Average Daily Visitors Increase
This fall, the average daily visitor count rose to 1,605 (up 28.0% year-over-year) — the highest level since February of 2020.
In-Office Mandates Move the Needle
Buildings with tenants that have in-office mandates* have reached higher RTO levels. On average, since 2022, the daily visitor count is 55.4% higher than those without mandates in place.
Square Footage per Visitor Decreases
As more people come into the office, visitors recorded a 5-day trailing average of 1052-sf per visitor** in 2023 YTD, down 2,478-sf per visitor from 2020.
Daily Average Visitors by Day of the Week
Building visitors are most prominent mid-week with Tuesdays recording the highest average of 2,125 daily visitors in October of 2023.
*Building include Class A CBD assets with 50,000 square feet (sf) + tenants and a 2-5 day RTO policy.
**SF per visitor is calculated by dividing the total visitor count.