Tech industry drives office demand growth in 2025, with Seattle and San Francisco seeing 46-50% increase.
In New York, office demand in the tech sector experienced a significant surge in 2025 after years of being subdued by the high prevalence of remote work during the COVID-19 pandemic. According to the recent VTS Office Demand Index (VODI) report, this resurgence in office demand was a key contributor to national growth. Seattle and San Francisco, both tech-centric markets, witnessed remarkable increases in office demand. Year-over-year, these markets saw a surge of approximately 50%, with Seattle up by 46% and San Francisco by 45%.
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