The flight-to-quality trend continues as companies prioritize premium office space, driving lease renewals and slight growth in lease sizes. Tech sector leasing rebounded, but overall activity remains below pre-pandemic levels. A shortage of top-tier space may spur construction in select markets, while mixed-use districts are increasingly preferred. Lower-tier buildings offer record concessions, though rent cuts are limited. Return-to-office mandates may impact future demand, but most companies have settled on their office strategies.

https://www.bizjournals.com/boston/news/2025/02/12/office-leasing-flight-to-quality-construction.html