U.S. legislation agency leasing exercise hit a document stage in 2023, up by greater than 50% compared with the pandemic-affected 2020 and 2021, and the variety of new leases far exceeds renewals, international actual property providers agency Cushman & Wakefield finds in its newest U.S. Legal Sector Leasing Report.
New York and Chicago have been the most well liked markets for leases signed in 2023, and when contemplating different main markets, the most important declines in leasing exercise have been in Houston and Dallas.