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How the ‘urban doom loop’ could pose the next economic threat

How the ‘urban doom loop’ could pose the next economic threat

Internashonal

How the ‘urban doom loop’ could pose the next economic threat



In Indianapolis, the technology giant Salesforce is paring back a quarter of its office space in the tallest building in Indiana, where it has been a key tenant for the past six years. In Atlanta, the private investment giant Starwood Capital defaulted on a $212 million mortgage on a 29-story office tower. And in Baltimore, a landmark building sold for $24 million last month, roughly $42 million less than it fetched in 2015.



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