When people paint the office sector with a broad brush as challenged, we push back. The sector is in a sustained recovery, not a temporary rebound. Improving fundamentals, stronger investment activity, both equity and debt, and renewed institutional interest are driving this shift. According to JLL’s latest Office Chronicle, the “four pillars of recovery” are starting to emerge: firmer space fundamentals, limited new supply over the next five years, increased seller capitulation and the return of debt. Together, those trends are helping close pricing gaps and revive transaction momentum.
The rebound is already visible in sales activity. Full-year office investment volume climbed 41 percent year-over-year to $62.7 billion in 2025 from 2024 levels. That momentum has continued into the first quarter 2026, with volume increasing 35 percent compared with the first quarter 2025.
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It is important in the office sector to differ
