CRE

Serendipity Labs, headquartered in New York City, announced that it had inked a decade-long agreement with The Durst Organization, the proprietors of the office building. Serendipity Labs’ new facility will...

By consolidating the storage market, the top five operators would own around 19% of the space, leaving the rest in the hands of regional and local operators.

Alphabet hinted that further decreases in office space utilization could be on the horizon — whilst pledging to invest more heavily in their technical infrastructure according to Chief Financial Officer...

This deal brings 12 cross-branded locations — three Venture X and nine Office Evolution — that spans across the Denver metro area.

Data from Kastle Systems finds that occupancy in New York reached 47.2% on January 18, an increase from the 45.6% seen on January 12.

According to analysis from Colliers, average office occupancy in the country is anticipated to grow by 1.5 percentage points this year, eventually reaching a peak of 15% in 2024.

IWG-owned Regus will add to its network of offices in Lagos, Nigeria within the Gbagada neighborhood, marking its eighth center in the country.

Currently, the CommercialEdge network comprises hundreds of thousands of commercial real estate listings including 6,000 coworking spaces and 50,000 other properties.

The Massachusetts state government is reportedly walking back on its offices in Boston as Governor Charlie Baker’s administration leans towards hybrid and remote work models for staff.

Executives are concerned with that current remote working models are “actually magnifying negative economic and social consequences for cities.”