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Everyday expenses are rising so much that they're affecting the viability of properties.
The least affected sector is industrial.
The co-working firm has defaulted on $240 million loan for 600 California Street.
There was a 5.1% annualized rate of decline from the first to the second quarter.
June was the fifth consecutive month of annual rent growth of over 7%.
The company's technology is a spray that seals the inside of duct work to reduce energy use.
The Downtown office trophy is now worth $270M. It was $623M in 2021.
It displaced Midwestern Kansas City, Mo., from the top perch.
Helping drive profits was a 'record rent change.'
There will be 3,600 distressed deals during the next two years from which to choose.