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Commercial Real Estate
Business
American History
Posted 4 mo ago
Responses: 2
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LTC Eugene Chu
"Suburban office parks are a ticking time bomb. Despite millennials doing everything to wipe them out, the suburban office park has endured thanks in part to leases signed before 2020. But once those deals expire, a potential economic disaster awaits, impacting pensions, retirement funds, and communities dependent on commercial property tax revenue. This is the rise and fall of the beloved (hated) suburban office park."
"Suburban office parks are a ticking time bomb. Despite millennials doing everything to wipe them out, the suburban office park has endured thanks in part to leases signed before 2020. But once those deals expire, a potential economic disaster awaits, impacting pensions, retirement funds, and communities dependent on commercial property tax revenue. This is the rise and fall of the beloved (hated) suburban office park."
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