Vacancy rate of prime and non-prime offices in the U.S. 2024, by age

Published by Statista Research Department, Jun 27, 2024

Prime offices in the U.S. which were delivered before 2020 had a vacancy rate of 13.1 percent. That was more than 11 percent lower than non-prime offices delivered after 2020. Overall, newly built buildings had a higher vacancy rate. That can be explained by the reduced demand for offices since the COVID-19 pandemic.

Vacancy rate of prime and non-prime offices in the United States as of 1st quarter 2024, by age

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Release date

June 2024

Region

United States

Survey time period

Q1 2024

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