Many prominent Live-Work-Shop neighborhoods are outperforming the broader market in which they reside, according to CBRE, lending hope to this slice of the office market. CBRE points to Chicago’s Fulton Market and East Austin in Texas among others as examples of these communities where average quarterly net absorption has significantly outstripped their home markets since Q1 2020.

These communities offer a high walk score and are very attractive to younger professionals that like living close to their offices and having a wide array of retail, entertainment and social amenities nearby. 

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