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 Stamps 00:00 - Intro 01:42 - Office Performance during COVID vs Great Recession 05:01 - Office Performance Forecast 06:39 - CBD Office Performance 10:45 - Demand Projections 14:07 - Vacancy Rates 14:49 - Suburban vs CBD Performance 17:27 - Rental Rates 19:14 - Cap Rates & Volume 25:50 - Inventory 27:26 - Lease Terms 29:05 - Return to Office 30:46 - Opportunities 35:13 - 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
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