Office

 
At the beginning of the year, JP Morgan reported that the national office vacancy rate climbed to a new high of 19.6%, surpassing the previous record of 19.3%. This marks the largest increase since 2021. While offices are not becoming obsolete, future demand remains uncertain and vacancies are expected to rise further. Given that, prime office properties in high-demand locations are likely to perform better than others. Experts suggest that commercial real estate investors assess risks and opportunities on an individual asset and deal basis in the coming years. tinyurl.com/JPMI-24