Hines Takes On the Improbable Office-to-Resi Play
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Office to Resi Conversions Are Increasing
The office market is obviously feeling the pain of higher rates and a down market too. Austin has boasted one of the strongest return to office trends in the country. Office to resi conversions have produced 25,000 new units over the past two years. The data tells us that despite those obstacles, these conversions are happening.
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