There’s been a rebound for Class A and A+ office properties. This comes after office reached bottom in 2023, with Colliers calling the asset class a “leader in year-over-year sales gains.”

However, that is the bright side. The shadier one showed up in the fourth quarter of 2024. According to MSCI, U.S. office vacancy rates reached a high of 19.7%. That is an average, and “there remain pockets of strong demand for high-quality, well-located assets.”

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