The office market has spent the better part of four years recovering. Occupancy is stabilizing in gateway markets. Leasing activity is showing signs of life. And, across the industry, a quiet ...
A 2022 analysis by Cushman & Wakefield estimated that in the U.S., approximately 330 million square feet of office space could become functionally obsolete or stranded by 2030. This risk arises from ...
Many U.S. cities have too many office buildings and not enough homes. Developers are now converting some old offices into apartments and condos, but it's going slowly. Just outside Dupont Circle in ...
A downtown office building (600 B Street) was foreclosed and taken back by the lender. A nearby building (530 B Street) was sold with plans to turn it into apartments. And with the Civic Center ...
It took a global pandemic to convince American businesses that their employees could work productively from home, or a favorite coffee shop. Post-COVID-19, employers are struggling to find the right ...
The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago. By Joe Rennison and Julie Creswell Since the early days of the pandemic ...
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