By Ashley Fahey | The National Observer: Real Estate Edition, The Business Journals
We’ve reached the end of 2023, and it probably comes as no surprise that the U.S. office market, with all of its nuances, is top of mind for reporters across The Business Journals network of publications. We saw vacancy continue to rise, more companies list office space on the sublease market and a growing number of properties exhibit financial distress.
As we move into 2024, there are numerous other storylines that will be worth following across the commercial and residential segments of the industry, as well, including a high-stakes lawsuit levied against the National Association of Realtors and major brokerages around commissions, what’s going to happen as some multifamily markets get saturated with supply, and the debate around how best to revitalize America’s downtowns.
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