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The president-elect and his allies have signaled that cutting federal employees and moving agencies out of D.C. could be on the agenda.
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Newer office buildings have a big advantage in efficiency and weather resilience, putting more properties in stormy locales like Houston in the danger zone.
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“There's something classic and powerful about the address. That matters for people,” said developer Winston Fisher as leasing surges on Park Ave.
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A busy summer for brokers and office landlords saw availability drop below 19% for the first time since 2021.
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Miami saw 780K SF of third-quarter activity, mostly from tenants in the market, and the long-awaited 830 Brickell office tower finished construction.
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As new office development dwindles, Cousins CEO Colin Connolly said new build-to-suit towers may soon be coming.
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Experts interviewed by Bisnow said a Business Improvement District in the Loop could be an effective measure to inject life into the struggling downtown.
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The submarket has several buildings that were revamped in recent years, yet the demand for Class-A office doesn’t seem to be spilling into the market.
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New warehouse supply outstripping demand isn't the only factor to blame for the vacancy increase.
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After BXP closed a new office construction deal with two law firm preleases, D.C. developers are now working to replicate its success.
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