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Springfield, MO
New commercial real estate development contributed $2.5 trillion to the U.S. economy in 2023, according to the newly released Economic Impacts of Commercial Real Estate research study.
The study conducted by the NAIOP Research Foundation found direct expenditures in the industry came to $913.1 billion last year.
“Overall, commercial real estate continues to be a vibrant and important contributor to the nation’s economy,” said Marc Selvitelli, president and CEO of NAIOP, in a Connect CRE article.
Read more from Connect CRE.
BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.