... return to normal activities, when it came to return-to-office, the tension was between employers and business leaders who ... weekly reports at Tesla detailing which employees were in the office, Fortune reported in September. Apart from Musk’s tactics, ...
... services company never moved in — 61% of Denver-area office offered for sublease last quarter was actually in the suburbs ... the northwest and southeast submarkets. This stagnant market has slowed office construction to a crawl. JLL pointed out that only ...
... city officials to fully comprehend the difficult environment commercial office buildings are operating under and the risks to the ... that they say will spur the revitalization of downtown — office-to-residential conversions. But property owners who spoke with ...
... 2019, according to CoStar. The average square footage of an office lease has also dipped considerably over the course of 2022 ... found a significant dip in the length of an average office lease, with tenants increasingly requesting shorter terms. While there ...
... In 2021, roughly 7,400 apartments were created via office conversions. Despite their growing popularity, some submarkets are ... said. Banks feel more comfortable underwriting multifamily projects than office. At the same time, developers can often sidestep ...
... 200K SF in 2019. 2. As the D.C.-area office market continues to experience high vacancies, some developers think the ... the land entitled for residential development more valuable than the office property on it. 3. Despite the slowdown in construction starts ...
... worthwhile, Olivier Elamine, the CEO of Alstria, a European office real estate investment trust, told the WSJ. In a conversion ... 55 Broad St. in the Financial District, a largely vacant office building, into more than 500 apartments. City officials in ...
... . A spokesperson for the Durst Organization said that its Manhattan office buildings were 75% full on Sept. 13, the Post ... reports. Houston has had nation-leading office occupancy rates essentially since the pandemic began, and it experienced ...
... thirds of the pre-pandemic total, according to a VTS Office Demand Index analysis, though demand was actually down compared with ... seasonal norms, however, and doesn't represent a retreat from office occupancy, VTS reports. Boston saw the greatest dip in June ...
... employees the best possible experience when they come into the office,” LaRusso said. “That starts with the commute.” Midtown ... neighborhoods, filled with aging office buildings, have struggled to retain tenants as employers fill ...
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