It’s been a tough five years for office owners and investors. After Covid closures, the work-from-home and hybrid trends, followed by rising prices, elevated inflation and interest rates all caused pain. The good news is that the market may have hit bottom.
Although not everywhere.
But there’s been a rebound, at least for Class A and A+ properties in top metros, according to a Colliers ranking. This comes after office reached bottom in 2023, with Colliers calling the asset class a “leader in year-over-year sales gains.”
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