Empty office buildings in suburban NJ. Photo: Carmen Natale/ALM Ballard Spahr Announces Distressed Office Space Group, Eyes Warming RE Deal Market
The new team is an offshoot of the firm's distressed assets and opportunities group, launched in 2022 to address fallout from the pandemic, and its distressed real estate group, created in response to the 2008 Great Recession.
May 25, 2023 at 04:05 PM
4 minute read
Real Estate
Ballard Spahr is proactively looking to capitalize on the growing amount of empty office space across the nation, forming a distressed office buildings team to help landlords and investors navigate maturing loans, a strained financial market, and redevelopment opportunities.
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