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Where the Brunt of the Coronavirus Impact Will Be Felt First in the Office Market

Those With Exposure to the Energy and Hospitality Sectors Likely to See Pullback in Demand

Office markets that have a higher concentration of energy companies, such as Houston, are dealing with the double shock of coronavirus and a plunge in oil prices. (iStock)
Office markets that have a higher concentration of energy companies, such as Houston, are dealing with the double shock of coronavirus and a plunge in oil prices. (iStock)

While fears sparked by coronavirus have already been reflected in the volatility of financial markets, the impact on commercial real estate, aside from hotels, will take longer to come into focus.

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