{"id":27959,"date":"2022-08-17T15:11:45","date_gmt":"2022-08-17T22:11:45","guid":{"rendered":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/"},"modified":"2025-05-28T08:42:25","modified_gmt":"2025-05-28T15:42:25","slug":"national-office-market-report-fall-2022-the-third-year-of-much-the-same","status":"publish","type":"post","link":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/","title":{"rendered":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same"},"content":{"rendered":"<p>Who would\u2019ve thought that two and a half years after March 2020 that COVID-19 would still be challenging how and where Corporate America gets its work done? In many major cities across the United States, employers are still grappling with what <a href=\"https:\/\/hughesmarino.com\/san-diego\/blog\/2022\/04\/27\/a-commercial-real-estate-ceos-take-on-return-to-work\/\" target=\"_blank\" rel=\"noopener\">remote working<\/a> and <a href=\"https:\/\/hughesmarino.com\/san-diego\/blog\/2022\/07\/19\/the-in-office-policy-hybrid-versus-remote\/\" target=\"_blank\" rel=\"noopener\">hybrid mean to them<\/a>, and many companies continue to put excess office space up for sublease that just isn\u2019t needed to support their office workforce. The reality is that no better statistic measures how Corporate America is responding to remote working than sublease availability data.<\/p>\n<h4>Sublease Availability Increases Across All Major Markets<\/h4>\n<p>As compared to January of 2022, every major US office market today has more sublease space on the market than at the beginning of the year. Reflecting on 2021, every US market ended that year with more sublease space than in 2020 except Austin and San Diego, which were the only two major US markets that showed improvement in 2021 over 2020. But even that story has reversed as employers have determined that people aren\u2019t returning to the office quite as much as they hoped, and unfortunately, office space for sublease has surged back to 2020 levels even in those markets. Consider that all of this has occurred during a time when some subleases revert to landlords each year through natural lease expirations, and other subleases come off the market every month due to subleasing success\u2014yet the top line total inventories are still going up.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-27960 size-full\" title=\"Total Available Office Sublease Space by Metro Area\" src=\"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Office-Sublease-Space-by-Metro-Area.jpg\" alt=\"Total Available Office Sublease Space by Metro Area\" width=\"765\" height=\"420\" srcset=\"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Office-Sublease-Space-by-Metro-Area.jpg 765w, https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Office-Sublease-Space-by-Metro-Area-300x165.jpg 300w\" sizes=\"(max-width: 765px) 100vw, 765px\" \/><\/p>\n<h4>Tenants Now Compete with Landlords to Unload Space<\/h4>\n<p>This ballooning of sublease space is a challenge for building owners as tenants have become landlords\u2019 toughest competition. In this unregulated industry, landlords work together cooperatively\u2014backstopped with helpful flows of information from the brokerage community\u2014to price support the market, and no one wants to undercut prices and lead the market down. An accumulation of sublease space in the market causes landlords and their brokers to lose pricing power and control. In some major markets like New York, Phoenix and San Jose, the sublease inventory makes up 19-22% of the total amount of office space available. For example, in San Francisco, a total of 26% of the available office space is comprised of subleases. In other major markets such as Austin, Chicago, Dallas, Denver, San Francisco and Washington DC, when you add the amount of sublease space available for lease directly from landlords, you get shockingly high availability rates at 19% or above\u201423% in Houston.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27961\" title=\"Total Available Space for Lease Vs Sublease\" src=\"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Space-for-Lease-Vs-Sublease.jpg\" alt=\"Total Available Space for Lease Vs Sublease\" width=\"765\" height=\"420\" srcset=\"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Space-for-Lease-Vs-Sublease.jpg 765w, https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/Total-Available-Space-for-Lease-Vs-Sublease-300x165.jpg 300w\" sizes=\"(max-width: 765px) 100vw, 765px\" \/><\/p>\n<p>While we are expecting Corporate America to create an equilibrium between remote working and their office footprint needs by the end of 2023\u2014more than a year away\u2014there is likely to be more unloading of office space for sublease between now and then. Sublease inventory conditions could become even worse if the US enters major recession territory, in which historically more office space becomes available for sublease as layoffs and cost reductions occur.<\/p>\n<h4>Opportunities for Tenants<\/h4>\n<p>What this means for tenants with leases expiring in the next two to three years is that you\u2019re likely to see below-market opportunities to sublease space at significant discounts to what landlords are attempting to charge. Further, these subleases are generally shorter in length than what landlords demand, and are available move-in ready as most subleases can be negotiated as \u201cplug and play\u201d with all of the furniture and technology infrastructure intact.