Avison Young's Q3 2025 U.S. office report: Trends and insights

Avison Young's Q3 2025 U.S. office report has just been released. A few takeaways: U.S. office leasing activity is still below pre-COVID norms, but trophy assets are outperforming and gateway markets are heating up. Markets like hashtag #Manhattan, hashtag #SanFrancisco and hashtag #Boston experienced notable growth over the past year, with leasing volumes for trophy assets now exceeding pre-COVID levels by nearly 13%. Availability dropped again in Q3, continuing a five-quarter tightening streak. More than 80% of tracked markets have seen a tightening in supply over the last year. The pace of recovery continues to vary widely by location and quality of assets. Explore the full insights in our Q3 2025 U.S. Office Market Report. https://lnkd.in/e9QWQFyA

The London office market: a review of the third quarter take-up data shows that businesses operating in the artificial intelligence sector are beginning to make their presence felt in the London office market. Looser US monetary policy, following September’s cut in American interest rates, will provide a fillip to the global economy and boost jobs growth which should underpin demand for central London office space. Canary Wharf’s fortunes are beginning to turn as several anchor tenants elect to stay-put. Carter Jonas’ third quarter London office market report provides more information on these and other market trends. #LondonOfficeMarket #rents #property #realestate #artificialintelligence #CanaryWharf

Our latest Quarterly Market Update is now available! Explore the ever-changing dynamics of #CenterCity's office market. From leasing activity to office occupancy, we provide a comprehensive overview of both the economic landscape and the experiences of our downtown workers. 3 key takeaways within CCD boundaries: 📈 84 leases signed through Q3 2025 YTD 🏙️ Q3 2025 office occupancy 77.3% - down 0.1% QoQ 🏢 August 2025 RTO rate: 68% - down 6% MoM & 1% YoY To learn more about these trends, read the full report: https://bit.ly/4gP1ZmL

Office Market Recovery Signals in Texas The Texas office market is showing encouraging signs of recovery. Transaction volumes are rising, new supply remains limited, and demand for high-quality office properties continues to strengthen. Cities such as Dallas–Fort Worth and Houston stand out with healthy leasing activity and resilient market fundamentals. These dynamics point to increasing stability and renewed potential for value creation in the office sector. For investors, this segment presents an opportunity to benefit from long-term growth in a market supported by a diverse economy and population growth. Buligo Capital regards these trends as strategic forces that are continuously shaping the U.S. real estate market. *The information provided above is for general informational purposes only and does not constitute investment advice, investment marketing, a public offering, or a solicitation to purchase securities .

Avison Young's Q3 2025 Manhattan office report has just been released. A few takeaways: #Leasingactivity hit 30.2 million square feet through the first three quarters of 2025, 9.2% higher from a year ago. 40 closed transactions over 100,000sf - highest total since 2018 #Availablespace on the market dropped to 15.8% - the lowest in over four years, down from 18.7%, as both available direct and sublet space declined. Over the past four quarters, trophy leasing volume has surged to 36.0% above the pre-COVID average, highlighting the continued sustained demand for high-quality office space. Full report below:   https://lnkd.in/escTmmSz

Atlanta’s office market is showing signs of steady recovery. Q3 2025 brought renewed momentum driven by strong Class A demand and a jump in leasing activity, even as Class B properties continued to lag. While overall absorption slipped slightly, premium spaces stood out—signaling that tenants are prioritizing quality and location as the market stabilizes. Explore the full report here: https://ow.ly/nP2i50X9Nik

The Greater Cincinnati office market showed signs of stabilization this quarter, with vacancy ticking down slightly to 15.8% and rents continuing to climb, now averaging $20.57/SF. While the market posted -24.1K SF of absorption, increased tenant activity and deal sizes suggest growing confidence and a potential rebound heading into 2026. Conversions continue to help reduce inventory, while the flight-to-quality trend remains strong as tenants prioritize amenity-rich and well-located properties. Check out our Q3 2025 Office Report below.

Colliers has reported a significant shift in Toronto’s office market as the fall 2025 return-to-office wave gains momentum. Major banks and tech firms in Canada are competing to secure premium downtown spaces, which is leading to a decrease in Class A vacancy rates. However, it remains a tenant's market for those who know where to look. https://lnkd.in/g-TPCHnG

✨ Los Angeles Office Market | Q3 2025 Snapshot ✨ The LA office market continued to face headwinds in Q3 2025 as vacancy inched higher and leasing activity slowed amid evolving tenant strategies. 📊 Key Highlights: • Vacancy: Rose to 23.9%, +30 bps QOQ and YOY, as 515 K SF of space returned to the market — pushing YTD absorption to –52.9 K SF. • Leasing Activity: 2.0 MSF transacted (–21.6% QOQ, –29.3% YOY), driven by sublease velocity (+34.3% QOQ) as tenants sought plug-and-play flexibility. • Pricing: Average asking rent declined to $3.58 PSF (–2.2% QOQ), while Class A product proved more resilient amid soft demand. #LosAngeles #CRE #OfficeMarket #CushmanWakefield #MarketInsights #Q32025 Cushman & Wakefield

The U.S. Office Sector: Stabilizing & Primed for Opportunity. A very interesting article. After a challenging few years, recent data are showing that the U.S. office market may be turning a corner. According to a new Cushman & Wakefield report: ✔️ Office attendance has levelled off, remote work is no longer increasing at the same rates, and hybrid work policies are firming up. ✔️ Tenant space shedding has slowed dramatically. Leasing activity is growing—not just in volume, but in size. ✔️ Supply is tightening: sublease space is declining, and new construction remains near historic lows. ✔️ Capital is returning. Debt liquidity is up, sales volume is recovering, and cap rates are becoming more attractive. For those in quality Class A or A+ assets, or well-positioned suburban / walkable urban locations, these are exciting times. The reset in pricing and improved fundamentals suggest it’s an opportune moment to invest. While risks remain (especially in lower quality assets), I believe the best case for the office sector lies ahead. For investors targeting stable yields and long-term value, the fundamentals are aligning. 📈 #RealEstate #OfficeSpace #CommercialRealEstate #InvestmentOpportunities #UrbanWorkplace https://lnkd.in/geyCF-6V