The research firm’s top property economist likens the decline in office demand to what malls have experienced over the last six years—and sees a similar outcome.
Their real estate value would increase of those that can be converted into apartments/condos were. Less commercial real estate available for those who want it, more money than sitting empty for those converted, residential space for cities in dire need of it, win win win!
Their real estate value would increase of those that can be converted into apartments/condos were. Less commercial real estate available for those who want it, more money than sitting empty for those converted, residential space for cities in dire need of it, win win win!