One Of Houston's Most Recognizable Buildings Is Delinquent On Its Loan — And It Has Company Across Town
Three of the five largest newly delinquent CMBS loans in March were in Houston, including one for TC Energy Center.
Three of the five largest newly delinquent CMBS loans in March were in Houston, including one for TC Energy Center.
While the pandemic hit Houston's office market, its real stability remains tied to the energy industry.
Transaction volume is stalled nationally, with activity trending well below last year's totals.
For retailers that can afford to buy their own space in NYC, new data shared with Bisnow shows that many more are choosing to do so.
CP Group debuted its coworking program in Atlanta and Florida last year.
Despite the doom and gloom, landlords with spec suites are seeing a rise in activity.
Office landlords in the metro area have experienced more than 1M SF of negative absorption in the first half of 2024.
BTU International signed a lease for 57K SF in Westford in a relocation from a Billerica property that is now planned for redevelopment.
Rents for trophy office towers are nearing $50/SF in some parts of Metro Atlanta.
Texas' office market is in trouble and it could be downhill from here.
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