In Texas, El Paso was the market with the lowest vacancy rate of office space in 2023. As of the first quarter of the year, roughly 10 percent of El Paso office space was vacant compared to about 23 percent in Houston. Dallas, which was the largest office market in Texas, had the second highest vacancy rate. Since the coronavirus pandemic outbreak, the U.S. office sector has suffered an increase in office vacancies.
Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket
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Cushman & Wakefield. (April 11, 2023). Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/
Cushman & Wakefield. "Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket." Chart. April 11, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/
Cushman & Wakefield. (2023). Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/
Cushman & Wakefield. "Vacancy Rate of Office Space in Texas, United States from 2021 to 2023, by Submarket." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/
Cushman & Wakefield, Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket Statista, https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/ (last visited November 21, 2024)
Vacancy rate of office space in Texas, United States from 2021 to 2023, by submarket [Graph], Cushman & Wakefield, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/1305474/office-space-vacancy-rate-texas-by-submarket/