Yet another Boston office tower sells cheap - this time, it's 99 High St.Synergy acquired a Boston tower for 17% less than its 2005 purchase price, highlighting declining property values in the office market.
What office meltdown? Developers see a shortage of high-end space and are rushing to build it.High-demand for high-end office spaces persists despite a downturn in the overall market, indicating a potential upcoming shortage in new quality office developments.
NYC office market roars back to life, sending tenants scrambling: 'Tighter than it was in 2019'The Manhattan office market is tightening significantly, making it difficult for companies to find space to expand.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supplyDistress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
COVID left a lasting mark on downtowns across New YorkThe office market varies greatly depending on location, with some regions like Saratoga Springs experiencing high demand, while others like downtown Albany are struggling.
Bloomberg widens footprint at 'P.J. Clarke's building' to boost sagging Midtown corridorBloomberg's lease expansion defies work-from-home trends, indicating commitment to physical offices in Midtown despite high vacancy rates.
Yet another Boston office tower sells cheap - this time, it's 99 High St.Synergy acquired a Boston tower for 17% less than its 2005 purchase price, highlighting declining property values in the office market.
What office meltdown? Developers see a shortage of high-end space and are rushing to build it.High-demand for high-end office spaces persists despite a downturn in the overall market, indicating a potential upcoming shortage in new quality office developments.
NYC office market roars back to life, sending tenants scrambling: 'Tighter than it was in 2019'The Manhattan office market is tightening significantly, making it difficult for companies to find space to expand.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supplyDistress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
COVID left a lasting mark on downtowns across New YorkThe office market varies greatly depending on location, with some regions like Saratoga Springs experiencing high demand, while others like downtown Albany are struggling.
Bloomberg widens footprint at 'P.J. Clarke's building' to boost sagging Midtown corridorBloomberg's lease expansion defies work-from-home trends, indicating commitment to physical offices in Midtown despite high vacancy rates.
The Daily Dirt: Lux office space in high demand, but new product lagsSteve Roth believes remote work is declining as workers return to high-end office spaces in Manhattan.
Big-money mortgage defaults dot LA map in 2024Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
Alliance Bernstein: Office Space: Looking Past the Doom andAmericans may not completely abandon offices but will require modern, sustainable spaces with amenities to entice a return.
Deloitte bows out of 113K SF in DTLA, moving to El SegundoDeloitte's departure from Downtown LA reflects a declining confidence in the area’s commercial real estate market.
Downtown office buildings are still struggling - Daily TrojanThe downtown Los Angeles office market shows high vacancy rates and ownership changes due to the shift towards hybrid work models post-pandemic.
Council Post: Leveraging Technology To Effectively Market, Attract And Retain TenantsThe office market is experiencing a revival driven by increased tenant demand and the necessity for effective digital marketing strategies.
Office market looks like it has 'reached a turn' in recovery from pandemicThe U.S. office market shows signs of recovery, with a decline in vacancies and positive net absorption rates.
Big-money mortgage defaults dot LA map in 2024Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
Alliance Bernstein: Office Space: Looking Past the Doom andAmericans may not completely abandon offices but will require modern, sustainable spaces with amenities to entice a return.
Deloitte bows out of 113K SF in DTLA, moving to El SegundoDeloitte's departure from Downtown LA reflects a declining confidence in the area’s commercial real estate market.
Downtown office buildings are still struggling - Daily TrojanThe downtown Los Angeles office market shows high vacancy rates and ownership changes due to the shift towards hybrid work models post-pandemic.
Council Post: Leveraging Technology To Effectively Market, Attract And Retain TenantsThe office market is experiencing a revival driven by increased tenant demand and the necessity for effective digital marketing strategies.
Office market looks like it has 'reached a turn' in recovery from pandemicThe U.S. office market shows signs of recovery, with a decline in vacancies and positive net absorption rates.
S.F.'s office vacancy drops for the first time in over four yearsSan Francisco's office market is beginning to recover, with a slight decline in vacancy rates, mostly driven by tech and AI companies.
Oahu's office market 'showing signs of life' - Pacific Business NewsOahu's office market shows positive occupancy growth and resilience despite national challenges post-Covid-19.
LA office market scraping bottom, bouncing back with new buyersLos Angeles office values plunged due to remote work but may begin to recover as investors see opportunity.Experts suggest a shift towards private investors could signal a recovery in the office market.
Canary Wharf owners' credit rating cut deeper into junk' territoryCanary Wharf's credit rating has been downgraded due to debt concerns and difficulties in attracting workers after the pandemic.
Back to working from the office or still fully remote? Share your storyReturn-to-office mandates exist but are largely unenforced, highlighting a gap between employer expectations and employee compliance.