• Thu. Apr 18th, 2024

Economic Woes Curtail Commercial Real Estate Investment Activity in San Jose

Bynewsmagzines

Jun 9, 2023
Economic Woes Curtail Commercial Real Estate Investment Activity in San Jose

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Commercial real estate sales volume in the San Jose/South Bay region sank to its lowest level since the Great Recession in the first quarter of 2023. All sectors saw a reduction in activity, as persistently high interest rates and recessionary economic concerns spooked buyers.

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