Tech Layoffs Propelling Office Sublease Market To Record Highs
Recent layoffs from Amazon, Meta, Twitter and others have led to a surge of office space re-entering the market.
Recent layoffs from Amazon, Meta, Twitter and others have led to a surge of office space re-entering the market.
A new Savills report shows Houston has the highest square footage per attorney in the U.S., while many Houston law firms are expanding or upgrading offices.
The Bay Area's office struggles continue across the various metros as 2022 rolls on.
Conversions are already putting a meaningful dent in office vacancies downtown while also opening up living space for a growing number of new residents.
Office occupancy ticks up, but still isn't in positive absorption territory.
ADP is planning to relocate its office space next year.
GFP, Metro Loft and Rockwood are negotiating with the building's lender and owner to take over the property in a deed-in-lieu-of-foreclosure transaction
The third quarter of 2022 was 12% more active for Manhattan office leasing than the typical pre-pandemic Q3, according to Savills.
Event company Convene expanding into San Francisco with a coworking space in a former Macy's.
The IAFC is relocating from Chantilly to be closer to public transportation as it adjusts to a post-pandemic recovery plan.
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