The office market is running out of the kind of space that tenants want, even as overall vacancy reaches historical highs. Upgrading existing buildings to meet current demand may soon become a more popular strategy in the battle to attract occupancy.
What to watch for in 2025: Another opportunity for office renovations
With new construction scarce, office buildings with 'good bones,' optimal locations could get refreshed
By Phil Mobley
CoStar Analytics
January 8, 2025 | 7:17 P.M.
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