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Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Absorption isn't expected to flip positive in the short term.
Office stood out with its strong performance across the board.
Office, industrial and multifamily saw sales increases, while retail and hospitality posted decreases.
Irvine Co. offloads two towers at a heavy discount as market signals rebound.
With the move, CBRE will create a new business segment, which will include Industrious.
JLL expects the momentum to continue.
The agency will take 139,377 square feet of office space.
Leasing = hits post-pandemic record for third consecutive quarter amid shifting strategies.
Owner-occupier deals surged 36 percent in the year-to-date through the third quarter of 2024.
The buyers include Kohan Retail Investment Group, Katan Realty Group, and Ilya Mikhailov.