The U.S. office market is in a state of uncertainty. Numerous headlines have discussed its demise, yet the benefits of collaboration and in-person work cannot be completely replaced via technology, particularly in creative knowledge-industry sectors. The office market isn’t going away, but it is affected by major bifurcations — between and within markets and across building classes and business sectors.
This report investigates important trends in fundamentals and capital markets today and into the future: changing work habits, demographics, and occupier demand, with both structural and cyclical factors at play. While historically the market always comes back, the definition of a “stabilized” market may have changed. The office sector and its owners are facing unprecedented pressure to adapt and evolve.
Download the report.