There is so much conflicting information about the office market that it's understandable when investors aren't sure what advice to follow.
Office leasing is up 50% from the pandemic bottom and more tenants are expanding than contracting space needs.
At the same time, companies are redeveloping existing office space into new uses, like housing or industrial. And primary office markets continue to see declining occupancy and rent growth, although there are bifurcated results in which secondary and tertiary markets are doing well.
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