US office occupancy losses totaled 84 million square feet last year, with more than half of the losses occurring in CBDs.
Tent deferral was the most popular option, followed by rent reduction, rent abatement, early lease termination, applying a security deposit toward rent and downsizing to a smaller space.
The Tampa market has fared well through the pandemic, but at the end of the year, the market saw some softening in office leasing activity.
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