Office Occupancy Rates Drop to 81.8%
- Share via
WASHINGTON — Office occupancy rates in the United States and Canada have fallen to 81.8% at mid-year from 83.1% a year ago, a building owners association said today.
The mid-year survey by the Building Owners and Managers Assn. International also showed an increase in suburban occupancy rates, apparently at the expense of downtown office markets.
The association’s North American office market review reported an 0.9% decline in downtown occupancy rates to 84.9%, while suburban occupancy rates gained 0.3% to 79.3%.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
