Return-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.
Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News Matters
Silicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.
Clipper Equity delinquent on $100M DoBro loan
Clipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.
San Jose approves tax breaks to help fill empty office space
San Jose City Council implements tax relief to attract businesses for vacant office spaces.
The NYC office market was full of surprises - both good and bad - in 2024
Manhattan's commercial real estate market shows resilience with low vacancy rates despite remote work trends.
An iconic gem of New York City's skyline is the latest victim of the office collapse
The Chrysler Building faces potential foreclosure amid escalating commercial real estate challenges in NYC.
Return-to-office mandates are increasing, but many workers prefer hybrid models and upscale office spaces are still lacking.
Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News Matters
Silicon Valley companies are facing rising commercial office space vacancy rates as employees resist returning to in-person work environments.
Clipper Equity delinquent on $100M DoBro loan
Clipper Equity faces financial uncertainty with delinquent loan payments on 141 Livingston Street, as major tenants consider exiting before lease expirations.
San Jose approves tax breaks to help fill empty office space
San Jose City Council implements tax relief to attract businesses for vacant office spaces.
'Permanent downsizing': Raleigh, Durham among top work-from-home destinations, as office vacancies rise
Raleigh and Durham are popular work-from-home destinations, affecting office vacancy rates and real estate valuations.
Amazon Delays Return-to-Office Mandate in Several Cities for Lack of Office Space
Amazon delays return-to-office requirement due to insufficient office space for employees in seven major cities.
Employers have growing clout to force workers back to the office, Avison Young CEO says
Employers are increasingly pushing for employees to return to the office as the economy weakens.
Silicon Valley commercial vacancy rates pass 20%
Silicon Valley companies are adapting to rising commercial vacancy rates as employees resist returning to the office full-time.
Silicon Valley commercial vacancy rates pass 20% - San Jose Spotlight
Silicon Valley is experiencing a paradox of economic growth alongside increasing commercial vacancy rates due to workers' reluctance to return to in-person offices.
Nearly 25% of Uptown Charlotte offices are empty after pandemic
Charlotte's office vacancy rate reached 24.6% in 2024, largely due to remote work and declining demand for office space.
'Permanent downsizing': Raleigh, Durham among top work-from-home destinations, as office vacancies rise
Raleigh and Durham are popular work-from-home destinations, affecting office vacancy rates and real estate valuations.
Amazon Delays Return-to-Office Mandate in Several Cities for Lack of Office Space
Amazon delays return-to-office requirement due to insufficient office space for employees in seven major cities.
Employers have growing clout to force workers back to the office, Avison Young CEO says
Employers are increasingly pushing for employees to return to the office as the economy weakens.
Silicon Valley commercial vacancy rates pass 20%
Silicon Valley companies are adapting to rising commercial vacancy rates as employees resist returning to the office full-time.
Silicon Valley commercial vacancy rates pass 20% - San Jose Spotlight
Silicon Valley is experiencing a paradox of economic growth alongside increasing commercial vacancy rates due to workers' reluctance to return to in-person offices.
Nearly 25% of Uptown Charlotte offices are empty after pandemic
Charlotte's office vacancy rate reached 24.6% in 2024, largely due to remote work and declining demand for office space.
Despite the return-to-office push, loan delinquencies surpassed 10% for the first time in more than a decade
Office loan delinquencies hit 10.35%, the highest since 2012, reflecting broader vulnerabilities in commercial real estate due to economic and work trend changes.
Offices are still sitting empty, but that's about to change
The national office vacancy rate has reached a record high of 20.4%, but trends indicate it may soon decline.
Bellevue real estate brokers bullish about Amazon's new return-to-office policy as Microsoft moves out
Amazon's new mandate for employees to return to the office is a significant boost for commercial real estate in Bellevue.
Hybrid work has been a boon for coworking spaces - Marketplace
The demand for flexible office space is growing as companies adapt to hybrid work models.
Cell phone data shows DFW workers returning to office
Dallas-Fort Worth's office return rates are rebounding to nearly pre-pandemic levels, outperforming other Texas markets.
'Adaptive' facilities management can address 'radical changes' in work world: Colliers
Facilities management must adapt to changing work habits and occupier expectations for strategic success.
Despite the return-to-office push, loan delinquencies surpassed 10% for the first time in more than a decade
Office loan delinquencies hit 10.35%, the highest since 2012, reflecting broader vulnerabilities in commercial real estate due to economic and work trend changes.
Offices are still sitting empty, but that's about to change
The national office vacancy rate has reached a record high of 20.4%, but trends indicate it may soon decline.
Bellevue real estate brokers bullish about Amazon's new return-to-office policy as Microsoft moves out
Amazon's new mandate for employees to return to the office is a significant boost for commercial real estate in Bellevue.
Hybrid work has been a boon for coworking spaces - Marketplace
The demand for flexible office space is growing as companies adapt to hybrid work models.
