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.
Expert Insights: Debating Coworking Trends with Regus’s Michael Berretta
Coworking is getting everyone excited nowadays, with the number of such spaces worldwide reaching 15,500 this year. In the U.S., there are currently 4,043 flexible workspaces, and…
Study: What to Do with All the Vacant Land in Major US CBDs?
CommercialCafe proposes an urban development study that combines a new inventory focused on vacant parcels located in central business districts, with in-depth research on CBD construction activity, as well as a 25-city survey that gauges what developments are most desirable to the local urban population. Our research shows that recent development efforts have failed to address the needs and wants of the citizens living and working in these 25 cities.Â
Q1 2018 Atlanta Office Sales Report—Investment Grows 57% Y-o-Y
Office market sees 57% y-o-y increase in investment sales Average prices hold above $200 per sq. ft. for 3rd consecutive quarter Top Q1 deal shatters Atlanta office per-square-foot…
Hines Snatches GoPro-Anchored San Francisco Office Campus
Clearview Business Park, a creative office campus on the San Francisco Peninsula, has found a new owner in Hines. The global real estate investment firm has recently…
Texas Office Sales Hit 5-Year Low in Q1
Office investment sales drop 63% y-o-y in Q1 Average prices inch back towards the $200 mark Houston Marathon Oil Tower finally sells in largest Q1 deal Over 6…
Q1 Chicago Commercial Report: Office Sales Volume Rises 41% Y-o-Y, Industrial Prices Close Best Q1 in 5 Years
Executive Summary Q1 Office Overview Office sales volume rises 41% y-o-y to $1.3B Average prices close Q1 2018 at $218 per square foot Sterling Bay shells out $510M…
Media iQ Digital Triples Manhattan Office Presence
Media iQ Digital, a global analytics and technology company, is tripling its office footprint in Manhattan. The independently funded organization has decided to leave its headquarters in…
Here Are the 50+ Most Pet-Friendly Coworking Spaces in the US
The traditional workplace, career trajectory and employees’ overall attitude towards work have changed dramatically over the past years, and we have Millennials to thank for that. We can…
California Q1 2018 Office Sales: Smaller Markets Pick Up the Slack for LA, San Francisco
Executive Summary Q1 Overview: Sacramento posts highest growth in dollar volume, average prices Los Angeles on cooldown after hot Q4 2017 Bay Area office sales drop below $1B after…
Downtown Baltimore Office Tower Gets New Owner
Wells Fargo Tower, an iconic commercial high-rise in the central business district of Baltimore, Md., has found a new owner in Hertz Investment Group. To finance the…
