U.S. Office Market Q1 2020: First Signs of Cooling: Challenges Ahead
In this article, we examine the current context of the U.S. office market and highlight the key performance indicators in the first quarter of 2020. The U.S. office market posted a subdued first...
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Work Forward Together: A Practical Back-to-Business Primer
The Work Forward » Together back-to-business primer — designed by a cross-functional committee of Colliers’ key subject matter experts — serves as a practical, succinct checklist of activities and...
View ArticleThe Uncertain Future of Office Space
As we imagine what the office market may look like in a post-COVID-19 landscape, it is tempting to look back at data from how the market reacted after 9/11 and during the Great Recession of 2008–2010....
View ArticleDisruption 2020: Suburban Spotlight
Is now the time for the suburbs to shine? The five Ds: Demographics, Density, Driving, Distributed Workplaces, and Dollars are all driving forces in support. Demographics favor suburban migration due...
View ArticleA Mixed First Quarter for the Leading U.S. Office Markets. Adjustments Ahead.
Our latest research report — The Q1 2020 Top Office Markets Snapshot — presents the key trends and statistics for the top 10 office markets in the U.S. KEY TAKEAWAYS The leading office markets in the...
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Law Firm Services 2020 North America Outlook Report
Our latest report, the 2020 Law Firm Services Spotlight Report, examines real estate trends in the legal industry as law firms strive to achieve space efficiency and control costs, all while attracting...
View ArticleU.S. Office Market Starts to Cool: Pressure Mounting from COVID-19
Colliers’ latest research report — The Q1 2020 Office Market Outlook Report — highlights the office market’s response to the COVID-19 pandemic. The U.S. office market showed its first signs of cooling...
View ArticleYour Market Insights Hub | U.S. Office Q1 2020
Explore the latest key statistics and Colliers’ outlook for the U.S. office market. Click the data you want to review or scroll. For more office insights, read the Q1 2020 U.S. Office Market Outlook...
View ArticleDisruption 2020: Back To Work?
Monday was the first day nonessential office workers could return to work in Boston. There was NO rush back to the office. Mobile tracking data from Advan Research reveals that overall foot traffic...
View ArticleFlexibility: The Key for Understanding the Upcoming Corporate Leases
The current photo of commercial office buildings could be read as an invitation to rethink the operation of this sector of the real estate market. Within this outlook, which appears broad and marked by...
View ArticleThe Manhattan Commuter Hubs Post-COVID-19
On June 8th, New York City began its slow emergence out of the shutdown caused by the COVID-19 pandemic and entered Phase 1 of reopening. An estimated 200,000-400,000 people returned to work in the...
View ArticleWho Comes Back to the Office First?
As the world emerges from quarantine, businesses leaders have been tasked with determining how best to re-enter the office. Recently, we have seen the trend of a more prolonged and cautious approach to...
View ArticleDisruption 2020: Second Quarter Office Update
The second quarter of 2020 is one of the most important, numbers-wise, in recent memory. The COVID-19 pandemic and related shutdowns occurred at the end of the first quarter, meaning that we weren’t...
View ArticleDisruption 2020: Sublease Asking Rents
As noted in our last post, sublease space increased by nearly 900,000 SF in the second quarter. At the peak of cycles, the rent discount for sublease space disappears. In downturns, overall sublease...
View ArticleU.S. Office Market: Absorption Turns Negative for the First Time in 10 Years....
The numbers are in. As anticipated, the U.S. office market saw a downturn in Q2 2020. During the first quarterly period fully impacted by the COVID-19 pandemic, net absorption totaled negative 13.6...
View ArticleOffice Trends to Watch in an Uncertain Market
The 2020 Q2 office market may go down as one of the most challenging in recent history for the Minneapolis-St. Paul area. While the COVID-19 pandemic had begun to shake the market at the end of Q1, the...
View ArticleSpecial Report: Office Space in the Post-COVID Era
Colliers’ latest research report investigates how the recession created by the COVID-19 pandemic is anticipated to impact the U.S. office sector in three key ways: A sharp, but shorter-lived period of...
View ArticleMarket Insights | U.S. Office Q2 2020
Explore the latest key statistics and Colliers’ outlook for the U.S. office market. Click the data you want to review or scroll. For more office insights, read the Q2 2020 U.S. Office Market Outlook...
View ArticleDisruption 2020: Current state of the suburban sublease market
Suburban sublease rents have held up so far, in contrast to the trend in Boston. Total sublease space has held steady over the past year, and the total available is actually lower than it was in the...
View ArticleQ2 2020 Top Office Markets Snapshot Report
Our latest report explores the current state of the top 10 U.S. markets, and how each has been impacted by COVID-19 and the ensuing recession. Asking rents are holding up for the time being, while...
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