Cell phone data shows DFW workers returning to office
Dallas-Fort Worth's office return rates are rebounding to nearly pre-pandemic levels, outperforming other Texas markets.
'Adaptive' facilities management can address 'radical changes' in work world: Colliers
Facilities management must adapt to changing work habits and occupier expectations for strategic success.
Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supply
Distress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
Big-money mortgage defaults dot LA map in 2024
Commercial real estate loan defaults surged in Southern California, particularly in the office and retail sectors, driven by declining occupancy and economic pressures.
America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supply
Distress in the office sector may lead to fire sales, enabling conversions to apartments and increased housing supply.
Spurned real estate star plans late career revival powered by AI
Bob Knakal aims to revolutionize commercial real estate using AI, leveraging 40 years of proprietary data for competitive advantage, despite working with a small team.
Pub closures top 400 in England and Wales as total dips below 39,000
Over 400 pubs have closed or been repurposed in the UK, marking a significant downturn in the hospitality sector.
The highs and lows of commercial real estate in 2024: Bay Area offices, hotels and apartments falter, but tech deals offer hope
Bay Area faces high vacancy and loan defaults but tech company leases could signal recovery in 2025.
Warehouse law pushes developers to look at far-flung Inland Empire sites
New law AB 98 affects warehouse development, potentially increasing approved project values and shifting construction toward desert regions.
Milk Street office building could soon become apartments
A Newton developer plans to convert an office building into residential apartments, addressing current market trends in Boston.
Beach club partner bringing affordable housing to Woodside
Howard Taub is committed to developing affordable housing despite challenges, with plans for 63 affordable units in his new 253-unit project in Queens.
Milk Street office building could soon become apartments
A Newton developer plans to convert an office building into residential apartments, addressing current market trends in Boston.
Beach club partner bringing affordable housing to Woodside
Howard Taub is committed to developing affordable housing despite challenges, with plans for 63 affordable units in his new 253-unit project in Queens.
Boston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.
Wu's property tax bill is likely dead
Mayor Michelle Wu's proposal to shift Boston's property tax burden to commercial real estate did not pass the Senate, amid concerns about potential negative impacts on businesses and the city's competitiveness.
Wu's tax proposal 'dead' after collapse in Senate
Boston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.
Wu's property tax bill is likely dead
Mayor Michelle Wu's proposal to shift Boston's property tax burden to commercial real estate did not pass the Senate, amid concerns about potential negative impacts on businesses and the city's competitiveness.
Commercial property sales in LA County spiral down 18%
Commercial property sales experience significant decline across Los Angeles, primarily influenced by economic factors and regulatory changes.
CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerage
Laurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.
Commercial property sales in LA County spiral down 18%
Commercial property sales experience significant decline across Los Angeles, primarily influenced by economic factors and regulatory changes.
CBRE's Laurie Lustig-Bower and Tim Bower to retire as a couple from brokerage
Laurie Lustig-Bower and Tim Bower are retiring from CBRE after 33 years in L.A. commercial real estate, celebrating their legacy and looking forward to family time.
Council Post: Unlocking Tenant Satisfaction: The Upside Of Parking Technology
Tenant experience is essential for occupancy and long-term value in commercial real estate, demanding adaptability and technology to meet evolving needs.
The Daily Dirt: Take my building, please
The owner's reluctance to invest in a depreciating property can lead to a stalemate with lenders. Both parties may find the building undesirable.
Council Post: Unlocking Tenant Satisfaction: The Upside Of Parking Technology
Tenant experience is essential for occupancy and long-term value in commercial real estate, demanding adaptability and technology to meet evolving needs.
The Daily Dirt: Take my building, please
The owner's reluctance to invest in a depreciating property can lead to a stalemate with lenders. Both parties may find the building undesirable.
Brookfield taps leasing giant JLL to find tenants for mostly full Manhattan West towers
Brookfield Properties is proactively leasing its office towers despite high occupancy rates, addressing the need for vacant spaces amid a competitive market.
What Did Gosman's Dock in Montauk Lured in at Closing?
The Gosman's real estate sale totaled $33 million, marking a significant transaction in Montauk, which has been a key fishing industry hub.
Access to business leaders is the most sought-after in-office perk, says JLL's Neil Murray
The role of the office is crucial as companies redefine workspaces in response to evolving workforce needs and post-pandemic challenges.
'Beyond our control': Another restaurant closes at Universal CityWalk
Universal CityWalk has seen multiple closures, including the recent departure of Mini Monster, due to unsuccessful lease negotiations and rising commercial rents.
Commercial property has been in a slump. How lower interest rates could lift it out.
The Federal Reserve's anticipated interest rate cuts may revitalize the commercial real estate market by making properties more affordable for buyers.
$1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy
Landlords face significant refinancing challenges with $1.5 trillion in debt due by next year, particularly in the multifamily sector.
