Atwater Corporate Office Tower Office for Rent in Petaling Jaya, Selangor by YEEVY LEE
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $2.5B across 10 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Downtown Vancouver office vacancy recovery slower compared to other Canadian cities
Miami Design District Associates And BH3 Management Partner On 20-Story, 250,000-Square-Foot Office Tower In Miami Design District
Woodmont Real Estate Services Taps Lilian Betancourt Norlin as Commercial Regional Manager for Peninsula, South Bay Portfolio
Belmont-based Woodmont Real Estate Services has hired Lilian Betancourt Norlin as a commercial regional manager, handing her a mix of office, industrial and retail properties stretching from San Jose to Daly City that…