Weekly Market Recap – February 17, 2025

Since the pandemic began, the commercial real estate office sector has been one of the most heavily impacted industries as companies adopted work-from-home policies, reducing the need for physical office space in large cities. While much has been written about the demise of the post pandemic office sector, with double-digit vacancy rates and negative net operating income growth over the last three years, is it possible that the sector has reached a turning point in its recovery? Several key indicators seem to point this way.