Adaptive-Reuse Conversion Projects on the Rise, Tackling Stubbornly High Office Vacancy Levels
In 2025, office-to-multifamily projects that were either completed or under construction reached 11.8 million square feet — higher than in any prior year. While office conversions can still be an expensive undertaking and difficult to pull off, office buildings trading at such a discount as recent years creates the opportunity for more approachable conversions.
National Office Report
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S2 Expands Sun Belt Portfolio With Fort Worth, Texas, Industrial Campus Acquisition
With a head start in repositioning the property from improvements made by previous ownership, S2 Industrial is looking to add value through upgrades to suite interiors, prior to kicking off a targeted effort to increase occupancy.
Shorenstein Buys Trophy Office Tower in Nashville, Tenn.
The Moore Building acquisition aligns with the company’s investment strategy, offering durable in-place cash flow and long-term, high-quality tenancy.
Former GM Facility in Shreveport, La., Reaches Full Occupancy
SLB first established its presence at the property in 2023, with a 1 million-square-foot lease that was subsequently expanded to 2.5 million square feet of Shreveport industrial space. The latest expansion takes the remaining balance of space at the campus, bringing occupancy to 100%.
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