUGUST 1, 2023
As of the first quarter of 2023, the U.S. As of the first quarter of 2023, the U.S. Office vacancies in America have been on the rise, reaching an all-time high due to factors such as remote work arrangements and the shift toward hybrid work models. office market’s vacancy rate reached 17.8% — the highest in 30 years.
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