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Should You Buy the Flagship Office or the Fixer-Upper? The Answer May Be a Surprise.

Investors Increasingly Target Both Top-Tier Offices and Redevelopment Opportunities
While office property investors are increasingly focusing on flagship office properties, such as the 589-foot 100 North office tower in downtown Tampa, Florida, that traded for more than $151 million in one of the top deals of the second quarter, they also seek value in neglected three-star rated office properties, the kind that can be transformed into something entirely new. (CoStar)
While office property investors are increasingly focusing on flagship office properties, such as the 589-foot 100 North office tower in downtown Tampa, Florida, that traded for more than $151 million in one of the top deals of the second quarter, they also seek value in neglected three-star rated office properties, the kind that can be transformed into something entirely new. (CoStar)
CoStar Analytics
August 19, 2024 | 9:12 P.M.

“Nothing is trading” has been a familiar refrain among office investment professionals lately. It’s easy to understand why. The total number of office trades has plummeted 52% since peaking in late 2021.

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