manhattan skyline
Investment in US commercial real estate dropped by 52% last year, CBRE says.
  • Commercial real estate investment in the US last year dropped 52% to the lowest level since 2012.
  • New York led with $33 billion, trailed by Los Angeles with $30 billion in investment. 
  • Offices logged the biggest decline as the sector continues to struggle with COVID-era remote work trends. 

The US commercial real estate market saw a steep drop in investment last year, with capital flows into the market plummeting by more than 50% to the lowest level since 2012.