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​​​​​​​​​​​​​​​​​​​​​​​​Following a year of uncertainties, cautious optimism reemerges.

​​Despite overall U.S. investment volume declines in 2016, the office sector sustained stable activity, reaching $143.0 billion in volume in the fourth quarter. Secondary market momentum also returned as investors looked to diversify. While leasing velocity and occupancy growth decelerated as the country nearly reached full employment in the fourth quarter, we still expect office to see incremental growth throughout 2017 and e​​ven into 2018. ​

For a complete market analysis and other key themes from the fourth quarter of 2016, download our latest Office Investment Outlook.​


U.S. Office cap rate map

Map data is from Q4 2016

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