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Commercial Observer talks with commercial real estate industry leaders about the increase in bidding wars for corporate office space. As the AI and residential conversion booms make available high-quality office space scarce, companies across all sectors are willing to pay for high-quality office space, even at the Class B level, which has led to many bidding wars this year. Max Koeppel, Director of Leasing at Koeppel Rosen, and Craig Deitelzweig, President of Marx Realty, provide expert commentary.
Read the full story in Commercial Observer or at the linked PDF.