The U.S. office market is one of the most expensive in the world, and a top destination for national and offshore investors alike. It’s no wonder then that office assets in the States fetch exorbitant prices and investors continue to pump capital into developing bigger and better office buildings.
With the help of Yardi Matrix and PropertyShark data, we looked at how the U.S. office scene evolved over the past decade, and which were the markets that stood out in terms of new office supply. We took into account office spaces within buildings larger than 50,000 square feet–buildings that are primarily used for office purposes (see ‘Methodology’). We ended up with a list of the top 50 metros for new office development. Check out some of our findings below:
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