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Record-Breaking Law Firm Leasing in US Shows Promising Office Space Recovery in 2023
Law firms in the US are leasing record-breaking amounts of office space, signaling a promising recovery in the market. Savills' report reveals a 22% increase in leasing activity in 2023 compared to 2022, with major markets like New York and Washington, D.C. witnessing notable lease agreements. This surge indicates a trend towards normalization, as law firms recognize the long-term need for office spaces. As the demand for office space continues to grow, the commercial real estate sector is expected to revitalize.
Hayward Home Sale Hits Record $2.4M, Average Price at $1.4M
Discover the recently sold houses in Hayward, with a record-setting sale of $2.4 million. Explore the high-demand real estate market and find your dream home.
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Record-Breaking Law Firm Leasing in US Shows Promising Office Space Recovery in 2023
Law firms in the US are leasing record-breaking amounts of office space, signaling a promising recovery in the market. Savills' report reveals a 22% increase in leasing activity in 2023 compared to 2022, with major markets like New York and Washington, D.C. witnessing notable lease agreements. This surge indicates a trend towards normalization, as law firms recognize the long-term need for office spaces. As the demand for office space continues to grow, the commercial real estate sector is expected to revitalize.
