office
New York Metro: 2023 Year in Review
As we reflect on the New York Metro’s 2023 journey in both retail and office sectors, it’s clear that challenges persist but so do opportunities. While the office market declined […]
Read More....Assessing Philadelphia’s Office Market Against Other Major US Cities
Amidst a national trend of companies downsizing office spaces over three years, the Philadelphia metropolitan area stands out for its resilience compared to several other major U.S. office markets. Although […]
Read More....The percentage of individuals working from home has decreased to its lowest point since the pandemic
Less than 26% of U.S. households currently have individuals working remotely for at least one day a week, marking a substantial decline from the peak of 37% in early 2021, […]
Read More....East Coast Mayors Call for More Office Conversions
Mayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to developers who […]
Read More....Amazon Employees to Return to Office Three Days a Week
Amazon is instructing corporate staffers to spend at least three days a week in the office, CEO Andy Jassy wrote in a memo on Friday. It marks a shift from Amazon’s previous policy, […]
Read More....Concessions Offered to Lure Office Tenants
A growing spread between starting and effective rents illustrates how office landlords — even among coveted Class A buildings — are seeing their rental income eroded as the office market […]
Read More....Mortgage Bonds Coming Due in 2023
Some $17 billion in mortgage bonds backed by office properties is coming due this year, in an environment where the outlook for the U.S. office market is cloudier than ever […]
Read More....Office Owners Want to Own More Than Office Space
Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office. Boston Properties Inc. is planning to develop […]
Read More....Fundamental Change Coming to Office Sector
As the CEO of a company that produces one of proptech’s leading data visualization tools—offering advanced predictive analytics—Navigator’s Taylor Odegard has no trouble visualizing the future of offices in central […]
Read More....U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher
Workers are returning to U.S. offices at the highest rate since the pandemic forced most workplaces to temporarily close in 2020, as infection rates continue to fall and more companies intensify efforts to bring […]
Read More....How shifting office demand may factor into commercial mortgage market
Remote work that started as a temporary solution at the onset of the Covid-19 pandemic has made one of commercial real estate’s most prolific sectors the biggest question mark more […]
Read More....WCRE SECOND QUARTER 2022 REPORT
With Omicron In The Rear-View Mirror, Southern New Jersey & Philly Markets Face New Obstacles Uncertainty Returns to Commercial Real Estate in Q2 After a Strong First Quarter Commercial real […]
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