Lower-income tenants bearing much of the brunt of inflation, CoreLogic said.

Some view the government as a potentially adverse player.

Markets where people can "get away from the craziness" are performing well.

Trophy office buildings were the place to be as tenants sought highly amenitized options, driving up occupancy and pricing, according to Avison Young.

Q3 2023 office visits remained 3% higher than in Q2 2023 — and the highest this year, according to Placer.ai.

Overall strong fundamentals and new construction starts also contributing factors, according to Marcus & Millichap.

From heat waves in California to droughts across the Sun Belt region, climate change is driving stakeholder demands for improved sustainable strategies and resilient properties.

While demand remains strong, affordability and availability plague some.