Office Sector Faces Similar Tipping Point as Retail Did During E-Commerce Surge

If the sector can get past distress, it could open to a dynamic period of reinvention.

By Richard Berger | September 18, 2023 at 05:16 PM

The office sector is in an undeniably challenging position. But, just like retail properties adapted to meet extreme changes in its marketplace several years ago, so too will office, according to a new Q2 report from Marcus & Millichap.

Retail had its e-commerce crisis and office has its work-from-home and now its “debt obligations coming due” dilemma.

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