Office Market Reset: Navigating High Vacancy Rates and Future Opportunities
Office Market Reset: Navigating High Vacancy Rates and Future Opportunities
The office market is experiencing a dramatic shift, with vacancy rates projected to soar to nearly 21% by the close of 2024, according to research from NAIOP. The growing prevalence of hybrid work models has significantly curtailed demand for traditional office spaces, particularly in bustling urban centers. While...
Oct 9, 2024