It’s traditional in lease negotiations for the owner of an office building to ask a prospective tenant to show proof that they are in good financial standing and can be expected to pay rent every month. But the public prognostications comparing office real...
Rates Climb Above National Average for 11 of 15 Largest Property Holders of This Type. Life insurance companies, like some other investor groups, face deteriorating values in their U.S. office holdings. And some of those insurers are exposed to higher-than- average...
Nationally, the amount of sublease space increased by almost 24% between Q1 2022 and Q1 2023 among 50 metro areas examined by Moody’s Analytics Inc. Office sublease space is growing across the United States, but there are key trends that dictate which cities...
In New York, average work values (or tenant-improvement allowances) are up more than 46% since the third quarter of 2019, according to CompStak Inc. A growing spread between starting and effective rents illustrates how office landlords – even among coveted...
Colliers reported Q3 vacancy rates rose 30 bps; and 50 bps year-over-year. U.S. office vacancy rose at an increased pace in Q3 2022 and asking rents are mostly holding firm, but generous concessions remain on offer. Meanwhile, sublease space is at record levels,...
