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Construction on Capital One Center in Tysons
News

Office Conversions, New Transit Hubs And A Candy Utopia: The Latest In Tysons

... 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 ...

Mar 16, 2023
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The office building at 1425 New York Ave. NW
News

Office Values Have Further To Fall Before Residential Conversions Start Picking Up Speed

... 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 ...

Oct 04, 2022
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Office Leases Are Shrinking In Size And Length
News

Office Leases Are Shrinking In Size And Length

... 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 ...

Nov 08, 2022
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office lobby crowded lobby stock photo
News

Office Occupancy May Have Jumped After Labor Day After All

... . 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 ...

Sep 19, 2022
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Architecture, building, office, office tower, downtown city, reflection and tower
News

Office Occupancy Crept Up Last Week To New Post-2020 High

... 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 ...

Jul 27, 2022
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New York City, traffic
News

Office Owners Applaud, Small Landlords Fret As New Yorkers Await Congestion Pricing Plan

... 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 ...

Sep 01, 2022
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Office Occupancy Hits 44%, Its Highest Point Since The Pandemic Began
News

Office Occupancy Hits 44%, Its Highest Point Since The Pandemic Began

... efforts to get workers back in the office. Average office occupancy in 10 major U.S. ... weekend.  Metro Austin leads the country in office occupancy at 61.3% and remains the ... less likely to have returned to the office in cities that had longer average commutes, ...

Jun 15, 2022
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Office Depot located at 6600 North Military Trail in Boca Raton, Fla.
News

Office Depot's Headquarters To Be Sold By Parent Company

... . The ODP Corp., the parent company of Office Depot and OfficeMax, has agreed to sell its ... Group are the buyers of the 650K SF office campus that sits on 28.9 acres ... the pandemic took a bite out of the office supply business. It closed 71 retail locations ...

Aug 25, 2022
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coworking, collaboration, Millennials, coworkers, employees, open office
News

Office Timesharing On The Rise As Companies Lock In Hybrid Schedules

... hospitality industry. Some 35% of Codi’s customers lease an office for fewer than five days a week, CEO Christelle Rohaut ... Builder plan on requiring employees to report back to an office at least part of the week in 2023. Many companies ...

Oct 24, 2022
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Downtown Toronto tower office
News

Office Demand Down Slightly As Many Head Into Work Just Once A Week

... Index tracks in-person and digital new tenant tours of office space.  That decline, though slight, is contrary to the “seasonal ... not planning for their employees to come back into the office full time,” VTS Chief Strategy Officer Ryan Masiello said. Two ...

May 25, 2022
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