U.S. Office Market Q1 2025: Leasing Surges, But Vacancy Still Looms
The U.S. office market showed promising signs of recovery during Q1, with increased leasing activity and renewed investor interest signaling a potential turnaround. However, high vacancy rates and economic uncertainties continue to diminish a full rebound. Leasing activity surged, reaching 115 million square feet of office space leased in Q1 2025—the highest quarterly volume since 2019. This […]