CBRE’s office utilization survey finds increase in collaborative space design. Employees’ workstyles have changed more in the past two years than in the previous 20, according to a new report about office space utilization by CBRE. Momentum was found with...
Although Current Distress Levels Are Low, Office Properties Backed by Nonperforming CMBS Loans May Signal Potential Defaults. The office sector is still reeling from the popularity of remote work, which means it will likely be more affected than other property types...
Office demand continued to decline in August, the latest sign hybrid work and a more pessimistic economic outlook continue to weigh on the U.S. office market recovery. VTS lnc.’s monthly tracker of office space demand, the VTS Office Demand Index, found demand...
We all know what leases are–legal contracts by which the landlord conveys a property (real estate or equipment) to the tenant for a predetermined time frame. The tenant makes periodic payments to the landlord in exchange of right to use the property for the specified...
We explain how workers are responding. The pandemic upended American offices like nothing in memory. But now many big companies are again starting to require employees to work in person. To understand how that’s going, I called my colleague Emma Goldberg, who covers...