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NYC Office Buildings Face a $50B Wipeout
As the economic rollercoaster continues, NY office properties could be facing a steep $50B wipeout in value. Richmond and Minneapolis are now prime locations for medical office buildings. An old Koreatown retail center in LA just sold for a record-breaking figure. Meanwhile, Prologis has completed its all-stock acquisition of Duke Realty Corporation worth $23B. Let's dive in!
Jordan B.