The supply of new office space varied greatly among selected metropolitan areas in the United States in the second quarter of 2022. New York City was the leading metropolitan area with the most office space under construction at over 22 million square feet. Austin ranked second, and the San Francisco Bay Area was third, both of them had over 11 million square feet under construction. During the same period, the absorption rates for office space in some metropolitan areas were negative.
Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type
(in 1,000 square feet)
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Colliers International. (February 10, 2023). Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type (in 1,000 square feet) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/
Colliers International. "Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type (in 1,000 square feet)." Chart. February 10, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/
Colliers International. (2023). Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type (in 1,000 square feet). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/
Colliers International. "Amount of New Office Space under Construction in Selected Metro Areas in The United States as of June 2022, by Type (in 1,000 Square Feet)." Statista, Statista Inc., 10 Feb 2023, https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/
Colliers International, Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type (in 1,000 square feet) Statista, https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/ (last visited November 21, 2024)
Amount of new office space under construction in selected metro areas in the United States as of June 2022, by type (in 1,000 square feet) [Graph], Colliers International, February 10, 2023. [Online]. Available: https://www.statista.com/statistics/1272282/office-space-under-construction-by-metro-area-usa/
