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Boston's office vacancy rate in the fourth quarter surpassed that of the dot-com bust, the Great Recession and the height of the pandemic.
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One of the world's largest brokerages is joining the growing list of companies attempting to shed space in Chicago.
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Durst filed the lawsuit against Bank of America and law firm Akin Gump Strauss Hauer & Feld, both tenants at its flagship tower One Bryant Park.
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DC Blox is upgrading its headquarters to an office tower in Central Perimeter.
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In the third quarter, the market saw 400K SF of net new sublease space added to the market and 1.5M SF of new space deliver vacant, according to JLL.
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The listing comes as its landlord has defaulted on a loan backing the building.
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Read about the latest transactions in Chicago commercial real estate this week.
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Chemonics International, which kick-started the latest phase of The Yards with a full-building lease, is looking to give back space due to hybrid work.
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Manhattan had 22 new sublet listings of at least 15K SF in the fourth quarter, according to a Savills report.
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The financial services company put its 245 Summer St. space up for sublease as it plans to move into a new Seaport office next year.
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