Office Landlord Defaults Are increasing, and Lenders are Preparing
The office sector has been hit hard by the combination of hybrid and remote work, tech layoffs and attendance levels that are a mere half of pre-pandemic rates. As a ...
Stay updated with the latest trends and insights on commercial real estate, including investment opportunities and market analysis.
The office sector has been hit hard by the combination of hybrid and remote work, tech layoffs and attendance levels that are a mere half of pre-pandemic rates. As a ...
Brookfield Corp. has defaulted on loans related to two of their buildings, declining the option to refinance due to an unsatisfied demand for space. In November, they warned that foreclosure ...
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 ...
In order to promote hybrid work, IWG has unveiled its latest contribution to the Spanish market: a coworking space, “Spaces Plaza Molina,” right beside Plaza Molina in Barcelona's Sarrià-Sant Gervasi ...
Bond Collective’s inaugural Flatiron District location is closing after its landlord refused to renew their lease agreement. Shlomo Silber, CEO & Co-Founder at Bond Collective, spoke to Allwork.Space about the ...
A new survey of over 140 large office employers in Manhattan revealed a surprisingly low number of workers returning to the office full time. Instead, hybrid schedules are driving the ...
At its locations near the Elizabeth Line, WeWork reported a 28% average increase in all-access bookings between the Line's opening in May and November 2022.
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.
Featuring five floors, 1,500 desks and an asset-light deal, this marks the company's third space in the city.
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 ...
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