Office Leases
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mgolenzer@viclen.com

In the second quarter, U.S. businesses signed new leases for an estimated 97.5 million square feet, up from 57.4 million square feet in the second quarter of 2020, the low point of the pandemic. But, the average U.S. office lease size was 3,275 square feet, or 19% less than the average lease size between 2015 and 2019.