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Office space is expected to shrink by 2.9% on average in 2024.
Retail chain adds Stripes convenient stores, Laredo Taco restaurants.
How it might change the Fed's interest rate cuts is only the beginning of the story.
Medical office can sometimes use unoccupied office. More often, though, it needs specialized facilities.
Residents often prefer to stay in their home regions versus moving to another part of the country.
Debt on 1.6M SF San Francisco office complex was due next month.
Four have already begun the conversion process.
CB6 in Midtown East is the latest to reject bypass of land-use review.
But the question is that will lead to better price discovery or arm-twisting by investors looking for deals.
The New York City metro area has the highest concentration of these leases.