OFFICE ADAPTIVE REUSE PROJECTS

Santander Stays Put: 7-Year Renewal at 437 Madison Ave.

Santander Bank has opted to remain at its current U.S. headquarters, located at 437 Madison Ave. The Spanish financial institution has finalized a seven-year lease renewal for 191,667 square feet, encompassing floors five through 10 of Sage’s 40-story office tower in Midtown East, with the added provision of a lease extension option.

The Plant Shopping Center in San Jose Signs New Tenant

Milan Capital Management and Arc Capital Partners continue the revitalization of The Plant retail space in San Jose with the addition of another attractive store for the the consumers in the region.

Protected: Why the CBDs of Nashville, Columbus & San Jose Lead the Way in Business Diversity

The analysis relies on the Shannon Equitability Index – a commonly-used formula in biodiversity studies – to determine how the central business districts of major U.S. cities ranked across three metrics we argue are vital for the richness and vibrancy of local economies.

Carr Workplaces Reopens Renovated Midtown Manhattan Coworking Location

The newly renovated coworking and shared office space reopens with a wealth of top-tier amenities and facilities designed to meet hybrid work and diverse other professional workspace needs.

46Labs Opens New Office Space in Dallas

46Labs begins new phase of growth in its new and larger office space in Dallas’ West End, located in the industrial-to-office redevelopment project dubbed Factory Six03 on Munger Avenue.

Changes in Commute Times & Remote Work Across Largest Cities in Southern U.S.

Recently, we looked at how commute times had changed across the 50 largest cities in the U.S. since the workforce distribution has become more hybrid than remote. In doing so, we found that, nationwide, the expected correlation between remote work and commute trends was not as strong or as consistent as it was in 2020 and 2021. …

Penzance Expands Industrial Portfolio With $55 Million in Northern Virginia Purchases

The $55 million acquisition included Gateway Centre in Northern Virginia — a 102,277-square-foot industrial flex building constructed in 1988 and located at 7201-7401 Gateway Court — and Linden Business Center, a similarly sized, 109,809-square-foot property at 7245-7795 Coppermine Drive that was built in 2001. The assets total 212,086 square feet and were sold by a partnership between Davin Holdings and The Davis Companies.

Aphorio Carter Expands Data Center Portfolio in Kentucky

Aphorio Carter makes eighth and ninth data center acquisitions since the company founding in 2022, now totaling nearly $240 million in total assets under management.

Expert Insights: Jeffrey Gural on the Office Market in 2025

For our latest interview in the Expert Insights series, we had the pleasure of chatting with Jeffrey Gural, chairman of GFP Real Estate LLC (formerly Newmark Holdings and Newmark Knight Frank). Gural joined Newmark Knight Frank in 1972. He served as chairman until 2017 and now holds the title of chairman emeritus. For approximately six …

Global Holdings Locks In 31,000-Square-Foot Lease Expansion at 99 Park Ave.

Having outgrown its current headquarters at 200 Madison Ave. (for which it had originally signed a decade-long agreement in early 2022), Garan is now leasing the entirety of the 31,663-square-foot sixth floor at 99 Park Ave., a property managed by Global Holdings Management Group. This expansion complements Garan’s existing 31,754-square-foot space on the property’s seventh floor to bring its total footprint to 63,417 square feet.

Protected: The Greenest Offices in the U.S.: Why D.C. & California Markets Continue to Lead in Sustainability

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Newmark Signs Renewal With SL Green, Doubles Footprint at 125 Park Ave.

SL Green, the dominant office landlord in Manhattan, has finalized a 15-year, 144,418-square-foot renewal and expansion lease with Newmark at 125 Park Ave.

Provident Begins Construction of Phase 4 at El Paso Industrial Park

Gateway Logistics Park is well positioned for tenant operating in cross-border logistics and distribution and phase four will deliver nearly 500,000 square feet of new class A industrial space to the El Paso, Texas, market.

HuFriedyGroup Inks Lease at Logistics Center in Glenview

Dental instrument manufacturer leases full building at Dermody’s Glenview industrial logistics facility north of Chicago. One of the several campus buildings still in development has also been pre-leased.

