Office

Over a third of known office sales were at a discount in 2024, up from 2023.

GSA targets 14 office buildings in California, including its regional HQ, for offloading.

That comes despite the area seeing a decline in 2024.

Savings of about $145 million are attributed to real estate cost-cutting.

Eastdil Secured is handling the marketing.

They are counting on the stability of mission-critical agencies.

Co-working giant expects the hub-and-spoke model to grow with office mandates.

The move will nearly double the trading firm's space at the property.