Avison Young：2025年第一季度美国办公楼市场概览报告（英文版）

The overall availability rate for U.S. office space sat at 23.3% in the first quarter of the year, comprised of a 20% direct availability rate and 3.3% sublet availability rate. The first quarter was the third consecutive quarterly decline in overall availability—a trend not seen since before the pandemic in Q4 2018. Quarter-over-quarter, direct available space decreased by 1.1 million square feet (msf) and sublet available space decreased by 11 msf, netting a 12.1 msf decrease in total avail