CRE

“The on-demand world, it’s low-risk, it’s easy transactional opportunities for the occupier community.”

During its third-quarter earnings call, Meta said its expenses grew 19% from the same time last year, which included $413 million in losses from some of its leases.

Of respondents who are expected to downsize their office, 67% said that the shift to remote and hybrid work has had a significant impact on this decision.

According JLL data, completions have grown 11.8 million to 26.5 million square feet for 2022, which is on track to keep up with the pace of 2021’s 50 million square...

Despite ‘back to office’ requirements, more than one-third of corporate office space is sitting empty, according to new data.

Raising interest rates is not the greatest tool when it comes to slowing down a labor market, but it is the only tool that the Federal Reserve has. This will...

Instagram and Facebook parent company Meta has plans to offload some of its office space as it is less needed now due to the uptick in remote and hybrid working.

Employers’ return-to-work policies are bringing life to city centers; Boston’s foot traffic is up 30% compared to last year.

According to data from real estate software company VTS, office space demand fell by 23% in August.

The city is facing a conundrum: old office towers remain vacant, are too outdated to lure in any new tenants, but are also too new to be fully renovated and...