US Office Market Outlook: The ‘Haves’ and ‘Have-Nots’

Peter Muoio, head of research & chief economist at Ten-X Commercial, offers his investment forecast for the sector, ranking the top and bottom five cities and regions.

While the U.S. office market has seen moderating absorption and sales volume, online commercial real estate marketplace Ten-X Commercial found that some cities are still experiencing meaningful upticks in investment, including Kansas City, Washington, D.C., and Oakland, Calif. But in keeping with the national trend, certain markets are facing weaker prospects for investment growth, such as Austin, suburban Maryland and Chicago.

Delving into the firm’s recent findings, Peter Muoio, head of research & chief economist of Ten-X Commercial, offers his forecast for the national office market, explaining why some markets are performing better than others and offering a long-term outlook for the sector.