Office
Top 5 Office Projects Under Construction in Southern California
According to CommercialEdge data, more than 13.2 million square feet of office space was underway as of August.
NYC Market Update: Manhattan Shows Signs of Recovery
After a mid-summer halt in movement, the borough’s office vacancy rate decreased slightly, according to CommercialEdge.
Miami Market Update: Heightened Investor Interest
The metro’s transaction activity has been steadily picking up the pace this year, according to CommercialEdge.
Invesco Real Estate JV Sells Bay Area Campus for $192M
The office property underwent a major redevelopment in 2018.
SEC Secures Lease for New HQ
The federal agency has signed a long-term deal with Douglas Development and Midtown Equities.
Los Angeles Market Update: Office Pipeline Shrinks
As of August, Los Angeles had 7.9 million square feet of office space under construction, representing 2.8 percent of total stock, according to CommercialEdge data. Construction starts have slowed down, and month-over-month the pipeline shrunk by 3.6 percent. Construction activity is on par with last year’s figures—Los Angeles had 7.9 million square feet under construction in August 2020 as well. With just over 5.9 million square feet of office space that remains slated for a 2021 completion, Los Angeles is bound to outperform 2020’s activity—which saw the addition of 2.3 million square feet of new office space. However, it is…
Greater Phoenix Asset Trades for $132M
The property commanded the region’s highest price for an office property so far in 2021.
Austin Market Update: Vacancy Follows National Trend
The city’s rate dipped below 16 percent, according to the latest data from CommercialEdge.
Why Secondary Cities Are Pulling Ahead
Just two states account for half the top-performing metros, according to the National Association of Realtors.
The Future of Office? An Ecosystem Mindset.
Experts at CREW’s 2021 convention discuss the evolving notion of what an office means to a company.
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