Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
A survey by CoreNet Global and Cushman & Wakefield found that a majority of corporate real executives globally would lease co-working space to help manage their organizations' requirements.
The RiverOak NYC fund in about four years purchased multi-family and mixed-use properties in Brooklyn and Manhattan including a multi-family portfolio in Harlem, an office condominium at 77 Bowery and inclusionary housing projects at 321 East 60th St. and 316 East 91st St.
“Gateway market office volumes peaked in 2015 and are now declining, while secondary Sunbelt office market investment sales volumes continue to rise,” says Noble Carpenter with Cushman & Wakefield.
Healthcare, life sciences, tech and business services are well-positioned for further growth in Orange County as employment diversification continues to drive office vacancy lower, JLL's Jared Dienstag tells GlobeSt.com.
Tenant improvement allowances and free rent are up nationwide and growing at a more rapid pace, and there's been a real slowdown in velocity despite ample capital in the market, Colliers' Scott Latham and Andrew Nelson tell GlobeSt.com.
Commercial Cafe looked at both class-A and class-B solutions with a baseline of $5,000 a month, and the corresponding amount of space that rental fee encapsulates, to uncover which cities provide the best bang for the buck.