8% Of U.S. Office Buildings Are Taking Basically All The Tenant Activity
Any building older than 10 years, or about 92% of the office market, is all but out of luck attracting leasing activity.
Any building older than 10 years, or about 92% of the office market, is all but out of luck attracting leasing activity.
Growing international interest plus imbalanced supply and demand have created an uber-competitive market for restaurant real estate in Houston and elsewhere.
The commercial real estate industry in Texas is more impactful to the state economy than anywhere else in the nation.
Stripe is to relocate its head office to Iput's Wilton Park, while CBRE Ireland has reported an uptick in office deals in Q2 amid positive market signs.
Rising parking costs are helping hotel operators boost revenue even as room occupancy lags behind prepandemic levels.
A loan backing 10 Silicon Valley mixed-use properties defaulted in June.
As hybrid work evolves into the norm for many companies, solutions to optimise the working week and rents are leading to new models.
Despite the absorption bump, CBRE is projecting negative absorption for the next few quarters.
Six Massachusetts agencies are relocating to the One Federal Street tower that was vacated by Iron Mountain.
"There's still a lot of empty buildings," one developer said as the market attempts to absorb the deluge of new space.
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