Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Spokane offers opportunities for lower costs than most other markets in the region, which is part of the impetus for Rover.com's lease for nearly 30,000 square feet in the renovated Wonder Building.
Walnut Creek's central East Bay location, proximity to executive and labor force housing, abundance of retail, and lengthy Bay Area commutes will continue to put a premium on offices near transit stations.
Investments in real estate tech companies are expected to grow to $20 billion by 2020—and Revathi Greenwood, Americas head of research at Cushman & Wakefield, points to how this is changing CRE, in an EXCLUSIVE GlobeSt.com article.
“What we found is that when you improve the comfort and well-being of the people in a building by designing a more dynamic building, they start to behave differently,” says Carmen Ferrigno, vice president of communications with Saint-Gobain.
The Highlands property was purchased with a 97% leased rate, but that percentage is expected to fall shortly to approximately 70% due to pending lease expirations, Equus Partners reports.