U.S. Office Leasing Volume Lags Historical Norm Despite Recent Recovery
ARLINGTON, Va.–(BUSINESS WIRE)–U.S. office leasing has rebounded substantially over the past year, but demand and supply issues are making it difficult for volume to fully recover to pre-pandemic levels, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. Office tenants signed new leases for an average of 105 million square feet over the past four quarters – an improvement over the prior four-quarter