Reported about 7 hours ago
The U.S. office market is experiencing a significant rebound, with the overall availability rate declining for the first time in over five years. Companies like Amazon are encouraging employees to return to the office consistently, leading to record attendance rates. Major cities driving this growth include New York, Dallas, Nashville, Phoenix, and Atlanta, while areas like the Midwest and the Pacific Northwest are progressing at a slower pace. A 50-basis-point interest rate cut by the Federal Reserve is also benefiting the market, creating a favorable environment for commercial real estate investors.
Source: YAHOO