Much has been written about the ongoing challenges facing the office sector as a result of COVID-19, but the first quarter of 2021 has represented an inflection point for the asset class, as companies begin to actualize plans for a return to physical work.

A new report from Crexi shows that investors looking for office deals were 25% more active on the firm’s marketplace in Q1 than in the previous quarter. And tenant leasing activity picked up 42.9% over the same period, with office attracting the second most amount of overall buyer attention behind retail properties.

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