Discover in details the office market in Miami, New York, Los Angeles, Houston, San Francisco, Chicago and Washington DC.

United States: New York/ Manhattan office market - H1 2026

Strong leasing activity is reducing vacancies across Manhattan. Class A remains the most popular, but Class B take-up has strengthened as tenants seeking larger footprints have more options in this space.

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United States: Miami office market - H1 2026

The Miami office market remained healthy during the first half of 2026, although the gap between top-tier and commodity office space continued to shape market performance.

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United States: Washington DC office market - H1 2026

The District of Columbia is usually immune to employment declines, but the cuts to federal workers in 2025 have taken a significant toll on the city. 

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United States: Houston office market - H1 2026

Direct vacancy ticked up 30 basis points year-over-year to 21.4%. Pipeline nears 100% pre-leased with escalating demand for prime space.
 

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United States: San Francisco office market - H1 2026

Office demand has grown for four straight quarters, a trend not seen since 2018. This growth is mainly driven by AI companies leasing mid-sized office spaces.
 

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United States: Los Angeles office market - H1 2026

The Los Angeles office market continues to face headwinds as occupiers prioritize efficiency over expansion, resulting in ongoing space givebacks and muted demand.

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United States: Chicago office market - H1 2026

Though the Chicago office market remains in recovery, a growing mismatch has emerged between supply and demand for large blocks of high-quality space.
 

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United States: Dallas office market - H1 2026

Flight to quality continues to shape office market performance as tenants prefer modern, well-located buildings, putting downward pressure on standard office spaces.

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