US office rents ascend +3.1% Class A/A+ 2025 to $65/SF high-cost markets NY SF Austin, JLL—+5% leasing volume 115 million SF Q1 2025, highest since 2019.
Vacancy 15.3% prime vs 19.2% non-prime CBRE, new supply 17 million SF lowest decade, conversions accelerating.
Economic dialectics: $4 trillion tokenized by 2035 Deloitte from $300 billion 2024, rates’ veiled veil transmutes vacancy’s specter into prime’s enduring idyll.
This rise’s subtle symphony unveils not rent’s cadence, but market’s durable dance—veiled veils of +3.1% from Class A, where sector’s artistry yields reinvention’s radius in real estate‘s majestic march.
