Office Update | How far it’s come and where it’s headed

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William Pattison Michael Steinberg
SEP 07, 2022

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Office leasing is gaining momentum, but asset quality and demographics will dictate the speed of recovery

Commercial real estate has undergone significant demand shifts since the onset of COVID-19. There have been rapid and intense changes in performance across investment strategies. Residential and industrial properties have been clear winners for investors over the past two years. Demographic changes and the need for more space to work from home increased housing demand, driving up residential rents and investment returns. Similarly, an acceleration in e-commerce adoption made warehouse and logistics space a clear out-performer.