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WeWork New York Headquarters
News

Market Malaise And Schadenfreude: NYC Office Market Digests WeWork's Broken IPO

... the city to 8M SF — nearly 60% of the flexible office inventory in the city, according to Savills' research. Overall, ... , Hines and the Durst Organization have all recently launched flexible office platforms of their own, and industry analysts predict other ...

Oct 02, 2019
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The Lag In Office Leasing Won't Punish CBRE This Year, Execs Say
News

The Lag In Office Leasing Won't Punish CBRE This Year, Execs Say

... leasing to offset continued pressure in the office market," Stearns said. "Within office, we anticipate quicker leasing improvement outside of ... with what CBRE has been trying to do with its flexible office space offering, Hana, which chalked up a $40M loss ...

Feb 24, 2021
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Fact Check: Coworking Is Not Killing The Small Office Leasing Market
News

Fact Check: Coworking Is Not Killing The Small Office Leasing Market

... units flies in the face of anecdotal evidence that the flexible office market in London, which grew by 19% in 2015, 12 ... shorter lease lengths and demand for flexibility.  “The appetite for flexible office product is also at an all-time high which is ...

Jul 16, 2018
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Skanska Buys $177M Back Bay Site, Plans 27-Story Office Tower
News

Skanska Buys $177M Back Bay Site, Plans 27-Story Office Tower

... an ideal location to bring a new, modern and flexible office building to the community,” Skanska USA Executive Vice President ...  comes during the coronavirus pandemic’s crushing impact on office markets, which has left downtown Boston offices with a ...

Dec 04, 2020
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EQ Office Says It Believes In The Future Of Coworking, Brings Industrious To Willis Tower
News

EQ Office Says It Believes In The Future Of Coworking, Brings Industrious To Willis Tower

... big question mark hangs over the flexible office market. Workers have become leery of sharing office space, whether in flex spaces ... signing traditional leases that left it vulnerable to declines in office demand.  "If Industrious is doing well, the landlord ...

Oct 13, 2020
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Coworking Made Up Nearly One-Third Of Manhattan's Office Leases In August
News

Coworking Made Up Nearly One-Third Of Manhattan's Office Leases In August

... , according to CBRE. But if it weren’t for the flexible office leases, CBRE predicts negative net absorption would have been at ...

Sep 19, 2018
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Brookfield-Backed Flexible Workspace Startup Convene Makes London Hires For First Global Push
News

Brookfield-Backed Flexible Workspace Startup Convene Makes London Hires For First Global Push

... communal facilities in buildings, as well as providing coworking and flexible office space. Sparsis joins Convene after six years at private equity ...

Nov 06, 2018
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Blackstone-Backed The Office Group’s Accounts Show You Can Make Money While Expanding In Coworking
News

Blackstone-Backed The Office Group’s Accounts Show You Can Make Money While Expanding In Coworking

... Building in New York.How much does running a successful flexible office business net you when you sell? Accounts for another company ... £249M in cash and £70M in shares. Running a flexible office business well for more than a decade and expanding patiently ...

Jan 28, 2019
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Office's Next Iteration Will Push Boundaries Of Flex Space
News

The Next Evolution Of Office? Service-Oriented, Well-Designed Space

For niche flexible office provider Servcorp, 2017 revealed ... and landlords are moving toward providing more flexible options backed by a service-oriented ... come in the form of adding a flexible workspace operator or implementing amenities through smart ...

Dec 11, 2017
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parking-parking-lot-underground-garage.jpg
News

Office Building Parking Space Needs The Flexibility To Become Something Else

... indoor parking were designed by Gensler to convert into office space in the future, Fast Company reports. Likewise, ... future uncertainty — both in mobility trends and office densities/flexible space," CBRE Americas Head of Office Research Andrea Cross said.

Jan 14, 2019
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