Office Tenants Are Renewing Leases—but for Far Less Space

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Office Tenants Are Renewing Leases—but for Far Less Space
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A record 217 million square feet of sublease space is also weighing down office values.

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https://www.wsj.com/real-estate/commercial/office-tenants-are-renewing-leasesbut-for-far-less-space-b27d5b7eThe skyline of downtown Houston. Many companies are shrinking space because of hybrid workplace policies and as their businesses evolve.

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