Tag: CRE

Common’s executive vice president of property management Karlene Holloman will take over as CEO as the firm hones in on becoming profitable.

According to FDI Markets, London has attracted the highest number of foreign direct investments into the tech industry.

“With a surge in demand and limited amount of grade A office space available in metros, quality workspaces are commanding a higher premium,” said Nidhi Marwah.

While returning to the office remains a point of contention for many regions in the country, in other areas, it’s already been settled.

While Manhattan’s leasing volume in July was still 11.6% less than its 2019 average, this growth shows that activity is starting to pick up.

With various operators and a slew of amenities to choose from, it can be difficult for coworking companies to properly market themselves in this increasingly crowded field.

The new location will be situated in a 756-unit mixed-use space in the city’s Riverfront neighborhood and feature a 530-seat within the coworking space.

The company originally planned to occupy ten of the 57 floors at 830 Brickell, but has since reportedly pulled out of the still unfinished development.

The office exodus includes its corporate presence in San Francisco, where it will be leaving its Tenth Street space located near its headquarters.