Access second quarter 2020 commercial real estate results for the office sector by downloading our report.
Given the severe blow to the labor markets, it is not surprising that the office leasing environment was also impacted this quarter. Net absorption dropped from +5.2 million square feet (msf) in the first quarter to -22.8 msf in the second quarter. This was the largest quarterly decline in net demand for office space since the second quarter of 2009 during the Great Recession.
U.S. Office MarketBeat Reports
Kenneth McCarthy • 7/14/2020
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Author
Featured Insights: Current U.S. MarketBeats
MarketBeat • Office
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 7/14/2020
MarketBeat • Industrial
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 7/9/2020
MarketBeat • Retail
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 7/14/2020
Featured Insights
MarketBeat • Office
Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 7/14/2020
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