Many office property owners are heading for the exits amid weaker demand and looming debt maturities, while opportunistic private equity groups are leaning in to capture what could be once-in-a-generation buying opportunities.

Victor Gutierrez, Ten-X’s Vice President of Platform Operations, spoke with Urban Land and offered his insights on the office market.

“This story is a bit of a mixed bag,” says Gutierrez. “I think the office market definitely has its challenges, but I also think environments like this [one] create a lot of opportunities to buy nice, well-located buildings that will have an office demand and an office use in the future.”

Read the full article on Urban Land Magazine.