Thriving Office Markets
Distress? What Distress? 5 Office Markets Attract Top Dollar for Prime Assets
Source: costar.com
"Class A Office Properties in Boston, NY, DC, San Fran & LA Thriving on Cash-Rich Investors
For all of the talk of distress in commercial real estate, you won't hear the "D" word mentioned among investors clamoring for top-quality office properties in at least five markets. Investment activity in institutional-quality office properties in Boston, New York, Washington DC, San Francisco and Southern California is thriving. And strong investor interest is also evident for the highest quality office propertis in other markets as well, although a huge canyon separates those select properties from other office classes in most markets."
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Sounds like there is some light at the end of the commercial tunnel. I'll look forward to it.
Like IREM always taught us, Location, Location, Location. Great to hear postive news.
- Lori Burger | Flag this comment for review