Tag: CRE

The tech giant will take up a newly built campus — the Mathilda Commons office complex — that includes two four-story buildings totaling 382,500 square feet. 

The study was able to identify which factors are most impacting office usage, including changes in lease revenue, occupancy levels, renewal levels, and lease durations. 

Six out of the 10 markets surveyed saw decreased office occupancy, suggesting that it’s not just the biggest metropolitans suffering from low attendance rates.

With the war for talent raging on, not offering some form of flexibility can prove detrimental to a company’s recruitment prospects. Many companies have adopted a more flexible approach to ...

The former head of EMEA client solutions at CBRE will lead Upflex’s European growth and joins Freddie Case, who will serve as Vice President of Workplace Solutions EMEA.

“It’s a very, very significant change in how corporations, large and small, want to support their (workers) and… how they want to consume real estate,” said Dixon.

According to Stefan Weiss, hybrid employees will cut their office time by an average of around 24% and work remotely an average of 1.6 days a week.

Inflation has driven up the price of food, gas, childcare services, and everything in between; and growing wages are still unable to keep up with the pace.

The post-pandemic era is driving the need for flexibility and highly-amenitized workspaces, thus allowing operators to quickly reach pre-pandemic levels.

Fewer commuters, or workers who commute less often, will translate into a shrinking local revenue base and contribute to fiscal challenges for office buildings, and more broadly, local governments.