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Economic Uncertainty, Hybrid Work Lead To Record-High Availability In LA Office Market
New leases are hard to come by in Los Angeles, where office users continue to avoid taking new space.
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New leases are hard to come by in Los Angeles, where office users continue to avoid taking new space.
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A new life sciences venture capital funding report by Savills spells out the impact of investment declines in biotech.
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San Francisco's office vacancy is on track to continue the slide it has been on since the beginning of the pandemic.
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While still tight, the market's vacancy rate is more than double what it was last year.
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WeWork wants to get out of about 200K SF of leases in Los Angeles and Orange counties.
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New industrial will deliver into a weakened market, a new hotel is on the way in Center City, plus more in this week's Philly Deal Sheet.
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DFW industrial vacancy hit its highest point since 2011 as millions of square feet of new supply flooded the market.
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Dublin sits only behind Prague for office takeup compared with the five-year average, amid strong occupier demand despite high vacanacy rates.
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The lower deal volumes follow a bumper period for portfolio transactions in early 2024.
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The huge corporate Dalata deal helped propel the Irish hotel market to a record year, and strong demand should support further growth, Savills said.
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