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Starwood Barry Sternlicht Says Real Estate Health Is Tied To Tech

by bloomberg.com posted 1month ago 20 views
The fate of U.S. office markets is intertwined with that of the biggest technology companies, Starwood Capital Group Chairman Barry Sternlicht said. “When you look at things like office absorption in this country, 40 percent is like 10 companies -- they are the office market,” Sternlicht said at a conference sponsored by the NYU Schack Institute of Real Estate in New York on Wednesday.

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