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The narrative around workers abandoning cities and urban cores as the COVID-19 pandemic shook the US economy was exaggerated, according to a new analysis from Cushman & Wakefield. 

Migration occurred, to be sure, but “the data does not support a mass exodus of companies from urban cores and city centers,” writes David Smith, head of Occupier Insights, Global Research at Cushman & Wakefield.  “While leasing is down everywhere, the CBD continues to be a desirable location for occupiers attracting and retaining knowledge economy talent.”

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