Office Lending – Here is Why It is Not as Bad as The Market Thinks
South State Correspondent
MAY 22, 2024
built an index around this, and it shows that since early 2023, the number of workers in these buildings has hovered between 60% and 70% of the level of activity seen before the pandemic in February 2020. CoStar estimates that about 45% of the office square footage leased before April 2020 has yet to be renewed.
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