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Boston's return-to-work efforts seem to be picking up as vacation season has died down and the Orange Line has reopened.
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Some office space amenities like hot desks haven't done much to lure employees back to the office, either.
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The city of Manassas acquires a prime downtown lot, Princeton opens a D.C. office, Bryant Street Market lands an anchor tenant and more.
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The hottest commercial real estate deals closing in Miami-Dade, Broward and West Palm Beach.
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In a major shift, the world's largest commercial real estate brokerage expects to make more from facility and property management than brokerage going forward.
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Office landlords across the U.S. have been turning to coworking space as a must-have amenity as they try to stay competitive in a tenant's market.
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DFW ended Q2 with 271 coworking spaces, falling just behind front-runner Los Angeles, which grew by 3% in the quarter to 279 spaces.
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CBRE posted $8.9B in first-quarter revenue, up 12% from last year, but executives warned that the fight over tariffs was already causing clients to press pause.
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CBRE CEO Bob Sulentic said customers are no longer waiting for interest rates to come down, which helped the firm boost earnings per share by 47% in Q2.
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The brokerage’s global corporate headquarters will stay put in Dallas.
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