Absolutely incredible statistic 🤯
West Palm Beach 🏖️ is doing more office construction than either Houston, Austin, or the entire state of New Jersey.
As well as 60% (1.6M vs 2.7M) of all of Manhattan.
But with a population only 127,000.
Populations of regions on chart, can you spot the odd one out? 🤔
Population:
Boston - 673,458
Manhattan - 1,660,664
Dallas - 1,326,087
Los Angeles - 3,878,704
🏖️ West Palm Beach - 127,744
Austin - 993,588
San Diego - 1,404,452
New Jersey (state) - 9,548,215
Houston - 2,390,125
US Office Space Under Construction
At the start of 2026, an estimated 28.9 million square feet of office space was under construction across the U.S.
Boston is the leader, however at 4.1 million square feet, it’s now less than one-quarter of its peak in 2024.
--commercialcafe
#commercialrealestate