RentCafe, Santa Barbara, Calif., has identified 90,300 apartment units in the process of conversion from offices.
Tag: Peter Kolaczynski
CommercialEdge: Q1 Office Sales Dip 17% From 2023
CommercialEdge, Santa Barbara, Calif., reported Q1 office sales fell to $5.4 billion, 17% below the 2023 first-quarter result.
Downsizing Tech Sector Challenges Office Recovery
CommercialEdge, Santa Barbara, Calif., reported tech companies have been laying off workers and downsizing their office footprints to cut costs, which could make the office sector’s recovery even harder.