{"id":1004461156,"date":"2020-07-23T18:08:23","date_gmt":"2020-07-24T02:08:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004461156"},"modified":"2020-07-23T18:08:23","modified_gmt":"2020-07-24T02:08:23","slug":"top-5-markets-for-office-transaction-growth","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-markets-for-office-transaction-growth\/","title":{"rendered":"Top 5 Markets for Office Transaction Growth"},"content":{"rendered":"

Nationwide, transaction volume declined by 24 percent year-to-date through May compared to a $25.9 billion drop during the same interval in 2019, Yardi Matrix data shows. As the pandemic continues to force office-based businesses to allow most of their employees to work from home, office occupancies vary significantly<\/a> among major metros. But as is often the case during times of instability, investors are eyeing more secondary and tertiary markets for value-add opportunities.<\/p>\n

The metros on this list saw as much as a fortyfold increase in their transaction volume, while in other markets, investment plummeted by more than 90 percent. It\u2019s no surprise that no major office market made this list, even though the five metros here only account for 2.6 percent of the nation\u2019s overall transaction volume.<\/p>\n