Mar 10, 2023 - 0 Comments - Office Property -

Video: Costar’s National Director of Office Analytics Phil Mobley Provides 2023 Office Market Update, Outlook

In these America’s Commercial Real Estate Show videos, Phil Mobley, National Director Office Analytics at CoStar Group, provides an office market update, then offers his thoughts on the office market moving forward to 2023 and 24. The office market update is particularly interesting given that the COVID-19 experience has largely been put behind us. Discussions include office property vacancies, rental and absorption rates, and leasing and sales volume for office buildings. Miami’s standout performance of course gets a mention; how could it not?

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