High-rise commercial buildings

Sub Markets

Property Sectors

Topics

National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

National  + Office  | 

Office-Using Job Growth Shifts to Southern and Western Metro Areas

U.S. office-using job growth has shifted south and west, Avison Young reported. Austin leads all major metro areas, up approximately 34% in office-using employment since 2019, with Phoenix and Charlotte also ranking among the top-performing markets.

“Office demand is going where growth is,” said Tucker White, U.S. Office Lead, Market Intelligence. “Austin, Phoenix and Charlotte are standout examples of where office-using employment is accelerating at a meaningful pace. These markets are benefiting from strong in-migration, business expansion and cost advantages, which are translating directly into office demand and reshaping the competitive landscape for both occupiers and investors.”

A key driver for Southern metros is business-friendly tax structures, added to expanding labor pools and modern office space that supports evolving workplace and return-to-office strategies. Although Western cities such as San Diego and San Jose may lack the tax advantages, they benefit from strong innovation-driven economies and industry specialization in the tech, defense, and life science sectors.

Read More News Stories About: Avison Young
Connect

Inside The Story

Avison Young's White

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

New call-to-action