Office Landlords Nationwide Increasing Concessions to Lure Tenants in U.S.
U.S. office vacancies will peak at 19.8 percent in late 2024 According to a new report from CBRE, office-building owners across the U.S. are granting more concessions, such as months of free rent and larger tenant-improvement allowances, to entice companies into their buildings amid a challenging office market and slowing economic growth. CBRE’s analysis of…