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Office Sector to Deliver Strong Performance in 2016

March 11, 2016

Mar 09, 2016 |Diana Bell | National REIT Investor

Investors should keep the office sector on their radars, as metrics from a number of research and investment firms point to a strong performance in the years ahead.

Vacancy will decrease nationally just as new office development will begin to accelerate—but new development will not stem dropping vacancy rates. The National Association of Realtors (NAR) predicts office vacancies will continue dropping through 2016 and 2017, from 13.4 percent in the fourth quarter of 2016 to 12.7 percent by 2017.

There has been a 5.0 percent increase in office property values over the past 12 months, reports Green Street Advisors, a Newport Beach, Calif.-based research firm. The firm predicts NOI growth in the sector of 4.3 percent from 2016 through 2020.

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Second Annual Blue Vault Broker Dealer Educational Summit 2016
2016 Broker Dealer Educational Summit 2016
May 30, 2016

Best Due Diligence meeting in the industry. No sales pitches, senior level decision makers, meaningful discussions and the Broker Dealer networking sessions were especially useful. Thanks to Blue Vault for raising the bar!