Suburban office properties and parks are generally weathering the office sector’s heightened vacancy rates, slumping property valuations and lagging sales volumes reasonably well in comparison to most of their downtown counterparts. The average suburban office vacancy rate was 17.1 percent in the fourth quarter of 2024, 50 basis points below the national average of 17.6 percent, according to Colliers’ quarterly office market report. CBD vacancy stood at 100 basis points above the national...