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- 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.