Occupiers across cities prefer taking up office spaces in SBDs and PBDs. The transition is driven by occupiers demand for affordable rents, Grade A offices, expansion space and transit-served markets.
Propstack analysed > 25,000 sf deals in 2017. SBDs outshine CBDs.
> 25000 sf Deals total area – 2017 (in msf)
*Grade A data only
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