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Restaurants are generating business with creative techniques and restructuring leases to survive the pandemic.
Pinterest Inc. terminated its office lease for approximately 490,000 square feet to be constructed at 88 Bluxome St. near its current headquarters campus, which involved a one-time payment of $89.5 million.
Today's buyers are concerned about indoor air quality, touchless technologies, outdoor amenities and building apps, according to CBRE .
Tech companies leased nearly 400,000 square feet of office space in San Diego last second quarter.
If banks come along, it makes a lot of sense for office owners to offer their own flex space.
The developer plans to open 30 to 50 locations nationwide, citing the strong returns and fundamentals for laundromats.
Loans and leases can only be restructured for so long before they result in defaults and litigation.
Edward J. Minskoff Equities has made significant investments in the 44-story building at 1166 Sixth Ave.
Demand is increasing for the flexible office space sector, but the latest trend to hit commercial real estate comes with a twist.
Without additional assistance, there will likely be decreased occupancy and an increase in broken leases.