Office occupancy rates dropped significantly last week, likely due to Thanksgiving.
Kastle Systems' 10-city national average fell to 17.6% — an 8.1% drop from the previous week. Every city measured on the Kastle Back to Work Barometer experienced a decline in occupancy.
Since the pandemic, Kastle Systems has been studying keycard, fob and KastlePresence app access data from the 3,600 buildings and 41,000 businesses in 47 states to identify trends in how Americans are returning to the office.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
