• Office Forecast: Q2 2020

    Aug 14, 2020, 09:31 AM by Alex Krasikov
    In Q2, office vacancy rose by 70 bps, and negative net absorption reached 20 million square feet among CBRE EA’s tracked Sum of Markets.
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  • Remote Working: The Potential Impact on Office Demand

    Jul 30, 2020, 14:12 PM by Alex Krasikov
    Due to the counterbalancing effects of remote working potentially causing a decline in the need for office space and social distancing requirements potentially increasing office space needs, CBRE forecasts only a modest to moderate decline in office demand in the next five years.
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  • U.S. Office Vacancy Index Q2 2020

    Jul 23, 2020, 14:21 PM by Alex Krasikov
    Based on preliminary quarterly results, the vacancy rate for CBRE EA’s Office Sum of Markets increased by 70 basis points (bps) to 13% during the second quarter of 2020, with rate increasing in suburban and downtown submarkets.
    Full story
  • The Changing Expectations for U.S. Office Recovery

    Jun 26, 2020, 10:02 AM by Alex Krasikov
    The U.S. office sector most likely will not be able to go through the current crisis unscarred. However, 9 of 10 respondents to a BLS survey considered themselves on a temporary layoff, suggesting the unemployment rate may not have a permanent effect on the office sector.
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  • Office Forecast: Q1 2020

    May 14, 2020, 10:29 AM by Alex Krasikov
    The ongoing pandemic, which reached the U.S. in January-February, didn’t gather enough strength to derail commercial office activity in the first quarter of 2020. Favorable results were in part due to completions of ongoing deals that weren’t put on hold, quarterly data collection methods used, and reasonably optimistic views on the expected duration and severity of the economic slowdown.
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  • U.S. Office Vacancy Index Q1 2020

    Apr 16, 2020, 10:29 AM by Alex Krasikov
    Based on preliminary quarterly results , the vacancy rate for CBRE EA’s Office Sum of Markets increased by 20 bps to 12.3% during the first quarter of 2020, with suburban and downtown submarket rates increasing.
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