Why The Push To Get Workers To The Office Is A Designer's Dream
Companies are spending millions of dollars on extravagant offices, giving architects and interior designers the chance to try bold, expensive ideas.
Companies are spending millions of dollars on extravagant offices, giving architects and interior designers the chance to try bold, expensive ideas.
Realty Bancorp defaulted on more than $100M in loans attached to the property last year.
Simon Property Group has landed AbbVie as a tenant at One Phipps Plaza.
The owner of One Tower Creek stopped making debt payments in March after a major move-out.
Office stocks fell 2.8% in the third quarter, a more modest drop than the 3.7% decline across the S&P 500, and office REITs outperformed all other sectors.
Office vacancy rates in Philadelphia are stabilizing at around 22% to 24%, according to two new reports.
Vacancy rates for office properties reached 23.9% in the second quarter.
In the third quarter, Boston's office leasing activity rose to 1.1M SF with several notable deals, but it still recorded negative net demand.
Despite Choudhri's years of attempts to hold on to 2425 W. Loop S., a bankruptcy sale is under contract for $27M, court filings this week show.
Landsec said that the lack of new office delivery planned in 2025 means its Timber Square scheme will attract tenants.
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