X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Office demand started to cool at the end of 2017, but it may be just the beginning for the office market. A recent quarterly report from Savills Studley showed a drop in office leasing activity at the end of last year. The slowdown also led to a decline in investment sales, and has encouraged some investors to look outside of the California market for opportunities. This year, expect to continue to see office activity slow as a result of slow employment growth, corporate restructurings and an increase in sublease space.

Kelsi Maree Borland

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.