After years of uncertainty driven by the COVID-19 pandemic and the rise of remote work, the U.S. office leasing market is showing signs of a turnaround. With companies adapting to hybrid work models and refocusing on collaborative spaces, demand for flexible office arrangements has grown. Additionally, economic recovery, innovation hubs, and shifting workforce dynamics are contributing to renewed interest in prime office real estate. While challenges remain, such as the repurposing of underutilized spaces, 2024 marks a potential rebound as businesses seek to redefine the modern workplace.

According to an article published in the St. Louis Business Journal, "industries like tech, retail, media and entertainment — which had all been largely absent from the office market in the pandemic's aftermath — are back in a big way", says Paul Myers, Vice Chairman at CBRE.  To read the full article, click here.