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This Time, Corporate Executives Mean Business On The Return To Office
News

This Time, Corporate Executives Mean Business On The Return To Office

... should be spending more time in the office. Companies have been trying to lure ... Street Journal reports. The return to the office has been sluggish in major cities, where ... to elect to work remotely on a flexible schedule, marking a tougher stance than has ...

Sep 06, 2022
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Tech job cuts
News

Meta Bails Again: Silicon Valley Office Back On The Market After Meta Pulls Out

... its lease at a two-building, 457K SF Silicon Valley office complex previously leased by WeWork, The Real Deal reported. Meta ... month, Meta terminated an office lease in Manhattan and said it would freeze hiring. Meta is very flexible about where its employees ...

Oct 12, 2022
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More Meta Office Shrinkage Likely As Company Freezes Hiring, Adapts To Remote Work
News

More Meta Office Shrinkage Likely As Company Freezes Hiring, Adapts To Remote Work

... since 2020. The company has a very flexible policy about where its employees work, the ... -face over the last year, shrinking their office footprints. Airbnb gave up 150K SF in ... has also put roughly 300K SF of office space up for sublease in the Silicon ...

Oct 05, 2022
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Baker Hughes To Massively Downsize Office Space As Hybrid Work Takes Hold
News

Baker Hughes To Massively Downsize Office Space As Hybrid Work Takes Hold

... Resources Officer Deanna Jones told the Chronicle. The new office is designed for that hybrid model and will incorporate collaborative ... create a work environment for our people that is modern, flexible and innovative,” Jones told the Chronicle. “We all know ...

Aug 18, 2022
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BP Review Could See Office Space Cut By 50% Worldwide
News

BP Review Could See Office Space Cut By 50% Worldwide

... countries, and 50,000 of those could begin utilising flexible working practices and working from home more regularly.  A ... the review would result in fewer permanent office desks for individuals but more flexible meeting areas and collaborative team working ...

Aug 12, 2020
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Democratic Candidates Ramped Up Office Leasing Ahead Of Iowa Caucuses
News

Democratic Candidates Ramped Up Office Leasing Ahead Of Iowa Caucuses

... calculate the amount of money each campaign spent on flexible office providers like Knotel, WeWork and Regus. That ... 2019, campaigns spent over $550K combined on these flexible office providers. Some of these companies offer traditional coworking spaces ...

Feb 02, 2020
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UK Broker Breaks Ranks, Says UK Occupiers Will ‘Dramatically Reduce’ Office Space
News

UK Broker Breaks Ranks, Says UK Occupiers Will ‘Dramatically Reduce’ Office Space

... less — but better quality — space. While the best office space will undoubtedly continue to attract occupiers, those with ... opportunities, but it will require a creative, agile and flexible approach from both landlords and planning authorities.  The survey ...

Jun 23, 2022
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The office building at 1875 Pennsylvania Ave. NW that WilmerHale will vacate in 2022.
News

D.C. Office Owner Cuts Asking Rent In Half As Anchor Tenant Prepares To Vacate

... per SF while offering no concessions and a flexible lease term. Average asking rents in the ... can have a more flexible lease term and occupy a Class-A office building for an ... focus on low net rent leases with flexible exits is working, and we are signing ...

Jul 22, 2020
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Making The Right Technology Decisions Now Is The Only Way To Future-Proof An Office Portfolio
News

Making The Right Technology Decisions Now Is The Only Way To Future-Proof An Office Portfolio

... technology, and no one knows this more than EQ Office, a Blackstone portfolio company that focuses on creating inspiring ... “Their real estate strategies need to accommodate shorter and flexible terms as required by their business.” Tenants are seeking ...

Jul 21, 2022
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Pressures Facing The Office Sector Will Create A Very Different Definition Of Prime
News

Pressures Facing The Office Sector Will Create A Very Different Definition Of Prime

... between landlords and tenants are under extreme pressure. Although office tenants have paid more rent during the coronavirus pandemic ... have been putting pressure on landlords to have more flexible leases. Lease lengths have been falling, a trend that ...

Feb 22, 2021
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