--- title: Office Makes a Comeback in Second Quarter 2021 SIOR Snapshot Sentiment Report description: Second Quarter 2021 SIOR Snapshot Sentiment Report Summary image: https://blog.sior.com/hubfs/1200x628ListingGraphic_SentimentReport.png --- - [Who We Are](https://www.sior.com/whoweare) - [Chapters](https://www.sior.com/chapter) - [Partners & Supporters](https://www.sior.com/partners) - [SIOR Foundation](https://foundation.sior.com/) - [Contact](https://www.sior.com/contact-us) - [MySIOR](https://my.sior.com/home) - [Search](Javascript:void(0);) - [Find an SIOR](https://sior.com//find-an-sior) - [Become an SIOR](https://sior.com//become-an-sior/become) - [Education & Insights](https://sior.com//education-and-insights) - [Events](https://sior.com//conferences) - [Transactions & Data](https://sior.com//transactions) - [Current Members](https://sior.com//current-members) - [Who We Are](https://www.sior.com/whoweare) - [Chapters](https://www.sior.com/chapter) - [Partners & Supporters](https://www.sior.com/partners) - [SIOR Foundation](https://foundation.sior.com/) - [Contact](https://www.sior.com/contact-us) - [MySIOR](https://my.sior.com/home) - [Search](Javascript:void(0);) - [Find an SIOR](https://sior.com//find-an-sior) - [Become an SIOR](https://sior.com//become-an-sior/become) - [Education & Insights](https://sior.com//education-and-insights) - [Events](https://sior.com//conferences) - [Transactions & Data](https://sior.com//transactions) - [Current Members](https://sior.com//current-members) # SIOR Pulse Blog In This Section ### Education & Insights - [Overview](https://sior.com/education-and-insights) - [Education](https://sior.com/education-and-insights/education) - [Insights](https://sior.com/education-and-insights/insights) - [Latest News](https://sior.com/education-and-insights/insights/latest-news) - [SIOR Report](https://www.sior.com/education-and-insights/insights/magazine/sior-report) - [SIOR Pulse Blog](https://blog.sior.com/) - [Thought Leadership Series](https://sior.com/education-and-insights/insights/thought-leadership-series) - [SIOR Weekly Newsletter](https://sior.com/education-and-insights/insights/sior-weekly) - Writing Opportunities [Return to SIOR Pulse Blog](https://blog.sior.com) Share: [envelope](mailto:?subject=Check%20out%20https://blog.sior.com/siors-q2-2021-snapshot-sentiment-report%20&body=Check%20out%20https://blog.sior.com/siors-q2-2021-snapshot-sentiment-report) [twitter](https://twitter.com/intent/tweet?url=https://blog.sior.com/siors-q2-2021-snapshot-sentiment-report&text=Office%20Makes%20a%20Comeback%20in%20Second%20Quarter%202021%20SIOR%20Snapshot%20Sentiment%20Report) [facebook](http://www.facebook.com/share.php?u=https://blog.sior.com/siors-q2-2021-snapshot-sentiment-report) [linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.sior.com/siors-q2-2021-snapshot-sentiment-report) SIOR HQ 07/21/2021 # Office Makes a Comeback in Second Quarter 2021 SIOR Snapshot Sentiment Report ![](https://blog.sior.com/hubfs/1200x628ListingGraphic_SentimentReport.png) Categories: [Market Trends & Analysis](https://blog.sior.com/tag/market-trends-analysis) As summertime emerges, so have businesses and economies, report SIOR members in the second quarter [SIOR Snapshot Report](https://www.sior.com/education-and-insights/insights/thought-leadership-series/reports-briefs/sior-snapshot-sentiment-survey). The report provides member feedback on the performance of transactions and the current state and future predictions of the market. SIORs say commercial real estate (CRE) is rebounding at a record pace, with the office sector finally making its comeback. Market confidence grew to its highest on record, at 7.6 (out of 10). - The largest increase was seen in the office sector, rising from 5.9 in Q1 to 6.7 in Q2. - Industrial confidence remained steady at 8.0. On-schedule deals have also reached their highest levels in a year, with office being the primary