In this article, you'll learn:

• Which types of office buildings are most vulnerable to high vacancy rates.
• Why suburban and southern office markets are experiencing growth.
• The impact of safety and building size on office occupancy.
• How True Tenant Reps™ help companies navigate the changing office market.

The commercial real estate industry is in a recession. Since 2020, office vacancy rates have been steadily increasing, leaving landlords scrambling to keep their properties occupied. But, there’s nothing random about what the hardest hit buildings have in common:
The office buildings with the highest vacancy rates had certain key factors in common:

• Older or outdated buildings
• Downtown or metro locations
• High-crime regions
• Larger footprints

So, as the recession continues and more landlord defaults are expected, it is essential to determine which office buildings are at higher risk of becoming casualties of the office apocalypse.