The condition of a substantial portion of office inventory in the United States was expected to be substandard by the year 2030. The proportion of office real estate that was anticipated to be in poor condition was 25 percent, while 21 percent would need upgrading or repurposing. Additionally, a considerable portion of inventory was forecast to be in need of upgrading or repurposing. Meanwhile, close to 40 percent of the office inventory was projected to be in top tier or satisfactory condition.
Distribution of the estimated office real estate inventory in the United States in 2030, by condition
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Cushman & Wakefield. (April 20, 2023). Distribution of the estimated office real estate inventory in the United States in 2030, by condition [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/
Cushman & Wakefield. "Distribution of the estimated office real estate inventory in the United States in 2030, by condition." Chart. April 20, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/
Cushman & Wakefield. (2023). Distribution of the estimated office real estate inventory in the United States in 2030, by condition. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/
Cushman & Wakefield. "Distribution of The Estimated Office Real Estate Inventory in The United States in 2030, by Condition." Statista, Statista Inc., 20 Apr 2023, https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/
Cushman & Wakefield, Distribution of the estimated office real estate inventory in the United States in 2030, by condition Statista, https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/ (last visited December 23, 2024)
Distribution of the estimated office real estate inventory in the United States in 2030, by condition [Graph], Cushman & Wakefield, April 20, 2023. [Online]. Available: https://www.statista.com/statistics/1422457/office-inventory-by-tier-usa/