Make no mistake — the suburban office market has been depressed for years. But there’s life in those important clusters of jobs beyond the city limits.
It’s not an easy bet financially, but property owners are adapting to stubbornly high vacancy rates. In some cases, that means demolishing an older office building that has lost appeal and converting the property to something with greater demand, such as housing or industrial use. For others, it means fixing up the place, adding features to appeal to workers who have grown comfortable clocking in from a couch at home.
