Yahoo Finance
1 month agoAmazon Deals Another Blow to Already Beaten Down Office Market, Breaking Leases to Cut $1.3 Billion in Expenses
Amazon plans to reduce office vacancies by ending leases early and downsizing, aiming to save $1.3 billion.
The Covid-19 pandemic has significantly impacted the commercial real estate market, leading to high vacancy rates and reduced demand for office space. [ more ]