The post-pandemic office market has split dramatically. Trophy buildings with modern amenities, sustainability credentials, and prime locations are thriving while older Class B and C stock struggles.
What Defines Trophy
- Prime location with transportation access
- Modern building systems and infrastructure
- Amenity packages including fitness, dining, conferencing
- LEED certification and sustainability features
Investment Implications
Trophy office commands significant cap rate premiums over commodity space, reflecting both income security and residual value protection.