After Coming Up Empty On Office Conversion Deal In Albany, NYC Pushes Renovation Tax Break

Property owners have until Aug. 1 to apply for the Manhattan Commercial Revitalization program.

Tenant Improvement Allowances Growing As Practicality Rules For Office Amenities

Tenant improvement costs increase as landlords lock in tenants for longer terms.

Kenwood Brings Class-B McLean Office To 95% Leased With 7 New Tenants

The Class-B office market saw negative absorption in the third quarter, but appears to be faring better than last year.

Cushman & Wakefield Opening Second Houston Office In Downtown's Texas Tower

Cushman & Wakefield is one of two companies to sign new leases totaling 12K SF in downtown's Texas Tower, developed by Hines and Ivanhoé Cambridge.

Bethesda's Fundamentals Post-Covid Could Help Bring Down Its Elevated Office Vacancy

The submarket has a 22.5% vacancy rate, but it continues to draw midsized leases as office owners work to fill newly delivered space.

BXP To Pay $280M For 27% Stake In Flatiron Office Tower

Boston Properties has reached an agreement with L&L Holdings Co. for a minority stake in 200 Fifth Ave., where Boston Properties will take over operations.

KBS REITs Default On Loan For Portland Office, Suspend Redemptions

The KBS REITs are the latest to restrict investors' ability to withdraw money.

High-End Office Wins Relos, But Baltimore Still Clocks Negative Absorption

Flight-to-quality remains the dominant trend in Baltimore's office market heading into the fourth quarter of 2022.

Harley-Davidson Rides Away From Office Usage, Will Repurpose HQ

The company wants to repurpose its 500K SF Milwaukee headquarters, which it doesn't need as offices anymore.

Long Beach Considering Incentives, Tax Breaks To Jolt Office Market

Sixteen percent of businesses in the downtown now are planning to reduce their space there.