West Coast Leads US In Q4 Office Vacancies, National Vacancy Rate Is 20.5% (SF 33.1%, Seattle 32.3%, LA CBD 31.7%)

The west may be the best, but not for office space vacancies. National office vacancy rates were 20.5% as of Q4 2025, according to Cushman and Wakefield.

Newsom country (California) leads the nation in terms of office vacancy with San Francisco leading the pack at 33.1, Seattle at 32.3% and LA CBD at 31.7%

Q4 2025 Office Vacancy Rates – Cushman and Wakefield

Atlanta 25%

Austin 29%

Charlotte 24.6%

Chicago 25.6%

Cincinnati 25.4%

Dallas 25.9%

Denver 26.3%

Fairfield County, CT 26.8%

Houston 24.8%

Los Angeles CBD 31.7%

Los Angeles Non CBD 22.2%

Milwaukee 24.7%

Minneapolis/St. Paul 27.9%

New York – Downtown 22.2%

New York – Midtown 20.0%

New York – Midtown South 23.9%

Northern VA 24.0%

Oakland 22%

Oklahoma City 29.6%

Phoenix 26.5%

Portland 24.3%

Raleigh/Durham 22.9%

San Francisco 33.1%

Seattle 32.3%

Suburban MD 23.3%

Washington, DC 22.8%

Westchester County, NY 24.4%

Miami’s QB Carson Beck,