Office Pipeline 2025: Construction Slowdown Expected to Stabilize Vacancy Rates

Following a 44% year-over-year drop and standing at an estimated 55 million square feet, the total volume of U.S. office space under construction this year is the lowest it’s been in a decade. Even so, a look at construction activity across U.S. markets reveals Boston’s continued dominance (8.7 million square feet), despite the shrinking pipeline.

Merritt Completes Leasing at Jacksonville Industrial Park

After reaching full occupancy of both phase one and phase two of the Imeson industrial park in Jacksonville, Meritt is looking at kicking off phase three of development in the near future.

M2G Ventures Buys Industrial Park in North Dallas Submarket

The property incorporates more than 180,000 square feet of north Dallas industrial space and was reportedly nearly 100% leased at the time of sale.

Best of Both Worlds: Massachusetts’ Top Cities Accommodating Both Remote & In-Office Work

If you’ve debated trading Boston’s Seaport for Newton’s leafy suburbs or weighed Springfield’s short commutes against Worcester’s parking perks, you’re not alone: Hybrid work has reshaped Massachusetts, altering not just how people work, but also how cities accommodate them. Now, some companies are calling employees back, while others embrace flexibility, thereby forcing cities to adapt. …

Amazon Partners With WeWork to Expand Footprint at Five Manhattan West

Amazon and WeWork are partnering again, this time at Five Manhattan West in Hudson Yards. The coworking firm has executed a 112,265-square-foot sublease at the Brookfield Properties-owned office building for the e-commerce giant to secure space that was previously held by the Interpublic Group of Companies.

Fisher Brothers Secures New, 10-Year Loan for 299 Park Ave.

Fisher Brothers has secured a $500 million refinancing loan for its recently completed renovation of 299 Park Ave., its Midtown office property and headquarters. Citi Group and J.P. Morgan are providing this new, 10-year mortgage, which exceeds the building’s previous loan by more than $100 million.

Q4 2024 Industrial Ranking Report: Phoenix Holds Onto #1 Spot as Nationwide Construction Slows

We ranked the nation’s major industrial markets in Q4 2024 based on several indicators such as rent growth, vacancies, online searches and more. See the full list here.

3 Features for CRE Broker Success in 2025

Online internet listing service (ILS) platforms continue to revolutionize how business is done in the real estate sector. That’s because modern digital tools and features come together for brokers, tenants, sellers, and buyers to find the right properties and connect with each other to seal the deal. CommercialCafe — a trusted Yardi marketplace — is …

Rockpoint Buys Central Massachusetts Distribution Center in Record Deal

Rockpoint’s aquisition of the 70-acre Greater Boston warehouse and distribution property marked the largest real estate sale in Central Massachusetts since the Staples headquarters changed hands in 2020.

Protected: U.S. Data Center Boom: Northern Virginia Leads, but Atlanta & Phoenix Closing In

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New Headquarters Building Breaks Ground in Washington, D.C. Suburb

HITT Contracting begins work on new headquarters office space in suburban Washington D.C. with a commitment to sustainable building practices and innovation in construction technologies.

Q4 2024 Office Markets Ranking Report: Office Deliveries Slow, Coworking Scene Continues Expansion

Boston and San Diego lead the ranking among office markets larger than 100 million square feet, while Miami scored highest among mid-sized markets in Q4 2024.

Hyundai America Inks New Lease for Orange County Warehouse

Hyundai America Technical Center, the research and development arm of Hyundai Motor Company, has leased a 91,600-square-foot distribution warehouse at LogistiCenter at Irvine II in Irvine, Calif.

Teladoc Health Expands & Moves Headquarters to 10 Grand Central

Teladoc Health has renewed and expanded its lease at Marx Realty’s 10 Grand Central. The company doubled its office space to 15,000 square feet in a 10-year agreement. This move coincides with Teladoc Health’s relocation of its corporate headquarters from Purchase, N.Y., to New York City.

Carr Workplaces Opens New Coworking Space in Washington, D.C.

The new Washington, D.C. Capitol Hill coworking space is conveniently located within close proximity of several landmarks of significant historical and political importance.

