Leasing

The acquisition of Deskeo builds on its earlier purchase of Knotel.

The capital investment will support $625 million of investment in office, R&D, life science, residential and mixed-use product.

The increased demand for single-family rental product is pulling players from the apartment market into the build-to-rent arena.

Topping the country are Northern New Jersey ($18.50), Puget Sound ($16.44), Los Angeles ($16.20) and Inland Empire ($10.20).

Sublease space increased 52% last year, and owners are looking for creative ways to lease space.

While many companies ponder a return to the office and plan hybrid work models, office market experts are keeping an eye on net absorption and sublease space.

New demand rose in August, indicating that the Delta variant did not dampen employers' searches for new office space in this evolving market.

Near-term demand will remain well above historical norms, but absorption will likely ease from 2021 highs.