Values Of 2 Downtown LA Office Towers Plummet
The latest appraisals on EY Plaza and Bank of America Plaza suggest values have dropped more than 60% on both properties.
The latest appraisals on EY Plaza and Bank of America Plaza suggest values have dropped more than 60% on both properties.
1625 Eye St. NW has 92K SF of availability, with the largest block, 31K SF, on the second floor.
Tariffs are already adding to build-out costs, but trophy office owners are already finding workarounds like upcharges and supply chain shifts.
Investors did 16 office deals in Q1 2025 as buyers acted on distressed assets, signaling renewed confidence in the market’s long-term value.
Through the end of the third quarter, Alphabet paid $607M in an impairment charge to shed office properties it no longer needs.
Ironically, tenants' demand for Class-A space coupled with a dearth of new office development could soon lead to a space crunch.
The largest cut was a lease for the U.S. Department of Health and Human Services in Chamblee.
Office Properties Income Trust is facing leasing struggles as the U.S. government, its largest tenant, cuts back on office space.
After BXP closed a new office construction deal with two law firm preleases, D.C. developers are now working to replicate its success.
The city has released preliminary property assessments for fiscal year 2025 showing that most of Boston's biggest office towers are facing declines in value.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.