Q1 2021 REIT Cap Rate Perspective: Is Office the New Retail?

March 2021

Boat on a lake

This quarter, we highlight the market dynamics occurring in the office sector – and how it resembles the disruption which has taken place in the retail sector over the last decade. Specifically, we examine how the REIT market has predicted future pricing trends in retail submarkets, and how it may be poised to do so again in the office space as the great remote work experiment is applied to a post-vaccine world.