Looking at Boston, you might never guess the U.S. office market is supposed to be in bad shape. In this city, 14.6 million SF of office space is under construction – more than double that of its closest competitor, San Francisco, and adding 5.9% to Boston’s existing office inventory.

Other metros are also seeing significant increases in office space under construction. They include San Francisco (7 million SF), Seattle (5.9 MSF), San Diego (5.1 MSF) and Austin (4.9 MSF). In all, 19 major cities are watching massive new office buildings arise in their midst, according to an analysis by CommercialCafe. Nationally, 97 MSF of office space is currently in various stages of development, the company noted – 28% less than in 2023.

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Philippa Maister



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