#office-leasing

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San Francisco's Sky-High Office Vacancy Rate Declines Slightly, In Sign of Possible Turnaround

San Francisco's office leasing market shows potential recovery signs with net absorption turning positive and slight decreases in vacancy rates.

LA office leasing hits post-pandemic high, up 27% from a year ago

Leasing activity for offices in Los Angeles is increasing post-pandemic, marking a 27% year-over-year increase in the third quarter.

Banks buck downsizing trend, re-up for 300K sf in Irvine

Three banks renewed significant office leases in Irvine, defying local downsizing trends.
The commercial real estate market is experiencing challenges, despite some banks committing to larger office spaces.
Overall leasing activity for large office spaces in Orange County has decreased significantly this year.

San Francisco's Sky-High Office Vacancy Rate Declines Slightly, In Sign of Possible Turnaround

San Francisco's office leasing market shows potential recovery signs with net absorption turning positive and slight decreases in vacancy rates.

LA office leasing hits post-pandemic high, up 27% from a year ago

Leasing activity for offices in Los Angeles is increasing post-pandemic, marking a 27% year-over-year increase in the third quarter.

Banks buck downsizing trend, re-up for 300K sf in Irvine

Three banks renewed significant office leases in Irvine, defying local downsizing trends.
The commercial real estate market is experiencing challenges, despite some banks committing to larger office spaces.
Overall leasing activity for large office spaces in Orange County has decreased significantly this year.
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#real-estate

SoCalGas to move from its longtime headquarters in downtown Los Angeles

Southern California Gas Co. is moving to a new headquarters in downtown LA, reflecting a shift in office space dynamics post-pandemic.

Citadel seeks office space in New York as it awaits its new Park Avenue tower

Citadel plans to lease office space on Fifth Avenue while awaiting their new skyscraper construction on Park Avenue, expected to be completed by 2030.

Is metro Atlanta past the bottom of the office market?

Metro Atlanta's office space availability shows a slight decline, signaling growing corporate optimism, despite a significant portion remaining unoccupied.

SoCalGas to move from its longtime headquarters in downtown Los Angeles

Southern California Gas Co. is moving to a new headquarters in downtown LA, reflecting a shift in office space dynamics post-pandemic.

Citadel seeks office space in New York as it awaits its new Park Avenue tower

Citadel plans to lease office space on Fifth Avenue while awaiting their new skyscraper construction on Park Avenue, expected to be completed by 2030.

Is metro Atlanta past the bottom of the office market?

Metro Atlanta's office space availability shows a slight decline, signaling growing corporate optimism, despite a significant portion remaining unoccupied.
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Wall Street firm Jane Street looks to grow footprint in boost to Financial District

Jane Street's expansion could signal Downtown's recovery in office leasing by year's end.

City of London has 'record' office leasing deals allaying hybrid work fears

The City of London market had a record number of office leasing deals in 2023, showing high resilience and desirability, despite some major occupiers relocating.

Industrious Expands into LA's Westwood and Santa Monica

Industrious expands coworking spaces in Westwood and Santa Monica.

Office Availability in Greater LA Market Hits Record 28%

Office availability hit an all-time high at 27.6%, driven by slower demand due to hybrid workplaces and negative office-using employment growth.
Despite a 45% rise in office leasing in metro L.A., renewals and expirations led the surge, as big tech and media companies cut office spending.

Big office deals returns - but only in NYC's best new buildings

Law firms led the office leasing action in the fourth quarter of 2023, with blockbuster leases completed.
Location and access to transportation are now top criteria for tenants looking for office space.

Morning Docket: 06.26.24

Law firms leading office leasing charge post-pandemic.
MDLs represent more than half of federal caseload.
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