Before 2020, going to Portland City Grill on the 30th Floor of Big Pink, with great views, was part of a fun night out and you could walk back to your hotel. Sad, that's something I'd avoid doing now. Same with San Francisco and Seattle.
AI: "Here are the current Class A office space vacancy rates in the ten largest U.S. cities as of 2025:
• San Francisco: Around 28.6% to 29.3%, with some submarkets exceeding 30% vacancy. It remains the city with the highest vacancy rate nationally, especially in prime Class A spaces .
• Austin: Approximately 27.2% to 28.5%, driven by supply exceeding demand as the tech hub experiences an office glut .
• Seattle: Vacancy just above 27.5%, reflecting one of the steepest increases among major markets .
• Denver: Around 25.2%, consistently showing oversupply compared to absorption .
• Bay Area (excluding San Francisco): Between 25.5% and 26.4% .
• Portland: Between 21.2% and 21.8% vacancy .
• Downtown Los Angeles: Exceeding 30% vacancy, one of the most distressed submarkets .
• New York City (Manhattan and Midtown areas): Class A vacancy roughly around 16% to 23% depending on submarket, with Midtown Manhattan showing positive absorption in Class A space .
• Chicago: Vacancy rates above the national average of about 18.6%, though specific Class A rates range likely in the low to mid-20% .
• Dallas/Fort Worth: Also with vacancy rates high but less than San Francisco or Austin, likely in the 20+% range ."
