Innovation is good for commercial real estate. In this case, not innovation within the industry itself — a good idea on its own — but because when it happens in other industries, companies form and grow and all need space.

Existing centers like San Francisco remain important, given established companies, spin-offs, university resources, pools of talent, and investment capital. New York, Boston, Tokyo, London, Seoul, Singapore, Shanghai, and Paris have also been important.


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Erik Sherman

GlobeSt

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