Tag: CRE

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.

Real estate accounts for around 40% of the world’s carbon emissions, indicating a need for significant changes to how the industry constructs and operates buildings.

While it is uncertain how tenants may approach their office take up in the face of an economic downturn, there are factors landlords can look at to prepare.

Recently, Meta chose to walk away from taking up 300,000 more square feet on Broadway in a building where it currently occupies.