Thriving in 2025: Proven Strategies for Office Property Owners to Fill Vacant Spaces

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As we move through 2025, the office real estate market is at a turning point. After years of uncertainty, the sector is showing signs of stabilization, with 68% of industry professionals expecting improved fundamentals, according to Deloitte Insights. However, challenges remain—high vacancy rates, a surplus of sublease space, and evolving tenant expectations mean that filling vacant office spaces requires more than just traditional leasing tactics. The good news? Property owners who adapt to these shifts can turn challenges into opportunities.

In this article, we’ll explore data-backed strategies to help you attract tenants and maximize occupancy. From offering move-in ready offices to integrating cutting-edge technology, these insights will position your property for success in today’s competitive market.

The 2025 Office Market: A Snapshot

The office sector is entering a new cycle in 2025, marked by cautious optimism. According to CBRE’s U.S. Real Estate Market Outlook, office attendance has stabilized, and businesses are shifting from contraction to expansion. However, subpar job growth in office-using sectors and 175 million sq. ft. of available sublease space are keeping vacancy rates high, with a projected peak of 19% this year.

Despite these hurdles, there’s reason for hope. Global property valuation declines have slowed, and shortages of prime office space are expected by year-end in key markets. For property owners, this means the time is ripe to implement strategies that cater to tenant needs and differentiate your property.

Key Strategies to Fill Vacant Office Spaces

To help you navigate this evolving landscape, we’ve compiled a list of actionable strategies, each supported by the latest market data and trends.

1. Offer Move-In Ready Offices

In an uncertain market, tenants are gravitating toward fully furnished, turnkey spaces that allow for immediate occupancy. This reduces setup time and costs, making your property more attractive to businesses looking to relocate or expand quickly.

  • Why It Works: Tenants favor quick solutions, especially in a market where flexibility is key.

  • Implementation Tip: Partner with furniture providers or offer customizable turnkey packages to streamline the move-in process.

2. Enhance Common Areas

Investing in high-quality amenities like fitness centers, lounges, and collaborative spaces can transform your property into a destination rather than just a workplace. These enhancements encourage tenants to choose the office over remote work.

  • Why It Works: Properties with amenity-rich environments see better performance, particularly in Class A spaces (CBRE).

  • Implementation Tip: Survey current tenants to prioritize amenities that align with their needs, such as wellness areas or outdoor spaces.

3. Provide Flexible Workspaces

Hybrid work is here to stay, with office occupancy rates hovering around 50-55% (Commercial Property Executive). Offering flexible options like hot-desking or hoteling allows tenants to optimize their space usage.

  • Why It Works: Flexibility caters to diverse work styles and minimizes unused square footage.

  • Implementation Tip: Introduce tiered pricing models for flexible workspaces to appeal to businesses of all sizes.

4. Integrate Advanced Technology

Smart building solutions—such as touchless entry, high-speed connectivity, and AI-driven energy management—are no longer optional. These features enhance operational efficiency and tenant experience, making your property stand out.

  • Why It Works: 76% of CRE leaders are adopting AI-enabled solutions, with 40% already in early implementation (Deloitte Insights).

  • Implementation Tip: Highlight tech features in your marketing materials to attract tech-savvy tenants.

5. Emphasize Sustainability

Sustainability is a top priority for tenants, with 76% of industry players planning deep energy retrofits in the next 12-18 months. Green certifications and energy-efficient designs can set your property apart.

  • Why It Works: Eco-conscious tenants are willing to pay a premium for sustainable spaces.

  • Implementation Tip: Pursue certifications like LEED or Energy Star to validate your efforts and attract environmentally focused businesses.

6. Focus on Prime Locations and Quality

Properties in walkable, mixed-use districts—such as Chicago’s Fulton Market or Washington D.C.’s Wharf—are expected to see higher occupancies and rents. Even if your property isn’t in a prime area, regular upgrades can keep it competitive.

  • Why It Works: Desirable locations are projected to face shortages of prime space by year-end (JPMorganChase).

  • Implementation Tip: Renovate common areas and office suites to maintain a fresh, modern appeal.

7. Leverage Data for Decision Making

Data analytics can provide insights into tenant preferences and market trends, helping you make informed decisions about property improvements and marketing strategies.

  • Why It Works: CRE leaders are increasingly using AI and machine learning to optimize operations (Deloitte Insights).

  • Implementation Tip: Use occupancy data and tenant feedback to guide renovations and marketing efforts.

Additional Strategies for Maximum Impact

While the strategies above form the foundation, consider these complementary approaches to further boost occupancy:

  • Target Smaller Tenants: Smaller businesses (10,000–20,000 sq. ft.) are expected to drive over 50% of leasing activity in 2025 (CBRE). Tailor your marketing to appeal to this growing segment.

  • Offer Flexible Lease Terms: Be open to negotiating lease terms, especially with larger tenants, to avoid vacancies.

  • Encourage Lease Renewals: Offer incentives like upgrades or favorable terms to retain current tenants, as renewals are expected to dominate leasing volume.

  • Adjust Pricing for Non-Prime Properties: If your property isn’t in a prime location, consider lowering rents to compete with the 175 million sq. ft. of discounted sublease space.

  • Engage in Local Regeneration Initiatives: Participate in public-private partnerships to revitalize downtown areas, which can enhance your property’s long-term appeal.

Quick Reference: Strategies and Implementation Tips

Strategy

Implementation Tip

Move-In Ready Offices

Partner with furniture providers for turnkey solutions

Enhanced Common Areas

Survey tenants to prioritize valued amenities

Flexible Workspaces

Offer tiered pricing for flexible options

Technology Integration

Highlight tech features in marketing materials

Sustainability Focus

Pursue green certifications like LEED

Prime Location and Quality

Regularly renovate to maintain a modern appeal

Data-Driven Decision Making

Use occupancy data to guide improvements

Target Smaller Tenants

Tailor marketing to small and medium-sized businesses

Flexible Lease Terms

Be open to incentives for large tenants

Encourage Lease Renewals

Highlight cost savings in renewal offers

Competitive Pricing

Adjust rents based on sublease market conditions

Regeneration Initiatives

Engage early in public-private partnerships

Conclusion: The Future is Bright for Adaptable Owners

The office real estate market in 2025 is one of opportunity for those willing to innovate. With 68% of professionals expecting improved fundamentals, the stage is set for growth—but success requires action. By implementing these strategies, you can position your property to meet tenant demands, reduce vacancies, and build long-term resilience.

Take the Next Step: Assess your property through the lens of these insights, engage with tenants, and stay ahead of market trends. The future belongs to those who adapt.

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