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CBRE: US office vacancy to fall to 18% as tech drives leasing

CBRE: US office vacancy to fall to 18% as tech drives leasing

In its Aug 4, 2026 midyear outlook, CBRE projects the US office vacancy rate will decline to 18% by year-end, 10 bps better than its prior forecast. Technology firms drove 21% of first-half 2026 leasing, and 64% of tech companies surveyed plan to expand their office footprint this year.

Why this matters for founders

The tenant-favorable window for office space is narrowing—founders planning to sign or expand a lease should move sooner and lock terms as availability tightens and rents firm up.

Source: CBRE

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