Colliers wonders if the "next great buying cycle" for office could be now.
It points to research by Revolution that notes that when lenders tighten, the four-year forward price change vastly outperforms.
Why CRE Experts Believe It's a Good Time to Buy Office
The full pain of the post-pandemic office market hasn't been felt, since many tenants still have time left on their leases. As these leases expire, many tenants will either reduce their size or simply not renew their leases. This phenomenon means a long-term (if not permanent) reduction in the demand for office space.
By
Richard Berger
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