1st Hyperscale Data Center Campus Coming to Kentucky

Work on the first phase of the hyperscale data center campus in Louisville is expected to begin in 2025. First building delivery expected in Q4 2026.

Park Avenue Manhattan Office Tower Fetches $360 Million

The high rise at Two Park Avenue sold in one of the largest transactions of office space in Manhattan in 2024. Claiming a price tag of roughly $360 per square foot, the property is now owned by Haddad Brands.

No-Fault Group Expands HQ at New Coral Gables Location

The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla. The move also marks a significant expansion of its footprint as the firm will nearly double the size of its headquarters.

Great Lakes Metros Driving Innovation & Business Opportunities: These Are the Best Places for Tech Workers in the Midwest

Madison, Wisc. headed the ranking for the top 20 tech metros across the Midwest, with outstanding performances for its ratio of tech employment opportunities within the local economy, tech business density and life quality index.
In second place, Ann Arbor, Mich. mirrored Madison’s performances, while Chicago’s third-place finish reflected its strength in terms of research and tech innovation, along with its ability to provide attractive wages to the best professionals.

Douglas Sells 3 DC Properties for a Combined $96 Million

The transaction involved the former Pappas Tomato Factory building at 1401 Okie St. NE, the historic Equitable Co-Operative Building Association property at 915 F St. NW and a 16-acre parcel near the National Arboretum. 

PrimeSource Signs Last-Mile Logistics Lease in Hudson Valley, NY

The Maybrook Logistics Center offers excellent connectivity across the region and links PrimeSource with some of the strongest markets east of the Mississippi.

Construction Complete on Office-to-Residential Conversion in Downtown Dallas

Dallas ranked among the top 20 U.S. cities for office conversion, and the Santander Tower adaptive reuse project to turn 14 office floors into residential space is just the latest in a string of successful mixed-use deliveries.

Lululemon Doubles Retail Space at Savannah Flagship

Athleisure sensation Lululemon recently opened an enhanced retail space in downtown Savannah, GA, which marks an expansion of almost double its former flagship space in the city.

Workbox Gears Up for 1st Pennsylvania Location

Workbox brings a variety of flexible office solutions to meet the needs of local entrepreneurs and businesses and builds unique networking and community support opportunities.

Joint Venture Locks Down $600 Million Construction Loan for Virginia Data Center

Blue Owl Real Estate, in partnership with Chirisa and PowerHouse Data Centers, has secured a $600 million construction loan to develop a 50-megawatt data center in Chester, Va. The project, located within the Chirisa Technology Park, is strategically positioned approximately 20 miles south of Richmond.

Best of Both Worlds: Florida’s Top Cities Accommodating Both Remote & In-Office Work

The rise of remote work has reshaped the American workplace, but the reality for many households is a delicate balancing act: While some family members embrace remote work, others may require daily commutes to the office. With that in mind, the following study explores this dynamic in Florida by identifying the top 10 cities that best …

Morgan Stanley Offloads Midtown Office Tower for $360 Million

Morgan Stanley has offloaded its 28-story office building at 2 Park Ave. to Haddad Brands for approximately $360 million. This deal marks one of the largest office investment sales in New York City this year.

Howard’s Appliances Expands with New Headquarters & Distribution Center

Howard’s Appliances has secured a significant lease for its new corporate headquarters, main distribution center, showroom and outlet. The company has leased a 127,540-square-foot industrial facility at 111 N. Baldwin Park Blvd. in the City of Industry, Calif.

South’s Best Metros for Tech 2024: Washington, D.C. & Austin Set Pace, Dallas Gains Ground

This year, as tech companies search for new talent and opportunities, the Southern U.S. continues to rise as a choice destination. Defined by affordability, specialized industries and world-class universities, the region offers fertile ground for growth. With institutions like Georgia Tech — which produces more tech graduates than any other college in the nation — [...]

Atlantic Coast Innovation: Here Are the U.S. Northeast’s Best Metros for Tech in 2024

The Northeast’s best metros for tech include innovative university towns as well as high-density cities with venture capital to boot. Check out the full top 20 list and see how the U.S. Northeast’s innovation hubs fared this year.

