CBRE: Office Fundamentals To Keep Deteriorating Until Deliveries Slow Down Next Year
Even as office-using companies keep shrinking their footprints, CBRE expects office deliveries to stay near historic highs for the next year.
Even as office-using companies keep shrinking their footprints, CBRE expects office deliveries to stay near historic highs for the next year.
Employers who are looking to get employees back to the office may consider bringing in a corporate wellness program. What can an outside operator offer?
Leasing in Manhattan jumped in January 2023, with tenants signing for 4.4M SF. But availability and asking rents remain consistent, Colliers found.
It isn't yet clear how much office space the company will vacate.
The buildings are in New York City, San Francisco, Boston and Jersey City.
In Miami, office rents are on the up-and-up once again, as direct asking rates spiked by over $1 to $57.18 for Class A and B space.
15 Laight St. spans 108K SF and the building is newly developed.
Hammerson choses offices not BTR for Birmingham John Lewis department store conversion
The tenant that signed the year's biggest lease won't move in until 2026.
Brooklyn is facing many of the challenges of the Manhattan office market, but is seeing some opportunities following the pandemic too.
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