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.
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.
Rents rose for Silicon Valley office even with vacancy and sublease space increasing.
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
Vista plans to make improvements to the building's lobby, common areas, restrooms and front entry.
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.
Companies demand communal space, open floor plans and proximity to talent pools to fuel their growth.
New York Life Real Estate Investors has entered a joint venture with Finland's oldest pension fund.
Leasing and development in Phoenix office will be sustained in the coming years.
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.
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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