U.S. Office Market Shows Signs Of Revival As Discounted Sales Set New Benchmarks
Allwork
OCTOBER 4, 2024
office property market may be bottoming out, analysts told Reuters , pointing to a string of sales of stressed properties at big discounts over the last quarter that have helped set a new pricing benchmark. Another example Moody’s listed is 1740 Broadway, which sold at a $416 million loss compared to its previous purchase price.
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