The strong office market continued at the start of 2020 as vacancy moved down slightly, from 20.1 to 19.7%, driven by solid first quarter absorption of almost 1.2 million square feet, according to the latest office report by JLL.
Sales activity was, for the most part, lackluster in 2017. Pricing for most assets remained stubbornly high while, in other cases like retail, cost wasn’t an issue for buyers. Yet there are signs these trends are shifting, positioning some assets for more activity in 2018.
Real Estate Forum intends to answer that question with its inaugural “Best Places to Work” section; initial nominations are due this weekend.
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