• A thin U.S. office construction pipeline could narrow tenant options, supporting rent growth where newer-building availability is already low.
• Newer-building asking rents exceeded the market average by 53% in Q3 2026, versus 37% in Q1 2020; that premium could widen.
• Limited deliveries could help existing space lease up in markets with elevated availability, reducing tenant alternatives over time.
• Tenants with leases expiring in 2028-2030 should assess how availability, demand and scheduled deliveries could affect their choices.
• Targeted upgrades could help existing Class A buildings compete where top-tier availability is low, depending on local demand and improvement costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.