Broe Group Buys Former Kellogg’s Manufacturing Facility

With this acquisition, The Broe Group joins industry giants including UPS, Amazon, Lowe’s, Google, and Walmart in Atlanta’s premier I-20 submarket.

Global Law Firm Nabs Full-Floor Lease in Austin’s Newest Office Tower

Pillsbury Winthrop Shaw Pittman expands its presence in Austin with a new full-floor lease at The Republic, the newest (and the tallest upon completion) office tower in the downtown Austin skyline.

What Are the Top U.S. Cities for Office Conversion?

How much office space is a feasible candidate for conversion to residential use? We look at data on the 30 largest office markets in the U.S. to rank the locations by best-rated conversion potential.

IRG Buys Unique Waterfront Property in Houston

The manufacturing facility is strategically located along the Houston ship channel and features several high-value amenities, in addition to 800 feet of frontage on the channel and the ability to add a deepwater dock for bulk vessels.

Apple Expands Footprint at 11 Penn Plaza

Apple has significantly expanded its presence at 11 Penn Plaza, a Midtown Manhattan office building owned by Vornado Realty Trust. The tech giant has secured an additional 61,000 square feet, bringing its total occupancy to 460,000 square feet.

Alexandria Real Estate Signs Long-Term Tenant Expansion at San Carlos Life Sciences Campus

Vaxcyte signed a lease for roughly 260,000 square feet of life sciences office space in San Carlos, in Building 1 of Alexandria Real Estate Equities’ San Francisco Bay Area mega campus.

Revlon Joins NEST With Lease for Innovation Hub Relocation

Revlon is the first tenant to lease office space here since Merck vacated the property and will be consolidating several divisions in more than 60,000 square feet of R&D office space at 15 NEST.

How U.S. Commute Times Have Changed in the Hybrid Work Era

The “back to normal” still looks like a slightly different normal in many ways, including commute trends. We look at how commute times have changed since the remote workforce shifted more into a hybrid arrangement, based on the latest numbers released by the U.S. Census Bureau.

Ditching College for Trade School: The State of Vocational Education & Labor Market in the U.S.

What is the role of vocational education and trade schools in today’s U.S. labor market? With higher education becoming evermore inaccessible due to the financial strain it places on students, many Gen Zers are showing increasing interest in developing practical skills instead of going to college. In addition, the hiring shortages that affected several fields …

Dalfen Industrial Secures Lease for Miami Industrial Development

Dalfen Industrial has announced that ComfortSide, LLC, a leading HVAC equipment company, also known as Cooper & Hunter, has closed on a 96,000-square-foot lease deal at its recently completed Midpoint Miami Logistics Center in Hialeah, Fla.

Rising Ground Inks New Lease for 27,000-Square-Foot Brooklyn Office Space

Rising Ground, a prominent human services organization, is relocating its downtown Brooklyn office to 111 Livingston St. The nonprofit has signed a 15-year lease for 27,147 square feet on the 19th and 20th floors of the building.

Protected: Life Sciences Under the Microscope: Spotlight on the Fastest-Growing U.S. Submarkets

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Shared Warehousing Brand Enters Atlanta Industrial Market

SHIFT: South Fulton aims to meet the needs of entrepreneurs and businesses of all sizes by offering a variety of warehousing options across more than 100,000 square feet of space.

Q3 2024 Office Markets Report: Examining Key Trends in the 100 Largest Office & Coworking Markets

We compared and scored the 100 largest office markets in the US to see which performed best across several key indicators including asking rent, vacancy, loan maturities, coworking growth, deliveries and under-construction pipelines, and more.

Cabot Properties Snaps Up Major Inland Empire Industrial Portfolio

Cabot Properties has acquired a four-property industrial portfolio in southern California’s Inland Empire for $202 million. The portfolio, totaling nearly 670,000 square feet, was previously owned by an affiliate of Blackstone’s Link Logistics.

Joint Venture Acquires Springfield Commons Shopping Center

The property includes roughly 120,000 square feet of suburban Washington, D.C., retail space and was nearly 80% leased at the time of purchase. Its new owners expect to bring leasing to nearly 100% in the short term.

