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Spotlight: Savills Prime Office Costs – Q2 2023

Quality drives decisions in US office markets and beyond



 

There is no shortage of evidence in the discussion of the flight to prime within the global office markets. Occupiers looking to change their locations are often opting for higher-quality spaces in prime CBD markets. These trends are also prevalent in the United States, though the narrative over the past year has focussed much more on the downsides of occupiers trading up their offices for better, more central, and higher-quality spaces.

Each quarter, the Savills team of expert local tenant representation professionals and researchers present a snapshot of occupancy costs for prime office space across the global markets critical to our clients.

For this issue of Savills Prime Office Cost (SPOC) insights, we spoke with US researchers and tenant agents to understand the key trends from the American office markets and what their locations can expect going forward.


Read the articles within Spotlight: Savills Prime Office Costs – Q2 2023 below.

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