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.
New leases are hard to come by in Los Angeles, where office users continue to avoid taking new space.
A new life sciences venture capital funding report by Savills spells out the impact of investment declines in biotech.
San Francisco's office vacancy is on track to continue the slide it has been on since the beginning of the pandemic.
While still tight, the market's vacancy rate is more than double what it was last year.
WeWork wants to get out of about 200K SF of leases in Los Angeles and Orange counties.
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.
DFW industrial vacancy hit its highest point since 2011 as millions of square feet of new supply flooded the market.
Dublin sits only behind Prague for office takeup compared with the five-year average, amid strong occupier demand despite high vacanacy rates.
The lower deal volumes follow a bumper period for portfolio transactions in early 2024.
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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