The tech sector is driving a curious rebound in office leasing that’s far from widespread, instead mostly playing out in a handful of the highest-quality properties in just a few U.S. markets.
While firms of all stripes — especially companies focused on artificial intelligence — sign new deals to pile into the best buildings, the tech giants are cutting headcounts, potentially presaging a white-collar job landscape primed for layoffs. The seeming paradox reflects the fast-evolving world of AI at work that is set to define the post-pandemic positioning of the U.S. office market.
“In the office market, what we’re seeing is a…