WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?
Allwork
AUGUST 22, 2023
percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” A fully equipped and fully serviced office near where they live fits the bill nicely. This raises questions for U.S. real estate as well as U.S. commercial banks. “In the second quarter of the year, average vacancy rates hit 31.6
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