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Philly's Suburban Office Market Outperformed Downtown In Q3
Major companies giving back space and slow leasing made for a slow third quarter in Philadelphia, while space scarcity is driving success in the suburbs.
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Major companies giving back space and slow leasing made for a slow third quarter in Philadelphia, while space scarcity is driving success in the suburbs.
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Rents rose for Silicon Valley office even with vacancy and sublease space increasing.
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While the CBD and East End experience rising office vacancy and falling rents, the opposite is occurring in emerging markets like NoMa and Capitol Riverfront
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Vista plans to make improvements to the building's lobby, common areas, restrooms and front entry.
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2000 Market St. and 1600 Market St. are both up for sale, with the former offered up by Gemini Rosemont Realty and the latter by Equity Commonwealth.
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Companies demand communal space, open floor plans and proximity to talent pools to fuel their growth.
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New York Life Real Estate Investors has entered a joint venture with Finland's oldest pension fund.
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Leasing and development in Phoenix office will be sustained in the coming years.
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Toronto's tech boom has led to a prohibitive rise in office leasing prices. The tight market has opened the door for many companies to own rather than rent.
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Two more office assets have sold in downtown San Diego, the DiamondView East Village office tower for nearly $202M and 1420 Kettner Blvd.
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