Deteriorating Loans Stress Regional Banks' Office Building Portfolios
U.S. regional banks face pressure in office loan portfolios amid remote work, with potential relief from rate cuts not fully addressing the unique challenges posed.
The commercial real estate recovery is on, but the rebound may be uneven
The Federal Reserve's rate cuts may signal recovery for commercial real estate, boosting deal activity and investor confidence after challenging years.
Commercial property has been in a slump. How lower interest rates could lift it out.
The Federal Reserve's anticipated interest rate cuts may revitalize the commercial real estate market by making properties more affordable for buyers.
$1.5 trillion of commercial real estate debt is due next year, and refinancing won't be easy
Landlords face significant refinancing challenges with $1.5 trillion in debt due by next year, particularly in the multifamily sector.
Deteriorating Loans Stress Regional Banks' Office Building Portfolios
U.S. regional banks face pressure in office loan portfolios amid remote work, with potential relief from rate cuts not fully addressing the unique challenges posed.
The commercial real estate recovery is on, but the rebound may be uneven
The Federal Reserve's rate cuts may signal recovery for commercial real estate, boosting deal activity and investor confidence after challenging years.
NYC retail leasing shows signs of rebound after COVID carnage
Manhattan's retail leasing market shows signs of recovery, with decreased storefront availability and indications of robust activity across trade areas.
Over 1,500 retailers could see rates bill cut by up to 33 million a year - London Business News | Londonlovesbusiness.com
Business rates for City of London shops could drop by £33 million annually due to a recent tribunal ruling.
The Valuation Tribunal significantly reduced rateable values for retail properties, affecting over 1,500 shops.
Google renews office lease for 200K sf in Irvine
Google renewed its lease for 196,200 square feet in Irvine, marking the largest office lease in Orange County for Q3.
Is R.T.O. Finally a Reality?
New York City's office attendance shows divergent trends, indicating both recovery and ongoing challenges in the post-pandemic era.
Sixth Avenue skyscraper adds 'eagle' nest with signing of indoor golf company
Vornado Realty Trust is enhancing the tenant experience at 1290 Sixth Ave. with amenities reflecting a trend towards work-life balance and leisure integration.
Legacy businesses in SF neighborhood say they're being forced out by billionaire venture capitalist
Billionaire venture capitalist investment threatens longstanding small businesses on Fillmore Street, forcing owners to confront potential eviction and displacement.
Here's why a San Francisco landlord is purposely keeping commercial rents low for businesses
Stable rents and supportive landlords are crucial for the survival of small businesses in San Francisco's Inner Sunset District.
How to Negotiate Rent as a Small Business Owner | Entrepreneur
Rising rent costs and inflation pose significant challenges for small business owners, making lease management increasingly difficult.
Legacy businesses in SF neighborhood say they're being forced out by billionaire venture capitalist
Billionaire venture capitalist investment threatens longstanding small businesses on Fillmore Street, forcing owners to confront potential eviction and displacement.
Here's why a San Francisco landlord is purposely keeping commercial rents low for businesses
Stable rents and supportive landlords are crucial for the survival of small businesses in San Francisco's Inner Sunset District.
How to Negotiate Rent as a Small Business Owner | Entrepreneur
Rising rent costs and inflation pose significant challenges for small business owners, making lease management increasingly difficult.
Scoop: Uptowns' biggest buildings are for sale. Will anyone buy them?
Uptown's commercial real estate market has been severely impacted by violence, crime, and the pandemic, leading to significant vacancies in properties.
From early glory to present challenges: The story of Bank of Hope - Tearsheet
Bank of Hope's merger strategy may not be enough to overcome existing challenges, particularly in light of pandemic-induced difficulties with commercial real estate loans.
Scoop: Uptowns' biggest buildings are for sale. Will anyone buy them?
Uptown's commercial real estate market has been severely impacted by violence, crime, and the pandemic, leading to significant vacancies in properties.
From early glory to present challenges: The story of Bank of Hope - Tearsheet
Bank of Hope's merger strategy may not be enough to overcome existing challenges, particularly in light of pandemic-induced difficulties with commercial real estate loans.
More big-name stores opening and expanding at San Francisco's Union Square
Union Square is experiencing a retail resurgence with new brands opening despite high office vacancy rates.
Bill to limit warehouse development draws industry response
The bill restricting new warehouses in California faces opposition from both property owners and environmental groups, reflecting a complex commercial real estate debate.
Christie's, Yeshiva University lead NYC's top office leases
Christie's renewed its headquarters lease, reflecting stability in the NYC commercial real estate market.
A 46-bedroom Texas mansion that nobody wanted sat abandoned for decades. Now, it's a booming commercial building and college campus.
Vacant mansion in Texas transforms into a thriving commercial space for small businesses and educational purposes after years of failed attempts to sell.