NOT FOR REPRINT
Page Printed from: globest.com/sectors/office?page=5
Sign In To follow
Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Fast turnarounds beat long-term ownership in the office market.
Class A and trophy buildings comprised more than three-fourths of the leases in 2024.
Notably absent from this latest list are high-profile buildings.
Even older offices might benefit from the fallout from top-tier tight supply.
The number and popularity of coworking spaces is growing to meet evolving market.
The property was bought at a $105 million discount.
A global firm has inked a 123K SF deal in Transamerica Pyramid, as renovated towers draw tenants.
Despite RTO mandates, office visits remain below pre-pandemic levels and down year-over-year.
The deal expands the ride-sharing giant's presence at the property by 44,110 square feet.
It will, however, be important to pay attention to the policies coming out of Washington D.C.