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Second Chance: Conversions give new life to old office buildings

The Weekly Take from CBRE

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Adaptive Reuse

There's adaptive reuse or ground up. So notwithstanding the macro issue that we're all too keenly aware of the shortage of housing, there's competition out there. I'm on the market currently with a building in downtown Cincinnati, 200,000 square feet. And it's a unique project because the sky lobby starts on the 15th floor. The traditional office buyers are very skeptical right now. They're waiting for some signals of the market coming back, absorption.

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