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The Independent UK
The Independent UK
World
Mike Bedigan

US office buildings selling for dirt cheap after Covid recovery never came

Office buildings across the U.S. are selling at knockdown prices after the commercial real estate market’s recovery in the wake of the Covid-19 pandemic never materialized.

Some spaces have devalued by as much as 90 percent, according to The Wall Street Journal, forcing private owners, and even the government, to swallow multi-million dollar losses.

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