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<br>What Is a CBD Office Market? CBD is a common abbreviation for central business district. This part of a city is also commonly known as downtown, or the city center. Central business districts are characterized by [high-density development](https://www.buzzfeed.com/search?q=high-density%20development) of office buildings, often including government centers and transportation hubs. The "CBD office market" is the term for demand for office real estate in a central business district. In most cities, the central business district represents an important part of the local commercial real estate market. Office space is the mainstay of central business districts, though they may also have tourist attractions, such as museums, sports and entertainment complexes. The real estate market is likely to include businesses that appeal to travelers, such as hotels, retail shops and restaurants. During decades when suburban development was booming, demand declined in central business district markets. In many cities, corporate headquarters relocated from the CBD |
