... , which are facing elevated debt costs and reduced demand for office space, and prices have slid back since the rally. “There ... they took up during the period, according to Cushman & Wakefield. Office properties continue to be the biggest source of new loan ...
... survey, 65% of companies are enforcing some sort of in-office policy, and these policies affect 1.7 million Americans, according ... was the biggest quarterly jump since Q2 2021. Return-to-office mandates are the reason 10% of Americans are considering selling ...
... shifted away from tech firms, which traditionally have bigger office requirements. Second, occupiers are taking advantage of remote ... preferences have swung toward better buildings. BNPPRE Head of Office Agency Keith O’Neill said hybrid working has caused ...
... , a monthly move driven by the downward trajectory of office valuations. “Transaction volumes are depressed as sizable bid-ask ... Major property owners across the country are trying to offload office properties, usually taking heavy losses when they do. Only ...
... CEO Nick Romito said in a statement. "Thankfully, the office leasing market had its spring awakening — and then some.” All ... day of the workweek, according to Kastle, which tracks office utilization by studying keycard, fob and KastlePresence app access data ...
... that are in a prime position to pursue deals. The office pain has been most acute in Downtown San Francisco. “[Vacancy ... in simultaneously, which could prevent companies from suddenly reducing their office space. “A lot of this is still in the experimental ...
Office occupancy came in at 40.5% of ... measures occupancy in 10 of the nation's top office markets. With all 10 of the markets analyzed gaining ... at 17%. Texas cities report the highest return-to-office levels, according to Kastle, with metro Austin leading ...
... last month, according to a new VTS Office Demand Index that suggests the pent-up need ... . Time is not on the side of office leasing.” Though all major markets saw an ... 10% or less in demand. As the office market tries to recover, those companies still debating ...
... that offices will remain a staple of professional life, office REIT executives admitted that the upheaval to the workplace over ... Morgan Chase Executive Director Anthony Paolone told Bisnow. Most major office REITs saw income and cash flows, or funds from ...
... the most positive absorption, Colliers Director of National Office Research Stephen Newbold said. Sublease availability contracted from ... urban conversion is more difficult. When a suburban office park is obsolete, it is relatively straightforward to tear ...
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