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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.
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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.
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Data center rents are way up, the result of higher costs and a tightening pipeline of new capacity coming to market.
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Office market experts say federal agencies have still been slow to return, putting more pressure on the city's office market.
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King Street Properties proposed a new lab development in Allston catering to biotech startups in the area.
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The borough's first supertall, Brooklyn Tower at 9 Dekalb Ave., is being marketed for sale at $600M.
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Tech companies subleasing space amid shrinking headcounts spur sublease availability, while economic headwinds and remote work are crushing demand.
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Miami's traffic is the ninth worst in the world, leading some office occupiers to suburbs where recent development has created mixed-use neighborhoods.
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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.
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Don't miss any of the week's biggest sales, leases, groundbreakings and personnel moves in Atlanta commercial real estate.
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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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