Leasing

Best-in-class buildings are helping companies lure workers back to city centers.

The office vacancy rate has reached 19.1%, far above the 15.5% vacancy rate during the Financial Crisis.

RealPage reported leasing prospects signing to fill available units before the previous renter moves out.

US retailers are on track to open 30 million square feet this year.

As lease terms shorten, the value of properties becomes more uncertain.

In joint venture with Contrarian Capital Management and Andell Holdings, the firm has acquired a two-property portfolio in the East Bay.

"2021 will likely be remembered as a trough for near-term supply growth."

In Europe and other parts of the world, employees expect a full return to the office.