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Today’s commercial real estate downturn is unlike any prior property crisis. The primary source of weakness stems from reduced office demand, not oversupply.
Today’s commercial real estate downturn is unlike any prior property crisis. The primary source of weakness stems from reduced office demand, not oversupply. With hybrid work here to stay, companies are cutting office footprints when leases expire. This trend has room to run, further weighing on office property prices.
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