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Retail Sector's Recovery After Great Recession Provides Playbook for Office Market

For Offices Facing a Structural Change in Demand, Retail Offers a Comparison — and a Path Forward

The retail real estate sector has adjusted over the past decade to accommodate demand, providing a playbook for the office market to do the same. (CoStar)
The retail real estate sector has adjusted over the past decade to accommodate demand, providing a playbook for the office market to do the same. (CoStar)

The Great Recession triggered massive upheaval across the commercial real estate industry, and no sector was hit harder than retail. Its travails and subsequent recovery over the past 15 years provide a fascinating case study for today’s office sector, which now faces an analogous disruption.

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