The office sector is recovering most strongly in New York and Miami, with office visits only down 17.1% and 20% from their February 2019 levels, said the report. Atlanta, Houston, Washington, D.C., and Dallas all had year-over-five-year visit gaps of between 34.6% and 38.4%, which is comparable to the nationwide average, according to the report. Meanwhile, five-year office visit gaps for Boston, Los Angeles and Dever were 43.5%, 45.1% and 46.6% respectively.

For the first time since the firm began tracking post-pandemic office recovery, San Francisco outperformed Chicago with a 47.5% Yo5Y visit gap compared with a 48.5% gap. Placer.ai said this suggests RTO mandates in the technology sector may be starting to have an impact on office recovery.