The worst might be behind office following the lows of the pandemic. While the asset class is far from ideal for CRE operators there's hope for key fundamental growth.
Particularly, attendance is starting to improve in major markets. And for the first time in five years, availability levels have gone down, JLL's third quarter office market dynamics report revealed.
William Sankey, CEO and co-founder of real estate software development firm, Northspyre believes the office sector has "bottomed out" when it comes to vacancies.
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