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Schwab Network

From Office Bust to A.I. Demand: A New Trade in Commercial Real Estate

8 min17 april 2026

Barry DiRaimondo, CEO of SteelWave, discusses how collapsing office valuations on the West Coast are creating opportunity through asset repurposing. He highlights renewed leasing demand driven by A.I. and defense spending, a pending shift from credit to equity deployment, and long‑term potential in residential conversions and infill industrial properties.


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