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Office space demand is expanding beyond trophy assets to a wider swath of high-quality Class A space, as return-to-office adoption grows and recovery takes hold across more U.S. markets.
A few noteworthy facts from our research:
- Office visitation jumped up in the third quarter
- Leasing volume on the rise and on track for a post-pandemic peak
- Office availability declining in steady, consistent fashion
- Investment sales indicators are turning the corner
- Cautious optimism despite some macroeconomic uncertainty