U.S. Office Office Markets: Performance & Prospects
Key Takeaways
- Firms continue to recast their property strategies, focusing on future space and location needs.
- The U.S. office market remains relatively stagnant but structural changes are taking shape.
- Tenants are seeking new buildings with high-end amenities to attract and retain talent.
- Roughly 1.4 billion square feet of leases expiring before 2026.
- Repositioning and adaptive reuse opportunities are emerging.
- Capital is avoiding the office market today but lower interest rates expected in near future to attract investment.
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