There are big opportunities in the smaller life sciences research space. Growing demand for leases smaller than 10K SF, shared research space that can accommodate a multiplying number…
Landlords No Longer Discounting Retail Space Rent As Vacancy Dips
The days of landlords discounting rent to fill empty storefronts due to the pandemic are long over, according to analysts, and rosy fourth-quarter retail reports…
Cambridge Office Market Hit Hard By Tech Firms Giving Back Space
Cambridge has long been a national tech hub, but over the last year, the technology industry has become a drag on its office market. Office…
Gucci's Parent Company Pays $963M For Fifth Avenue Retail Space
Another luxury brand is paying nearly $1B to acquire retail space on Fifth Avenue. Kering, the parent company of Gucci, Balenciaga and Brioni, is paying…
Trophy Office Space Is Hot. What Will It Take To Build More?
The shiny office towers that developers have built in U.S. downtowns in recent years have increasingly drawn tenants away from older buildings, but the demand shift…
Record Amount Of Life Sciences Space To Be Delivered This Year Amid Industry Slowdown
Life sciences development is expected to hit a new record in 2024, a year after the biotech sector, by some measures, experienced its sharpest downturn this century. This year, 21.3M…
Retailers Struggling To Find Space In Historically Tight Atlanta Market
Ashley Thomas and Morgan Perkins were teaching baking classes and crafting their croissants and fruit galettes for local coffee shops out of Thomas’ home in Ormewood Park…
Denver-Area VC Funding Declined 52%, But Life Sciences, Aerospace Offer Hope For Rebound
Total venture capital funding in the Denver-Boulder market declined by roughly 52% year-over-year through the third quarter to $1.6B as the tech industry waded through economic…
Office Occupancy Hits New High As More Employers Plan To Add Space
Office usage hit an average 51.6% during the week of Dec. 6 in the 10 metro areas tracked by Kastle Systems’ Back to Work Barometer, the highest level since the beginning of the pandemic.…
Have Your Cake And Eat It Too: Chicago Tech Startup Optimizes Office Spaces And Cuts Broker Fees
The office market is at a crossroads. Employers are looking to permanent return-to-office mandates while simultaneously trying to reduce their office footprints and rents. A…
Emerging Sectors Filling Industrial Spaces Previously Eyed As Biomanufacturing
A rise in new technology sectors appears to be the saving grace for biomanufacturing developers trying to fill projects in an increasingly slow life sciences market.…
Amazon Searches For Miami Office Space After Bezos' Mansion Purchases
Now that billionaire Jeff Bezos put down roots in Miami, the corporate behemoth he founded is following suit. Source: Amazon Searches For Miami Office Space After Bezos’ Mansion…
Different By Design: 32 Old Slip, A Flexible Waterfront Office Space For Lease On NYC’s Famed Water Street Corridor
As the way people work evolves, New York’s storied office buildings need to evolve with it. This is part of the inspiration behind the redesigned…
Firmspace Chicago Shutters On Short Notice, Leaving Tenants Without An Office During Holiday Week
Coworking company Firmspace abruptly closed its Chicago office at 145 South Wells St. on Monday, leaving tenants in the lurch in the lead-up to Thanksgiving.…
Competitors Eye Space Abandoned By WeWork As Coworking Seeks New Normal
WeWork’s bankruptcy filing last week rippled through property and financial markets as landlords braced for the potential impact of the coworking giant pulling out of leases…
Classified Coworking: Denver's Aerospace Market Attracting New Spin On SCIFs
Denver’s hot aerospace market is fueling the growth of a coworking-esque model for shared sensitive compartmented information facilities, or SCIFs — spaces many military and…
WeWork Cuts Deal With Tishman Speyer To Hand Over 217K SF Coworking Space
WeWork has handed back a huge coworking space to Tishman Speyer, Bisnow has learned, as it appears on the verge of calling it quits on Queens. Source: WeWork…
Weekend Interview: Steinbridge Group CEO Tawan Davis On Impact Investing In The Residential Space
This series goes deep with some of the most compelling figures in commercial real estate: the deal-makers, the game-changers, the city-shapers and the larger-than-life personalities that…
School System Converts Vacant Office Space To Classrooms In Fairfax County
Fairfax County Public Schools has transformed 40K SF of a Herndon office park into educational spaces primarily focused on adult learning programs. Source: School System Converts…
Weekend Interview: Mirastar CEO And Co-Founder Ekaterina Avdonina On Space, Logistics And Embracing Uncertainty
This series goes deep with some of the most compelling figures in commercial real estate: the deal-makers, the game-changers, the city-shapers and the larger-than-life personalities that…