<\/p>\n<p>While the big full-service brokerage firms that represent primarily landlords and sometimes tenants try to support the glass floor on pricing, <a href=\"https:\/\/hughesmarino.com\/san-diego\/about-us\/\" target=\"_blank\" rel=\"noopener\">Hughes Marino<\/a> is uniquely positioned to leverage tenants into the market with full transparency to understand their breadth of choices, and to test the market for price discovery. It takes a <a href=\"https:\/\/hughesmarino.com\/san-diego\/services\/national-representation\/\" target=\"_blank\" rel=\"noopener\">tenant-side position<\/a> to make market conditions work best for the tenants\u2019 benefit, as brokers at the full-service landlord firms hear the constant drumbeat of an alternative reality that the office market is active and improving\u2014when in fact it\u2019s not.\u00a0While there are pockets of tightness and outliers in certain submarkets around the country, the good news for tenants generally is that the market is still serving up abundant choices, and the market will be favorable for tenants for many years to come.<\/p>\n<p><i>Market statistics provided by CoStar Group.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who would\u2019ve thought that two and a half years after March 2020 that COVID-19 would still be challenging how and where Corporate America gets its work done? In many major cities across the United States, employers are still grappling with what remote working and hybrid mean to them, and many companies continue to put excess office space up for sublease that just isn\u2019t needed to support their office workforce. The reality is that no better statistic measures how Corporate America is responding to remote working than sublease availability data.<\/p>\n","protected":false},"author":94,"featured_media":27962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[972],"tags":[],"publication":[],"video_type":[],"coauthors":[1159],"class_list":["post-27959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-reports"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle<\/title>\n<meta name=\"description\" content=\"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle\" \/>\n<meta property=\"og:description\" content=\"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/\" \/>\n<meta property=\"og:site_name\" content=\"Hughes Marino Seattle\" \/>\n<meta property=\"article:author\" content=\"admin\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-17T22:11:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T15:42:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"744\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hughes Marino\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hughes Marino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/\"},\"author\":{\"name\":\"Hughes Marino\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#\\\/schema\\\/person\\\/de08f10083f044d8550a38cbc360adef\"},\"headline\":\"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same\",\"datePublished\":\"2022-08-17T22:11:45+00:00\",\"dateModified\":\"2025-05-28T15:42:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/\"},\"wordCount\":703,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/National-Office-Report-Fall-2022.jpg\",\"articleSection\":[\"Market Reports\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/\",\"name\":\"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/National-Office-Report-Fall-2022.jpg\",\"datePublished\":\"2022-08-17T22:11:45+00:00\",\"dateModified\":\"2025-05-28T15:42:25+00:00\",\"description\":\"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#primaryimage\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/National-Office-Report-Fall-2022.jpg\",\"contentUrl\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/National-Office-Report-Fall-2022.jpg\",\"width\":744,\"height\":400,\"caption\":\"National Office Report Fall 2022\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/2022\\\/08\\\/17\\\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#website\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/\",\"name\":\"Hughes Marino Seattle\",\"description\":\"Hughes Marino is an award-winning commercial real estate firm exclusively representing tenants and buyers, never landlords, with zero conflict of interest.\",\"publisher\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#organization\",\"name\":\"Hughes Marino Seattle\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/HM-Logo-Inline-Black.png\",\"contentUrl\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/HM-Logo-Inline-Black.png\",\"width\":2369,\"height\":167,\"caption\":\"Hughes Marino Seattle\"},\"image\":{\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/#\\\/schema\\\/person\\\/de08f10083f044d8550a38cbc360adef\",\"name\":\"Hughes Marino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg8931a6081e472dde52687ca6c9cd2cdc\",\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/wp-content\\\/uploads\\\/sites\\\/13\\\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg\",\"caption\":\"Hughes Marino\"},\"sameAs\":[\"http:\\\/\\\/admin\",\"admin\"],\"url\":\"https:\\\/\\\/hughesmarino.com\\\/seattle\\\/blog\\\/author\\\/hughes-marino\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle","description":"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/","og_locale":"en_US","og_type":"article","og_title":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle","og_description":"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.","og_url":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/","og_site_name":"Hughes