U.S. Patent Office Emptying 800K SF Of Offices At Its Massive Headquarters
The USPTO is handing back a third of its campus at a time when office owners have learned the GSA can't be counted on to save a troubled office market.
The USPTO is handing back a third of its campus at a time when office owners have learned the GSA can't be counted on to save a troubled office market.
Office buildings today need any advantage they can get in the work-from-home age. LEED certification seems to be one that can tip the scales.
Corporate real estate professionals say office tenants will seek less space as a result of hybrid work, per a new survey from CoreNet and Colliers.
The California-based owner was forced to give up the property after defaulting on its loan.
A look at some of the biggest office leases signed in the Baltimore metro area in 2022.
A German fund and an American one joined to pay $1,100 per SF for the property.
Companies want shorter lease terms and smaller spaces as office uncertainty persists.
Even though office building owners have increasingly acknowledged the widespread loss in value for the asset class, not even distressed-asset buyers are biting.
Companies are investing more into coworking spaces as part of their office strategy, helping some operators expand their footprints this year.
CEO Marc Benioff said the company hired too many people.
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