Q3 2024 Industrial Ranking Report: Phoenix Nabs #1 With Strong Pipeline & Deliveries

Our ranking report of U.S. industrial markets in Q3 2024 ranked top locations by rent growth, vacancies, online search interest and more.

CoreWeave Leases Kenilworth Lab Space for Data Center Conversion

CoreWeave, with assistance from the property owner and the local electricity utility, will work to transform the 11NEST building at the Northeast Science & Technology Center in Kenilworth, N.J., into a state-of-the-art data center facility to support the innovative biotech community in the region.

TRG Development & Grandview Partners Secure $100M Loan for Dallas Industrial Park

Grandview Partners and TRG Development obtained nearly $100 million in financing for Core45, a 1.64-million-square-foot industrial park in Wilmer, Texas. Benefit Street Partners provided the loan that will be used to refinance existing debt acquired by the property in December 2021.

Industrial Market Outlook: E-Commerce Resumes Growth

E-commerce, which slowed in 2023 after its pandemic-driven peak, is showing signs of recovery in 2024. According to the latest CommercialEdge national industrial market report, online sales reached $291.6 billion in the second quarter, marking a 1.3% increase from the previous quarter and a 6.7% rise year-over-year. With that, e-commerce now accounts for 18.8% of …

Best Spots to Work Remotely in Chicago

Renowned for its architectural marvels, deep-dish pizza and dynamic cultural scene, Chicago is a thriving hub for professionals of all types. Whether you’re a freelancer, entrepreneur or someone working remotely, the city offers a variety of spaces where you can set up shop for the day. Plus, Chicago’s diverse neighborhoods are home to an array …

CIM Group Forecloses on Manhattan Boutique Office Owned by Arch Companies

CIM Group — a real estate lender, developer and operator — has foreclosed on an Arch Companies-owned boutique office space in Manhattan. This action follows months of turmoil for Arch, including internal disputes and financial difficulties.

Miami Office Tower Changes Hands in Historic Sale

The commercial property changed hands in an all-cash transaction that was one of the biggest sales to close in the state of Florida, to date.

Top 10 Texas Cities Supporting Remote & In-Office Work: The Best of Both Worlds

As work environments shift in the post-pandemic era, many households are navigating a balance between remote and in-office work. While some professionals are returning to the office full-time, others continue to opt for hybrid or fully remote arrangements. This evolving landscape makes cities that support both work-from-home (WFH) and office-based work (WFO) increasingly valuable. Accordingly, …

Rockpoint Sells Stake in San Diego Business Park

Rockpoint has sold its stake in the San Diego business park located in the submarket of Otay Mesa on Sanyo Avenue to acquisition partner Badiee Development, marking the third investment this joint venture handled together.

From Rust to Renaissance: The Industrial Heartland’s Long Road to Recovery Continues

For decades, the narrative surrounding America’s Rust Belt was one of decline — factories lying dormant, population decline, urban blight and struggling communities. However, a quiet but determined effort has been underway to revitalize the region, as documented in one of our previous reports. But, capturing this resurgence in a single snapshot is no easy …

Blue Owl Capital Grows Presence at Seagram Building

Blue Owl Capital has significantly expanded its footprint at RFR Holding’s iconic Seagram Building. The firm renewed its existing lease for 168,597 square feet on floors two through six and added an additional 70,076 square feet on floors 16 through 19.

Ares Industrial Management Buys New 4-Building Warehousing Complex in Miami for $147 Million

A joint venture between Butters Construction & Management and Greystar has sold the 23.1-acre Miami Midway Park to Denver-based Ares Industrial Management for $147 million. This represents a price of $291 per square foot and is the largest industrial purchase in south Florida so far this year.

Workbox Moves Chicago HQ to Fulton Market

Workbox moves its headquarters to Fulton Market, a vibrant hub for small early- and growth-stage businesses, which also makes up the majority of the firm’s clients.

Pegasus Park Opens 135K SF of New Lab Space in Dallas

Totaling more than 130,000 square feet of Dallas commercial real estate, the new laboratory space opened at the Pegasus Park life sciences campus boosts the burgeoning biotech hub growing in the region.