Marino Seattle","article_author":"admin","article_published_time":"2022-08-17T22:11:45+00:00","article_modified_time":"2025-05-28T15:42:25+00:00","og_image":[{"width":744,"height":400,"url":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg","type":"image\/jpeg"}],"author":"Hughes Marino","twitter_misc":{"Written by":"Hughes Marino","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#article","isPartOf":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/"},"author":{"name":"Hughes Marino","@id":"https:\/\/hughesmarino.com\/seattle\/#\/schema\/person\/de08f10083f044d8550a38cbc360adef"},"headline":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same","datePublished":"2022-08-17T22:11:45+00:00","dateModified":"2025-05-28T15:42:25+00:00","mainEntityOfPage":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/"},"wordCount":703,"commentCount":0,"publisher":{"@id":"https:\/\/hughesmarino.com\/seattle\/#organization"},"image":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#primaryimage"},"thumbnailUrl":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg","articleSection":["Market Reports"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/","url":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/","name":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same - Hughes Marino Seattle","isPartOf":{"@id":"https:\/\/hughesmarino.com\/seattle\/#website"},"primaryImageOfPage":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#primaryimage"},"image":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#primaryimage"},"thumbnailUrl":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg","datePublished":"2022-08-17T22:11:45+00:00","dateModified":"2025-05-28T15:42:25+00:00","description":"The Hughes Marino team takes a look at the first three quarters of 2022 through the lens of tenants in major markets all across the country.","breadcrumb":{"@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#primaryimage","url":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg","contentUrl":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/National-Office-Report-Fall-2022.jpg","width":744,"height":400,"caption":"National Office Report Fall 2022"},{"@type":"BreadcrumbList","@id":"https:\/\/hughesmarino.com\/seattle\/blog\/2022\/08\/17\/national-office-market-report-fall-2022-the-third-year-of-much-the-same\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/hughesmarino.com\/seattle\/"},{"@type":"ListItem","position":2,"name":"National Office Market Report\u2014 Fall 2022: The Third Year of Much the Same"}]},{"@type":"WebSite","@id":"https:\/\/hughesmarino.com\/seattle\/#website","url":"https:\/\/hughesmarino.com\/seattle\/","name":"Hughes Marino Seattle","description":"Hughes Marino is an award-winning commercial real estate firm exclusively representing tenants and buyers, never landlords, with zero conflict of interest.","publisher":{"@id":"https:\/\/hughesmarino.com\/seattle\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hughesmarino.com\/seattle\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/hughesmarino.com\/seattle\/#organization","name":"Hughes Marino Seattle","url":"https:\/\/hughesmarino.com\/seattle\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hughesmarino.com\/seattle\/#\/schema\/logo\/image\/","url":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/HM-Logo-Inline-Black.png","contentUrl":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/HM-Logo-Inline-Black.png","width":2369,"height":167,"caption":"Hughes Marino Seattle"},"image":{"@id":"https:\/\/hughesmarino.com\/seattle\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/hughesmarino.com\/seattle\/#\/schema\/person\/de08f10083f044d8550a38cbc360adef","name":"Hughes Marino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg8931a6081e472dde52687ca6c9cd2cdc","url":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg","contentUrl":"https:\/\/hughesmarino.com\/seattle\/wp-content\/uploads\/sites\/13\/hughes-marino-seattle-office-snapshots-conference-room-art-seattle-office-96x96.jpg","caption":"Hughes Marino"},"sameAs":["http:\/\/admin","admin"],"url":"https:\/\/hughesmarino.com\/seattle\/blog\/author\/hughes-marino\/"}]}},"_links":{"self":[{"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/posts\/27959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/users\/94"}],"replies":[{"embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/comments?post=27959"}],"version-history":[{"count":0,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/posts\/27959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/media\/27962"}],"wp:attachment":[{"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/media?parent=27959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/categories?post=27959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/tags?post=27959"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/publication?post=27959"},{"taxonomy":"video_type","embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/video_type?post=27959"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/hughesmarino.com\/seattle\/wp-json\/wp\/v2\/coauthors?post=27959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}