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Comcast wants to sublease about 10% of its overall office footprint in the U.S. even as it mandates three days a week in person for office employees.
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Hybrid and remote work continues to plague corporate decision-making on office space.
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Recent layoffs from Amazon, Meta, Twitter and others have led to a surge of office space re-entering the market.
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AT&T's latest sublease listing adds to the Bay Area's office woes.
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Another large block of sublease space has been added to the emptying office market in Center City, this time in one of Philly's most recognizable buildings.
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The addition of nearly 600K SF will further stress Atlanta's office sublease market.
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A site in Bracknell could be among the first to see space put on the market.
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Tech companies subleasing space amid shrinking headcounts spur sublease availability, while economic headwinds and remote work are crushing demand.
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Homepoint Financial is the latest in a slew of office users looking for a new tenant to take over their lease in Las Colinas.
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FPM Development will pay $42M over the life of the lease.
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