Not surprisingly, San Francisco landlords are taking the biggest hit.
After a lag, the work-from-home revolution is finally starting to show up in the data for office building rental rates.seem to be driving the durability of the WFH lifestyle — have been hit the hardest.
On the other hand, markets like Raleigh, Boston and Minneapolis — which have a higher concentration of health services, biotech and life science employment — seem to be faring well. Whether the issues in the office market worsen due to balance-sheet stress at regional banks.
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