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.
Coworking Captures Opportunity as National Office Pipeline Continues to Shrink
Sluggish construction pipeline presents opportunities that the coworking sector has been banking on. Read the highlights and insights on industry trends in our full monthly U.S. office markets report.
UN Population Fund Reduces Its Office Footprint in Midtown
The United Nations Population Fund (UNPF) is executing an ongoing space consolidation plan by relocating its office from 605 Third Ave. to 730 Third Ave. in Midtown East. This move will drastically reduce the organization’s total office space in Manhattan as it cuts its current allocation of 130,000 square feet at its premises at 605 Third Ave. by more than half.
Market Value vs. Assessed Value — Differences in Commercial Real Estate
Understand the difference between the market value and the assessed value of commercial property, how each is calculated, and why each is important.
Best Cities for Startups: Phoenix & Austin Lead the Charge for New Business Density & Growth
In the U.S. and across the globe, 2021 marked the year of the most generous seed funding sprees. Since then, rising interest rates, supply chain disruptions, and inflation surges have all contributed to a more targeted and cautious approach from venture capital holders, who are now targeting AI, software as a service (SaaS), fintech and health tech startups. That tightening of capital means that startups must now rely more heavily on fundamental business health and the strength of their local ecosystems.
Alo Yoga Lands New Beverly Hills Headquarters in $90 Million Deal
Alo Yoga paid $90 million for the 82,886-square-foot La Peer Building, in Beverly Hills. The acquisition sets a new benchmark for the city, working out to approximately $1,085 per square foot to make it Beverly Hills’ highest price-per-square-foot office transaction this year — and by a significant margin.
First Citizens Bank Expands Bay Area Footprint
The office building at 667 Mission St., offers some of the best situated office space in San Francisco and features one of the very few rooftop gardens in the city’s dowtown.
Broe Group Kicks Off Phase 2 of Denver Office Project in Cherry Creek
Submarkets like Cherry Creek inspire confidence in developers building up new office projects, while downtown Denver office assets sell at a discount.
5 Steps to Build a Solid Commercial Real Estate Marketing Strategy
Thrive by differentiating yourself and your business from everyone else in your market. Follow these five steps to build a solid commercial real estate marketing strategy that will help you get more prospect leads and close more deals.
Construction Pipelines Remain Sluggish as Office Utilization Patterns Continue to Settle
There’s more to this high vacancy and slow construction pipeline than the effects of hybrid office utilization. Read the highlights and insights on industry trends in our full monthly U.S. office markets report.
What Is LEED Certification for Commercial Properties?
Key Takeaways The Gold Standard: LEED is the most widely recognized rating system for building sustainability, now governed by the LEED v5 framework. Triple Bottom Line: Certification focuses…
