2023 Lease Agreement Real Estate Property 
Esquire Property Management Group
FEBRUARY 4, 2025
Leasing rates have been significantly impacted by the significant decrease in office occupancy brought about by the move to hybrid work arrangements. Office occupancy in the United States was at approximately 50% as of May 2023, which is a sharp drop from pre-pandemic levels when office buildings were usually almost full.
Esquire Property Management Group
FEBRUARY 4, 2025
Leasing rates have been significantly impacted by the significant decrease in office occupancy brought about by the move to hybrid work arrangements. Office occupancy in the United States was at approximately 50% as of May 2023, which is a sharp drop from pre-pandemic levels when office buildings were usually almost full.
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