CBRE Econometric Advisors About Real Estate: The Resurgence of Downtowns?

CBRE Econometric Advisors About Real Estate: The Resurgence of Downtowns?


April 2011

There is an argument out there gaining traction that goes something like this: downtowns are back, wither suburbs. While that may be a bit of an overstatement, the apparent resurgence of America's downtowns earned an article in the Wall Street Journal last December. It is an interesting idea, and broad structural changes like the one described in the article do tend to grab headlines, but looking at occupancy trends for commercial real estate?and office in particular? the data have yet to tell this story convincingly.

Keywords: Downtown, CBD, Suburb, Growth, Resurgence, CBRE

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