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.
Hybrid and remote work continues to plague corporate decision-making on office space.
Recent layoffs from Amazon, Meta, Twitter and others have led to a surge of office space re-entering the market.
AT&T's latest sublease listing adds to the Bay Area's office woes.
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.
The addition of nearly 600K SF will further stress Atlanta's office sublease market.
A site in Bracknell could be among the first to see space put on the market.
Tech companies subleasing space amid shrinking headcounts spur sublease availability, while economic headwinds and remote work are crushing demand.
Homepoint Financial is the latest in a slew of office users looking for a new tenant to take over their lease in Las Colinas.
FPM Development will pay $42M over the life of the lease.
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