Office

Some property types are facing complex challenges, says Crexi.

Newmark looks at what sets these submarkets apart at each stage of growth.

The anticipated move led to a KBRA downgrade.

With trades seeing discounts of up to 75%, sellers slash asking prices for prime, but empty properties.

Leasing is up 10% from the average between 2015 and 2019 in the submarket.

The property type might not be as flashy as Class As but they can work.

Fast turnarounds beat long-term ownership in the office market.

Class A and trophy buildings comprised more than three-fourths of the leases in 2024.