Coming out of the pandemic, consumers have been changing the way they spend. After missing out on travel, dining and entertainment during lockdown periods, Americans…
Multifamily Developers Look To Slow Amenity Space Race As Costs Skyrocket
D.C.’s apartment “amenity wars” are coming to a head. Amid a tough financial landscape for new buildings, multifamily developers are reworking the scope and scale…
Barclays Joins List Of Companies Dumping Space With 500K SF London Exit
UK banking giant Barclays is looking to sublease more than half a million square feet of office space in London as large firms continue to…
Deloitte Slashing Atlanta Office Space By Over 50% In Move To Midtown
A giant in the consulting industry is jumping from Downtown to Midtown Atlanta with a lot less office space. Source: Deloitte Slashing Atlanta Office Space…
WeWork Quietly Exited 120K SF Back Bay Space
WeWork has vacated a large space in the Back Bay, another blow to Boston’s struggling office market. The coworking provider exited a 119K SF lease at Capital Properties and Madison…
Pinterest Looks To Further Reduce San Francisco Office Space
Pinterest will further reduce its office footprint in downtown San Francisco, the San Francisco Business Times reported on Tuesday. The company will pay at least $100M to…
Retail Owners Not Sweating Party City, BB&B Closures With Tenants 'Frothing' For Space
A few years ago, news about another big-box retailer filing for bankruptcy would create anxiety among shopping center owners concerned about how they would fill the vacancies. That dynamic…
Industrial Real Estate Market's New Demand Driver Changing Space Requirements
Industrial became the belle of the commercial real estate ball after the pandemic supercharged e-commerce demand and led Amazon to accelerate its already-voracious warehouse expansion. But that party…
Houston Law Firms Go Big On Space, Propping Up Office Market
Houston law firms are playing an outsized role in sustaining the city’s office market, particularly downtown, as other firms move farther out to be closer…
Relax, Flex Space Is Still Mainly About Tech
The new normal turns out to be much like the old normal, if data on the European flex office space market from CBRE is borne…
What Do Brokers Do When They Can’t Even Give Office Space Away?
Roblox was the 2022 definition of a tech unicorn, as far as real estate was concerned. It wasn’t about valuation or fundraising; the company behind the popular all-ages…
CBRE Ices Plans To Build New Tower, Moving HQ To Former Coworking Space Instead
CBRE has confirmed plans to build and lease a new 27-story, 750K SF office tower are on hold, and that it will instead move its global headquarters…
Companies Still Want Office Space, But They Also Want To Stay Nimble
U.S. businesses are looking to add office space this year, but their planning is more short-term than it used to be, according to a new…
Meds And Beds (But Not Enough Sheds) As Logistics Occupiers Hunt Space
The office sector might be facing a tough 2023, but Ireland’s insatiable thirst for industrial and logistics space remains unchecked. As a result, speculative space…
Birmingham Professionals Cut Floorspace By 50%, But Office Market Says Tis But A Scratch
A new letting deal in the Birmingham highlights how some professional service occupiers are slashing their floorspace requirements. The 26-storey tower at 103 Colmore Row landed on…
Own It: XSpace Founder Hopes To Make Commercial Condos Real Estate's Next Buzzword
Byron Smith was sitting at a Tex-Mex restaurant in Houston when it struck him. Looking out of the window, he could see a church, a…
Amazon To Sublease UK Warehouse Space Amid Flagging Sales
Amazon is planning to sublease part of its UK warehouse portfolio as it pulls back on space in the wake of declining e-commerce sales. The…
Industrial's Golden Child Has 130% More Sublease Space On The Market Than A Year Ago
Industrial sublease availability in Dallas-Fort Worth increased dramatically over the past 12 months, signaling a normalization of demand following an unprecedented flurry of activity. There…
Google To Incur $500M In Costs Related To Office Space Downsizing
Tech giant and Google parent company Alphabet will incur about $500M in expenses in the first quarter associated with leaving office space it occupies, according to a filing…
Regus Must Pay $90M To Vornado, Trump For Space It Never Occupied, Judge Rules
Coworking giant Regus PLC lost an appeal in its dispute with New York landlord Vornado Realty Trust over a $90M lease agreement for a San Francisco office…