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News

Office Leasing Decisions Still On Pause As Tenant Demand Stagnates, Per New Report

... delay leasing decisions amid the slow return to the office.  The VTS Office Demand Index, which tracks in-person and virtual ... comes as many employees are still working remotely, with daily office usage remaining well below pre-pandemic levels. According to ...

Jun 29, 2022
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Office-To-Life Sciences Conversions On The Rise Despite Hurdles
News

Office-To-Life Sciences Conversions On The Rise Despite Hurdles

... Bay Area is often the entitlement process, and converting from office to life sciences eliminates this.  The cost and logistical ... and secured $124M in financing in order to redevelop an office building into a suitable life sciences space. Doering said  ...

May 16, 2022
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office workers
News

Office Occupancy Hits Pandemic High-Water Mark

... nationwide Kastle barometer figure shows nearly 60% of pre-pandemic office workers still haven't returned to in-person work. Many ... Business Times reports. Another bellwether for the return to the office is federal workers, most of whom are expected to return ...

Apr 06, 2022
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Empty Office
News

Office Usage Slowly But Surely Recovering, While Demand Stays Put

... hasn’t gone above 61% of pre-pandemic demand.  Some office watchers weren’t surprised by the disconnect between occupancy and ... Still, that isn’t necessarily a reason for concern from office owners. “Many companies planning for hybrid work are expecting most ...

Feb 23, 2022
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Office Owners Tapped Out As Historic Drought Spurs Water-Reduction Needs
News

Office Owners Tapped Out As Historic Drought Spurs Water-Reduction Needs

... ll be able to make that money back. As the office market remains challenging, property managers, landlords and developers are ... like San Francisco’s East Bay, where landscaping for large office campuses and complexes is often an attractive selling point, ...

Jun 10, 2022
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office towers
News

Office Occupancy Ekes Out Gains As Demand Dips

... sentiment to continue to materially impact demand for office space.” Other office observers are more optimistic about the outlook for ... rather than square footage. The increasing densification of the office of the 2010s, in other words, has reversed, ...

Jan 26, 2022
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office towers
News

Office Deliveries In 2022 To Exceed Pre-Pandemic Average

... in 2023, according to a new report on U.S. office construction by Cushman & Wakefield.  The total for this year ... demonstrating a strong bias for the highest quality, newly constructed office projects across major U.S. and Canadian markets," Cushman & ...

Feb 24, 2022
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Debt
News

Office And Retail Lending Bounces Back In Q1, But Beds Still Dominate

... for new debt relating to office and retail acquisitions and refurbishments ... the monetary value of requests submitted for office and retail assets via FinLoop saw an ... 9% of the total volume recorded; for office assets the figure for deal volume reached 21 ...

Apr 20, 2022
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Office Properties Aren't Joining Commercial Real Estate's Valuation Bonanza
News

Office Properties Aren't Joining Commercial Real Estate's Valuation Bonanza

... slowing growth for the sector, RCA reports. Whereas suburban office properties were quicker to start recovering from the worst of ... givebacks. In January, delinquency among CMBS loans tied to office properties ticked up to its highest level since June 2020 ...

Feb 28, 2022
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office workers
News

Office Occupancy Hits New Pandemic-Era High

... -pandemic levels, respectively, have the most heavily trafficked office buildings, while San Francisco saw occupancy hit a pandemic ... all recently announced delays of returning workers to the office until next year. With many companies establishing permanent ...

Dec 09, 2021
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