A 'Choppy' South Florida Office Market Sees Sales Volume Fall As Prices Rise
The region has seen the number of deals slow to a trickle but high-quality asset sales have pushed up the amount of cash trading hands.
The region has seen the number of deals slow to a trickle but high-quality asset sales have pushed up the amount of cash trading hands.
Data center rents are way up, the result of higher costs and a tightening pipeline of new capacity coming to market.
Office market experts say federal agencies have still been slow to return, putting more pressure on the city's office market.
King Street Properties proposed a new lab development in Allston catering to biotech startups in the area.
The borough's first supertall, Brooklyn Tower at 9 Dekalb Ave., is being marketed for sale at $600M.
Tech companies subleasing space amid shrinking headcounts spur sublease availability, while economic headwinds and remote work are crushing demand.
Miami's traffic is the ninth worst in the world, leading some office occupiers to suburbs where recent development has created mixed-use neighborhoods.
The list includes Lego, Deloitte, Amazon and MFS Investment Management, which took the top spot by renewing its 300K SF lease at 111 Huntington Ave.
Don't miss any of the week's biggest sales, leases, groundbreakings and personnel moves in Atlanta commercial real estate.
With millions of square feet of vacant and sublease space in the market, Boston real estate leaders are calling on government officials to help find a solution.
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