Office
Read the latest real estate industry news with a focus on traditional office space leases, office property sale transactions, new office project construction and adaptive reuse repositioning programs, and more.
How to Automate your Coworking Space
Running a coworking space means doing dozens of small tasks every day. Onboarding a new member. Letting in a guest. Resetting a broken printer. Reconciling a payment. None…
Bank OZK Takes Hold of Distressed Santa Monica, Calif., Creative Office
Redcar Properties has turned over a trio of Euclid Street creative office spaces in Santa Monica, Calif., to its lender, Bank OZK, after defaulting on a development loan. The hand-over includes 1650 Euclid and two other parcels (1620 and 1630 Euclid), which were lot-tied to the three-story, 65,000-square-foot building, granting the lender control of the entire Euclid Street cluster.
How to Choose Office Space for a Startup
Choosing startup office space isn’t one decision, it’s a series of trade-offs between cost, commitment, and how your team actually works. The right choice depends less on what…
Jamestown Signs Tech Tenant at Ponce City Market in Atlanta
Development management platform Northspyre joins a diverse roster of companies at Ponce City Market, including Airbus, FanDuel, Capital One, Sage, and CONA Services.
7 Things To Ask When Touring a Coworking Space
Touring a coworking space in person tells you things a website never will. The quality of the WiFi, the noise level at peak hours, whether phone booths are…
Construction Pipeline Continues to Bottom Out as AI Expansion Adds to Uncertainty in Office Sector
Expanded AI adoption possibilities hold sway over the future use of office space, as is demand for flexibility, which is likely to further boost the position of coworking space within the office sector, across top office markets in the U.S.
Extell Acquires Park Avenue Construction Site in $500 Million Deal
Extell Development has completed the $500 million acquisition of a block-long construction site at 405-417 Park Ave., marking the largest component of the developer’s growing Midtown assemblage. The prime Manhattan office space, situated between East 54th and East 55th streets, offers a potential rentable office capacity of up to 700,000 square feet.
What Is A Triple Net Lease?
A triple net lease shifts most of the costs of owning a building from the landlord to the tenant. The tenant pays base rent plus their share of…
Understanding Commercial Real Estate
Commercial real estate (CRE) is property used for business purposes rather than as a primary residence. The category covers offices, retail centers, warehouses, apartment buildings of five units…
How Commercial Real Estate Wholesale Works
The wholesaler has found a property with an unbelievably good price, and even when the updating costs and wholesale fee are added in, the buyer accepting the assigned contract still has a property that’s well below market value.
