The latest CommercialEdge (a Yardi company) National Office Report reveals unprecedented office vacancy rates across major U.S. markets, with some cities experiencing levels above 20% for the first time in recent history. Traditional office spaces continue to face challenges from hybrid work arrangements and economic uncertainties, while Class A buildings with premium amenities show stronger resilience in maintaining occupancy. The report highlights a growing disparity between older office stock and modern, amenity-rich buildings, with the latter commanding premium rates despite the overall market downturn.