If investors and developers are going to get into or stay in office, the best move is probably prime or Class A, according to CBRE.

They examined the top 2% to 4% of office properties — their definition of prime or Class A — across different metro markets in the U.S. That was in the context of the flight-to-quality many in the industry think is happening.

One of the difficulties in understanding the office marketplace is what one might call the tyranny of the average and advertised. First, there are distributions in all data; not everything experiences the same conditions. Second, when some story lines get broadly publicized, they can take on lives of their own.

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