The sector faces challenges with operational expenses but should continue to lead investment sales activity.

Meanwhile, California experienced the greatest net loss of residents.

Employers are banking on amenities to bring employees back to the office.

Positive economic indicators inject confidence into the market after two years.

Investor sentiment is on the rise as a wave of loans is set to mature.

Although growth was flat in 2024, foot traffic is 16.1% higher than five years ago.

During the fourth quarter, the market leased 10.7 million square feet of office space.

Financing is available for quality sponsors, according to Marcus & Millichap CEO Hessam Nadji.