More Office Space Removed Than Built in U.S. for First Time Since 2000
Allwork
JUNE 3, 2025
CoStar News reports that the commercial real estate firm projects that 23.3 Construction and financing costs remain elevated, and tariffs are adding pressure on larger projects. Hotels account for 8%, while industrial and life sciences projects make up smaller portions. For the first time in over two decades, more U.S.
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