CRE

Meta, the parent company of Facebook, has signed a lease to take up 33 floors totaling 589,000 square feet in Austin’s largest skyscraper, Sixth and Guadalupe.

As the office real estate market continues to struggle with the uncertainty of the pandemic, flexible workspace operators are positioned for success.

Rockrose Development has purchased the remaining stake in an East 26th Street office building in NoMad, asserting its confidence in New York City’s office market.

Over the last year, former WeWork CEO and cofounder Adam Neumann purchased majority stakes in over 4,000 apartments, which are worth just over $1 billion.

Research from various brokerage firms has shown a slightly optimistic view as office occupancy numbers grow, but this data does not tell the full story.

The office market may not reach its pre-pandemic levels until 2024, but growing demand from various new startups could open more opportunities for the industry.

Commercial real estate turned to innovative practices during the pandemic, and the future of the industry will continue to rely on these advancements to thrive.

Goldman Sachs employees must take Covid-19 tests twice a week starting January 10, and those eligible will be required to receive their booster shot by February 1.

Yardi has acquired and redesigned the website for 42Floors.com, a commercial real estate marketing website that will now be part of the firm’s CommercialEdge platform.

Vancouver-based Hootsuite has signed a deal at WeWork’s Coda building in Atlanta, poised to be their largest U.S. sales hub, thanks to help from the The Instant Group.