CBRE, Dallas, conducted a new survey on in-office work among corporate real estate leaders, finding that leaders and employees remain dissimilar in views. However, CBRE noted, employers that can clearly communicate the benefits of such work have a higher level of attendance.
Tag: Office Sector
Tech Industry Leasing More Offices, CBRE Finds
CBRE, Dallas, reported that despite challenges in the sector, the tech industry has reclaimed the largest share of U.S. office leasing in the third quarter.
City-by-City Remote Trends Continue to Affect Office Vacancy Rates
CommercialEdge, Santa Barbara, Calif., reported that due to a variance in remote and hybrid work, some cities’ office markets remain more vulnerable than others, affecting metrics such as vacancy rates, rental prices, sales and pipelines.
Small-Cap Office Buildings Buck Concerns in Q1
Conventional thinking says the office market is in crisis, but Boxwood Means, Stamford, Conn., found small-cap office properties aren’t seeing the same trends.
CBRE Projects Office Market Imbalance to Improve as Construction Cools
CBRE, Dallas, reported the supply and demand imbalance in the office market should begin to ease as the number of planned new office developments falls in the next few years.
Tech Sector Pressures Major Office Markets
Office-using sectors added 67,000 jobs in April–a 2% year-over-year increase–but demand for office space remains weak across major markets, reported CommercialEdge, Santa Barbara, Calif.
#MBACMST23: Facing up to Office Sector Challenges
CHICAGO–The office sector faces major challenges, but servicers and asset managers can handle them, panelists said here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
ULI: Office Sector in ‘Full State of Flux’
Offices are here to stay, but the sector is in ‘a full state of flux,’ said the Urban Land Institute, Washington, D.C., and Instant Group, London.
CommercialEdge: Maturing Loans Indicate More Office Sector Uncertainty
CommercialEdge, Santa Barbara, Calif., said office owners will continue to face difficulties, especially those with loans that mature over the next three years.
Office Market Closes 2022 with Rising Vacancies, Declining Sales
The office sector remains unsettled even nearly three years after the COVID-19 pandemic broke out, reported CommercialEdge, Santa Barbara, Calif.