Office

The Tenant Became the Buyer

Houstons biggest office trade in six years was really a repricing.

The Year Office Became Housing

Adaptive reuse crossed 90,000 units in the pipeline; conversions are now supply infrastructure.

The Recovery Nobody Built For

Office, industrial, and retail are all recovering into the emptiest pipelines in a decade — and paying up to finance it.

Wall Street Builds Its Next Tower in Dallas, Not New York

Morgan Stanley weighs a $1.3B Uptown skyscraper — a mile from Goldman's campus.

🟡NYC Office Conversions Hit 17-Year High

As Landlords Pivot to Housing

🟡Fed’s First 2025 Rate Cut Offers Partial Relief for CRE

The Federal Reserve delivered a long‐awaited 25‐basis‐point rate cut in mid‐September, lowering the Fed funds range to roughly 4.0–4.25