... route. Rather than develop a portfolio of nonstandard office properties, Office Properties Income Trust in April agreed to acquire ... another take on the pivot away from pure office plays. Incorporating office uses into mixed-use developments is seen ...
Sana Syed, senior director of strategic initiatives at the Inner-City Muslim Action Network, has worked extensively on the Go Green on Racine project, an equitable neighborhood development initiative at the intersection connecting the Englewood and West ...
... most markets. Corporate policy demanding that workers return to the office have ramped up and could be contributing to the increase ... recorded gains, though more modest ones. Houston, the most-occupied office market — and the only one over 60% — was up to ...
... sales conducted last year, CoStar reported. Sales of office properties with the pressure of an impending securitized mortgage ... occupied. In a market with so little interest for office acquisitions, the buildings themselves are often becoming something of ...
... unfortunately reflective of where the market currently is for commercial office properties,” Piedmont CEO Brent Smith said during an earnings ... the same period last year. Piedmont owns a 17M SF office portfolio valued at an estimated $5B. The REIT operates ...
... experiencing similar hits. Those prices, along with stubbornly sluggish office occupancy, made for a less-than-buoyant mood on ... said. Vornado President Michael Franco took a similar stance, describing office negativity as a "whipping boy" for the media. " ...
... 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 ...
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