Why This Office Sold for a $18M Loss

Ever wonder what happens when a fancy office building sells for way less than it did just two years ago? Camelback Collective in Phoenix just changed hands for $48M—down from $66M in 2022. That’s a big haircut! It’s a sign that office spaces aren’t the hot ticket they used to be, especially with more people working from home. If you’re eyeing commercial real estate, now might be the time to look for deals! #Business #Market #RealEstate