Category: Office Market Report

National Market Report (1)


As the pool of available sublease space expands and demand has started to weaken again, net absorption has fallen back into negative territory. Uncertainty regarding everything from remote work policies to high inflation and an increasingly aggressive Fed suggests that the office market’s recovery is still some distance in the ... Read More
July 27, 2022Lynn Drake
Office Market Report


Although office jobs are overwhelmingly responsible for Detroit’s employment bounce back after the pandemic shutdowns, a return to actual office spaces has not accompanied that trend. The ongoing pandemic and workers’ desire for the flexibility of hybrid and work-from-home arrangements have transformed business as usual, and it’s looking more and ... Read More
July 15, 2022Lynn Drake



Q3 Office Market Report

The third quarter of 2020 has been a difficult time for the office market. The number of vacant offices is expected to increase throughout 2020 and 2021. This is due to the decreasing demand for traditional office space, as well as the high unemployment rate in this sector. After COVID- ... Read More
December 4, 2020Lynn Drake