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Tech, Biotech and Healthcare Hubs Outperform in Uncertain Office Market

Investing in So-Called Agglomeration Economies Can Serve as a Hedge Against Recessions and Remote Work
Moffett Park, California, in Silicon Valley is one of the so-called agglomeration economies outperforming the broader office market it's in. (CoStar)
Moffett Park, California, in Silicon Valley is one of the so-called agglomeration economies outperforming the broader office market it's in. (CoStar)
By Marco van Gemeren
CoStar Advisory Services
June 29, 2022 | 7:29 P.M.

Two years after the pandemic, uncertainty surrounding the office sector persists, even as remote and hybrid work arrangements become more entrenched. Given the unpredictability of office-use trends, investors would benefit from identifying office properties in low-risk locations.

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