How much is US Office Building Space Reduced per Teleworker?

Abstract

As office workers shift to telework, office building space requirements should decrease, but this relationship has not been empirically studied. We construct a dataset describing historical office building space, number of office workers, and number of teleworkers from 2003-2019 in the US, and use linear regression to estimate the effect of telework on office building space. The results show that the average office building space required for an additional office worker and teleworker is 32 and 18 square meters (340 and 191 square feet), respectively, suggesting an average 44% reduction in office building space when an office worker transitions to telework.