Clarion Partners and Blackfin Real Estate have acquired the 3,564-unit portfolio.

"Not all of this will happen immediately, explained Stefan Weiss, senior economist at Econometric Advisors, in talking about the transition to the future of work.

The usual suspects, such as New York City, Los Angeles and Dallas/Ft. Worth, are leading the way.

Easterly Government Properties acquired the 138,000-square foot office from Highwood Properties.