... quarter. The leasing boost may reflect increased confidence in office usage, with workplaces in June posting their best foot ... underway, JLL Research Manager Jacob Rowden told Bloomberg. Office values continue to deteriorate while some markets break vacancy ...
... The Wall Street Journal reports, with a particular focus on office properties in New York. During Q1 2023, investors acquired about ... quality assets. The squeeze on valuations is particularly acute for office properties, but that isn't the only asset class ...
... ," Bilotto said. “Against a challenging backdrop for traditional office assets, this merger provides OPI access to stabilized cash ... , Massachusetts. Investors have pummeled the share prices of office REITs, beginning with the onset of the pandemic and ...
“The idea is that an office building whose occupancy drops that low is liable to struggle ... & Wakefield, said while there is trouble ahead for Los Angeles office buildings, she thinks that worst-case scenarios won’t play ...
... and replacing them with residential units. Only specific office properties lend themselves to that reuse. Bonilla-Verdesoto, ... ." Ceiling heights represent another primary consideration in converting office buildings. A building suited to an overhaul into ...
... we will see additional distress on the horizon in office,” Will Hendrickson, senior managing director of Granite Properties, said ... what happened in the ’80s.” Some owners of distressed office stock are considering conversions to multifamily. In the downtown ...
... reached after the loans were sent to special servicing. With office values dropping precipitously across New York and nationwide, lenders are ... the hopes that conditions improve in a couple of years. Office sales happening this year are more likely than not a ...
... converting Long Island City warehouse buildings to office buildings because the office market in Manhattan was just getting too ... to believe in the long-term potential for commercial office growth outside of Manhattan,” RXR Executive Vice President ...
... made in the weeks ahead of Staples’ attempt to buy Office Depot, which ultimately made him nearly $400K in profit, according ... to a request for comment. Charnas began trading in ODP, Office Depot's parent company, in December 2020. On Dec. 14 ...
... stabilisation in rents underscores the strength of Dublin’s commercial office market," HWBC Investment Director Iain Sayer said. "The ... that firms are investing in their future through their office footprint.” Suburban activity was more subdued as rents ...
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