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More Tenants Plan To Increase Space Next Year Than Shrink It

Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year,...

7 Commercial Leasing Tips During COVID-19

The COVID-19 pandemic has caused many businesses to struggle. One way to alleviate the financial stress is by approaching landlords to renegotiate commercial lease. Businesses can take several approaches to work out new terms with their landlords. To ensure that your...

CoStar Economy: Why the Return to Normal May Take Some Time

“If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on.” -Sheryl Sandberg, Facebook chief operating officer You wouldn’t know it from media commentary and market swings, but last week included plenty of economic data releases. Granted, the...

2020 in Review: Local office space faced an existential threat

Office space faced an existential threat in 2020. How companies and their employees use office space was upended by the pandemic and the issue is expected to continue to reverberate throughout 2021. The onset of the pandemic that sent office employees to work from...

Companies Tiptoeing Back to the Office Encounter Legal Minefield

White-collar workplaces face liability threats and complex compliance issues that until recently applied more to industrial settings Companies are wary of reopening offices due to the risk of exposing employees to Covid-19. They are also worried about their own legal...