KPG Funds CEO Greg Kraut says that the office market is "back." But that doesn't mean everywhere in the country or even in a given city. Without more specific data, investments can quickly go bad.
"I don't know if it's back 100%," Kraut tells GlobeSt.com. I'm pretty sure it's back 90%." But that's only in highly specific areas.
KPG focuses solely on New York City, but to them that's really many markets. "I only invest in certain submarkets where I know there is trending tenant demand and in areas that there is not the type of supply we create," Kraut tells GlobeSt.com.
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