Name
Downtown Office Market Dynamics
Date & Time
Friday, October 30, 2026, 11:00 AM - 12:00 PM
Speakers
Kevin Salmen, Transwestern
Jon Lanners, Onward Investors
Harrison Wagenseil, CBRE
Jim Montez, Transwestern
Jacob Graff, Cordia Energy
Bob Gardner, Gardner Builders
Kevin Salmen Jon Lanners Harrison Wagenseil Jim Montez Jacob Graff Bob Gardner
Description
  • Vacancy rates show signs of stabilization with modest improvements in select submarkets, indicating gradual recovery in the downtown commercial office sector.
  • Smaller leases continue to drive occupancy gains in commercial office spaces.
  • Renovations and amenity upgrades in quality buildings attract premium tenants and enhance asset values.
  • Return-to-office mandates and hybrid refinements from major employers support demand for well-located downtown commercial office spaces.
  • Refinancing challenges and valuation adjustments persist for some Class A and older commercial office buildings.
  • Modern amenities, flexible spaces, and technology integrations boost leasing activity in competitive downtown properties.
  • A revitalizing downtown environment with stronger activation supports the long-term health of the commercial office market.