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many markets experiencing negative net absorption. The sector has been badly affected by the drop in demand as many businesses introduced hybrid work to tackle the spread of the coronavirus pandemic. The net absorption measures the amount of space that became newly occupied minus the space vacated during a specific period. In 2023, the net absorption of offices is set to exceed 23 million feet.
The net absorption of office real estate in the United States is forecast to increase in 2023, after a sluggish year with slightly over two million square feet of space absorbed in 2022 and Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet)
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Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Projected size of completed office space in the U.S. 2015-2016
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- Premium Statistic Office prime rent in Luxembourg City 2024, by district
- Premium Statistic Vacancy rate of office space in different submarkets in Madrid, Spain 2022-2023
- Premium Statistic Prime yield of office real estate in Central London, England 2022-2023, by submarket
- Premium Statistic Vacancy rate of office real estate in different submarkets Barcelona, Spain Q1 2023
- Premium Statistic Take-up of office estate real properties in Ile-de France markets 2020-2023
- Premium Statistic Office rents of grade A property in the Midlands (UK) 2019, by area
- Premium Statistic Office rents of grade A and B property in Wales UK 2019, by area
About the region
10
- Premium Statistic Office space inventory in San Francisco Q1 2023, by submarket
- Premium Statistic Vacancy of office space in San Francisco Q1 2023, by submarket
- Premium Statistic Office space vacancy rates in San Francisco 2022-2023, by submarket
- Basic Statistic Homeowner vacancy rates in the U.S. 1990-2023
- Premium Statistic Vacancy rate of commercial real estate in the U.S. 2020-2024, by property type
- Premium Statistic Asking rent of office space in Inland Empire South, California 2022-2023, by district
- Premium Statistic Inventory of office space in Inland Empire West, California 2023, by district
- Premium Statistic Inventory of office space in Inland Empire East, California 2023, by district
- Premium Statistic Inventory of office space in Inland Empire South, California 2023, by district
- Premium Statistic Vacancy rate of office space in Inland Empire West, California 2022-2023, by district
Selected statistics
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Other regions
9
- Premium Statistic 12-month rolling real estate investment value in Germany 2015-2024, by property type
- Premium Statistic Office prime rent in the city of Antwerp in Belgium 2016-2019
- Premium Statistic Office rents of grade A and Grade B property in London (UK) 2019, by area
- Premium Statistic Office rents of grade A and B property in Ireland 2019, by area
- Premium Statistic Office rents of grade A and B property in Scotland UK 2019, by area
- Premium Statistic Office rents of grade A and B property in Northern Ireland 2019, by area
- Premium Statistic Area of new office space completions in Bengaluru India 2016-2022
- Premium Statistic Take-up of office space in Europe 2016-2023
- Premium Statistic Office real estate take-up in the UK 2023, by market
Related statistics
9
- Premium Statistic Office rents of grade A property in the North of England (UK) 2019, by area
- Premium Statistic Office rents of grade A property in Southern England (UK) 2019, by area
- Premium Statistic Office rents of grade B property in Southern England (UK) 2019, by area
- Premium Statistic Office rent in the Benelux region 2019, by country
- Premium Statistic Office yield in the Benelux region 2019, by country
- Premium Statistic Office real estate take-up in the City of London, England 2014-2023, per quarter
- Premium Statistic Take-up of office real estate in London West End, England 2014-2023, per quarter
- Premium Statistic Office rent per square meter in Belgium 2022, by market
- Premium Statistic Office real estate vacancy rate in different districts in London 2022-2023
Further related statistics
6
- Total assets of China Vanke 2022
- Number of employees at China Vanke 2010-2022
- Number of CBRE Group employees 2009-2023
- Real estate sector: Gross value added (GVA) in the UK 2008-2014
- Structure of investment portfolio of Allianz Group 2014-2023
- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
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- Total assets of China Vanke 2022
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- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
Moody's Analytics. (February 16, 2023). Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/
Moody's Analytics. "Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet)." Chart. February 16, 2023. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/
Moody's Analytics. (2023). Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet). Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/
Moody's Analytics. "Office Real Estate Net Absorption in The United States in 2022, with a Forecast until 2027 (in Million Square Feet)." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/
Moody's Analytics, Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) Statista, https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/ (last visited May 21, 2024)
Office real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) [Graph], Moody's Analytics, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/194062/us-office-net-absorption-forecasts-from-2010/