December 2, 2021 - Dr. Lisa Sturtevant
Rising commercial vacancy rates and growing housing affordability and supply challenges have led to growing interest in the potential for converting office buildings into residential space. This new report from Virginia REALTORS® describes the concept of office-to-residential conversions, discusses challenges and opportunities for this type of redevelopment, and presents examples of successful projects in Virginia that have turned office space into new housing opportunities.
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