Christian Ulbrich | executive |
Karen Brennan | executive |
Michael Griffin | analyst |
Matthew Filek | analyst |
Jade Rahmani | analyst |
Patrick O'Shaughnessy | analyst |
Though we have seen a modest number of larger deals coming to the market over the past few months.
On the leasing side, occupiers continue to take a cautious approach but office demand is stabilizing as many companies are making progress on their return to office initiatives. Similar to investment sales, large lease transactions are starting to return to the market but have not come back in a meaningful way yet.
As we have noted in the past, larger deals are a more significant portion of our fee revenue base in both leasing and investment sales.
As larger transactions come back into the market, we expect to benefit disproportionately.