growth factor. - 79% of transactions are on schedule, a nearly 150% increase since Q2 2020 (32%). - 77% of office transactions are on schedule, a 175% increase from a year ago when only 28% were progressing. - On-time industrial transactions slightly dipped but remained strong at 80% in Q2. Overall leasing activity rose to its highest level in more than five years, with 72% of SIORs reporting more leasing. This was a 16% increase from Q1 (62%). - Office brokers accounted for the main increase, with 68% reporting higher leasing activity, up from 38% in Q1. - Industrial office leasing saw little change with 74% still noting higher activity. “The results speak for themselves – while each sector tells a slightly different story, commercial real estate looks more and more resilient,” says SIOR CEO Robert Thornburgh, SIOR. “This report shows the quantitative results behind the world’s top brokers who weathered the pandemic storm and dug in their heels to grow and deliver innovative results to their clients, no matter what the situation.” [![View Full Report](https://no-cache.hubspot.com/cta/default/4930347/93dbc29d-85cb-4b60-b57e-64846361c416.png)](https://cta-redirect.hubspot.com/cta/redirect/4930347/93dbc29d-85cb-4b60-b57e-64846361c416) ![SIOR HQ](https://blog.sior.com/hubfs/Imported_Blog_Media/cropped-standard-mark-only.jpg) ### [SIOR HQ](https://blog.sior.com/author/sior-hq) The Society of Industrial and Office Realtors® (SIOR) represents the world’s elite in industrial and office brokerage. SIORs are held to the highest standard by completing thorough requirements and adhering to the SIOR Code of Ethics. SIOR is more than a designation, it’s a symbol of excellence. SIORs value the power that comes with building relationships and sharing ideas that are on the leading edge of the industry. They are the most knowledgeable, experienced, ethical, and successful commercial real estate brokerage specialists. For more information, visit [sior.com](http://www.sior.com) [media@sior.com](mailto:media@sior.com) ### YOU MAY ALSO LIKE ### [Increasing Power Demands and Stakeholder Response Are Changing the Data Center Map](https://blog.sior.com/the-changing-data-center-map) [Read](https://blog.sior.com/the-changing-data-center-map) ### [Beyond the Deal: How AI Is Reshaping Tenant Research and Experience](https://blog.sior.com/beyond-the-deal) [Read](https://blog.sior.com/beyond-the-deal) ### [Return to Office 2.0](https://blog.sior.com/return-to-office-2.0) [Read](https://blog.sior.com/return-to-office-2.0) ![subscribe weekly](https://blog.sior.com/hubfs/SIOR_September2019/images/subscribe-mobile-new.38f24a48.png) ## SUBSCRIBE TO SIOR WEEKLY! **Personalized. Targeted. Relevant.** Using the power of Artificial Intelligence (AI), SIOR Weekly is a customized aggregation of CRE industry news most relevant to you, delivered right to your inbox. The more you read, the more targeted the content is to your personal and professional interests. Sign Up Now ![subscribe weekly](https://blog.sior.com/hubfs/SIOR_September2019/images/subscribe-overlay.a04ed6e9.png) ![subscribe](https://blog.sior.com/hubfs/SIOR_September2019/images/subscribe.7cce54e7.jpg) ![subscribe](https://blog.sior.com/hubfs/SIOR_September2019/images/subscribe-mobile.3326f86d.jpg) [![logo_with_name_blue.205d97bd](https://blog.sior.com/hubfs/SIOR_September2019/images/logo_with_name_blue.205d97bd.svg)](https://sior.com/)   - [Who We Are](https://sior.com/who-we-are/about) - [Chapters](https://sior.com/chapters/chapter) - [Partners & Supporters](https://sior.com/partners-and-supporters/partners) - [SIOR Foundation](https://foundation.sior.com) - [Contact](https://sior.com/contact-us) - [MySIOR](https://my.sior.com/home) Back to Top © Society of Industrial and Office Realtors®, all rights reserved. [twitter](https://twitter.com/SIORglobal) [facebook](https://www.facebook.com/SIORglobal) [linkedin](https://www.linkedin.com/company/sior/)