Office Landlords Consider Demolitions As Conversion Challenges Mount

Offices vacancy is 20% in New York City and higher in other cities, and many owners are struggling to make conversions work.

Available U.S. Office Space Tops 1B SF For First Time

The overall availability rate in the U.S. passed 23% in the first quarter.

Raising Cane’s Triples Its DFW Footprint With Acquisition Of Plano Office Campus

The new business park location will help support company growth. The chain expects to double its national footprint over the next six years.

Philly Office Buildings Losing Value, But It 'Could Be Worse'

Philadelphia's offices are losing value, but not as fast as other cities. The distress could be more widespread, though.

Companies That Don't Mandate Office Attendance Grow Revenue Faster, Study Finds

A Boston Consulting Group study shows companies that require office attendance, even with hybrid work, had lower sales between 2020 and 2022 than other firms.

Costco Buys Dallas Office Building Out Of Bankruptcy, Plans Multimillion-Dollar Rehab

The members-only retailer has been snapping up office buildings nationwide.

Adams Reportedly Directs Agencies To Cut City’s 550-Property Office Footprint

The city is the largest property owner in the five boroughs, owning or leasing more than 17,000 properties.

Office Usage Reaches Highest Mark Since March 2020

The 50.5% rate surpassed the previous pandemic-era high of 50.4%. All tracked cities saw office usage upticks except for Dallas, Houston and San Jose.

Office-To-Industrial Projects Plow On In SoCal Despite Obstacles, Shifting Market

The projects are often up against multiple challenges, including zoning and picky neighbors, but they can be attractive for the right owners.

San Francisco Office Landlords Hope 'Flight To Experience' Lures New Tenants

San Francisco landlords are providing a flight to experience and hotelesque amenities to sign new leases as tenants retain control of the office market.