Office Sector Forecast via CoStar

Phil Mobley, National Director of Office Analytics with CoStar Group, sits down with Michael Bull to discuss the U.S. office market. Discussions include vacancies, rental and absorption rates, and leasing and sales volume.  Time Stamps00:00 - Intro01:42 - Office Performance during COVID vs Great Recession05:01 - Office Performance Forecast06:39 - CBD Office Performance10:45 - Demand Projections14:07 - Vacancy Rates14:49 - Suburban vs CBD Performance17:27 - Rental Rates19:14 - Cap Rates & Volume25:50 - Inventory27:26 - Lease Terms29:05 - Return to Office30:46 - Opportunities35:13 - Final Thoughts Brought to you by:Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/ Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestateshow Follow us at: @BullRealty https://twitter.com/bullrealty@CRE_show https://twitter.com/CRE_show