Office Owners Tapped Out As Historic Drought Spurs Water-Reduction Needs
Property owners say only more expensive, difficult options are left on the table to deal with drought.
Property owners say only more expensive, difficult options are left on the table to deal with drought.
Texas metros have the greatest number of workers back in the office, but that means offices are still little more than half full.
Amazon's sublease spree continues
But panelists say the Southeast's population growth will continue to fuel tenant demand for the coming pipeline of new space.
Houston is tied with San Antonio in rental averages at $1.42 per square foot, the lowest among Texas metros. That could leave room for rent increases.
With financing drying up, Philly's construction industry is faced with the challenge of holding onto the progress it made over the last two years.
Silicon Valley Bank is setting up shop in South Florida, inking its first-ever lease at The Four Seasons Hotel and Tower, located at 1441 Brickell Ave.
Boston's office vacancy rate in the fourth quarter surpassed that of the dot-com bust, the Great Recession and the height of the pandemic.
Record M&A activity in the data center space has seen QTS, CoreSite, CyrusOne and Switch all acquired for more than $10B in the last year.
Some office space amenities like hot desks haven't done much to lure employees back to the office, either.
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