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office market

 

Definitions from the Web

Office Market

A term used to refer to the segment of the real estate market dedicated to commercial office spaces. The office market comprises the buying, selling, and leasing of office properties, and is influenced by various factors such as economic conditions and demand for office spaces.

Sense 1: Commercial Office Spaces

The office market is highly competitive in metropolitan areas, with many businesses vying for prime office locations.

Sample Sentence 1:

The office market in New York City is known for its soaring rents and limited availability of space.

Sample Sentence 2:

The city's rapidly growing tech industry has spurred a boom in the office market, with numerous startups seeking suitable office spaces.

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