Key findings from the report include:
- Building amenities, along with proximity to public transportation, are front and center as the most desired attributes tenants are seeking in quality office space today
- With those attributes most common among newer buildings, those developed since 2015 were the only segment of the market to record positive absorption in 2022
- The market has become increasingly bifurcated as the best quality buildings benefit from significantly lower vacancy rates and increasing rental premiums to the overall market
- Flight to quality is here to stay as hybrid work drives employers to create a more inviting, fulfilling working culture that supports the development and retention of talent.
