... center and residential properties, with this deal marking its first office property. As of now, the plans for the building ... rolled out last fall to incentivize landlords to convert downtown office buildings into more housing through tax breaks. The push ...
... leasing, Duncan McCuaig, said. Vacancy rates in NYC trophy office properties are roughly half the overall vacancy rate — hovering ... lose workers to competing employers if their return-to-office mandate is too strict, is generating difficulty for landlords ...
... , which had been planning to redevelop the two-story office property since 2015, sold it to a partnership led by ... the changes, eliminating a residential tower and scaling back the office square footage. Fairfield Residential is an investment, management and ...
... However, the fact McHenry Row provides relatively new Class-A office space — it delivered in phases starting in 2012 — a ... Collective development in Canton as prime examples of where city office spaces remained in high demand. Both projects feature ample ...
... 2023 has seen an increase in return-to-office mandates, with 2 million workers under an in ... About 42% of businesses had a return-to-office mandate as of May, according to a Gartner ... don’t want to come back to the office, and more than half of employees don’ ...
... that starts with a rate of $120 or $110.” Suburban office parks captured the three largest new leases in Q4, according ...
... sales conducted last year, CoStar reported. Sales of office properties with the pressure of an impending securitized mortgage ... occupied. In a market with so little interest for office acquisitions, the buildings themselves are often becoming something of ...
... nationwide mask the fact that a disproportionate amount of empty office space is concentrated in a relatively small percentage of ... individual vacancies as the “older-vintage commodity segment of the office market,” with offices built in the 1980s and 1990s ...
... work policies. The almost universal deprecation of the office-to-residential conversion idea by real estate professionals ... that sales pitch will likely exclude widespread conversions of office space into housing despite recent policy enactments. "That ...
... route. Rather than develop a portfolio of nonstandard office properties, Office Properties Income Trust in April agreed to acquire ... another take on the pivot away from pure office plays. Incorporating office uses into mixed-use developments is seen ...
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