31.5% Office Occupancy

Morgan Stanley’s commitment to a Labor Day return to office, leads our team to do a quick deep dive into current occupancy rates for ten top US office markets.

Austin, Dallas, and Houston lead the most recent numbers with 45% average office occupancy. Chicago, Philadelphia, and Washington DC are at 25.5%. Los Angeles, San Francisco, and San Jose are at 20%. New York is 18.2%.

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