2023 was a challenging year for commercial real estate, driven by sharply rising interest rates, economic uncertainty and continued slow progress on return-to-office plans. Join us as we look back at everything from market conditions to labor issues to office amenities to emerging technologies and more.
Insights to Share:
· The commercial real estate market in 2023 was challenged by sharply rising interest rates, but fundamentals largely held up, aside from the office sector.
· Technological advancements, particularly artificial intelligence (AI), played an increased role, especially in Data Centers but elsewhere as well.
· U.S. seaports made strides in solving pandemic-era bottlenecks and other challenges.
