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The Office Buildings market is a segment of the Commercial Property sector that focuses on the development, leasing, and sale of office buildings. Office buildings are typically multi-story structures that are designed to accommodate a variety of businesses, including corporate headquarters, regional offices, and other professional services. Office buildings are typically located in urban areas, and are often part of larger mixed-use developments.
Office buildings are typically leased to tenants on a long-term basis, and are often subject to local zoning regulations. In addition, office buildings are often subject to building codes and other regulations that govern the construction and operation of the building. Office buildings are typically managed by a property management company, which is responsible for the day-to-day operations of the building, including tenant relations, maintenance, and security.
The Office Buildings market is highly competitive, with a variety of developers, landlords, and tenants competing for space. Major players in the market include CBRE, JLL, Colliers International, and Cushman & Wakefield. Other companies in the market include Avison Young, Savills, and Newmark Knight Frank. Show Less Read more