Clarion Partners Secures Refinancing for Boston-Area Life Sciences Property

Clarion Partners has secured a $94 million loan to refinance Linx, a 185,000-square-foot, Class A life sciences property that opened six years ago in Watertown, Mass., a suburb of about 35,000 people eight miles west of downtown Boston. 

CVC Secures Its First Industrial Lease in Northern Virginia

CVC Distribution’s new lease highlights the continued growth and demand for industrial space in the region. The company’s expansion into Northern Virginia underscores the area’s attractiveness as a strategic location for businesses seeking access to the thriving D.C., Maryland and Virginia markets.

Georgia Pacific Proposes Massive Office-to-Mixed Use Conversion in Downtown Atlanta

The Georgia-Pacific office headquarters building will be the subject of one of the largest adaptive-reuse projects in the country, which will transform the office tower into a mixed-use commercial space and residential units property.

Expansive Opens 7th Coworking Space in Chicago

The new Chicago flexible office space hub offered by Expansive at Two Pru in the city’s lakefront east business district will open officially in October and provide everything from private office suites to coworking desks and one-day office memberships.

Vita Coco Relocates Headquarters to Flatiron District Office

Vita Coco has signed a 22,530-square-foot, decade-long lease for its new headquarters at 111 Fifth Ave. in Manhattan’s Flatiron District. The new location is just a short walk from the company’s current headquarters at 250 Park Ave. S. Both office buildings are situated near Union Square, which has recently attracted the attention of several large tenants.

Bridgewater Associates Expands to Manhattan With New Office Lease

Bridgewater Associates is poised to establish its first U.S. office outside of its Connecticut headquarters in Westport. The firm is reportedly close to finalizing a lease for office space at 295 Fifth Ave. in Manhattan between 31st and 30th streets.

Lingerfelt Bags Anchor Tenant at Richmond, Va., Business Park

Vital Records Control joined the tenant roster at Ruffin Mill Distribution Center with a lease of more than 230,000 square feet of industrial space, which brought the suburban Richmond, Va., property to 100% occupancy.

Zoomer Boomtowns: Mid-Sized U.S. Cities Drawing Graduating Gen Zers

The best mid-sized cities (population ranging from 250,000-400,000) for Generation Z included locations across the Midwest and South, attracting young people with employment opportunities, fun factor and more.

Boulder, Colo., Suburb Redtail Ridge Innovation Campus Gets Green Light

The City of Louisville, CO has approved phase one of the Redtail Ridge innovation district project, which aims to deliver new life sciences and office space to the Boulder, CO metropolitan market.

Yeshiva University Signs New Office Lease in Manhattan to Expand Health Sciences Programs

JEMB fills the office space left vacant in 2022 with a new lease taken on by Yeshiva University, which will be adding 160,000 square feet of prized Manhattan office space to its footprint in the city.

Texas Research Quarter Clears 1st Hurdle to Development

NexPoint’s redevelopment of the former EDS campus in Plano received city approval and a tax increment reinvestment zone benefit for phase one and seeks additional funding facilities before desired construction start in 2025.

Christie’s Signs New Lease at Rockefeller Center

Renowned auction house Christie’s has renewed its 25-year lease at Rockefeller Center in New York City. The decision to stay put at its 400,000-square-foot headquarters came after careful consideration of relocation options.

Top Things to Do in Denver While on a Business Trip, According to Locals

The Mile High City, Denver offers a blend of urban sophistication and outdoor adventure, making it a destination that appeals to both business and leisure travelers. With its stunning, natural beauty; rich cultural scene; and vibrant neighborhoods, Denver is a city that promises a memorable experience for all. So, to help you make the most …

Best Spots to Work Remotely in Detroit

Detroit, often celebrated for its pivotal role in the automotive industry and its rich musical legacy, has undergone a renaissance that blends its historical roots with a burgeoning creative and entrepreneurial spirit. As such, the city’s revitalized neighborhoods are now home to an eclectic mix of cafés, restaurants, and coworking spaces that cater to remote …

Boston Proper Signs New Lease for Boca Raton Headquarters

Boston Proper has agreed to remain at its headquarters at 1155 Broken Sound Parkway NW in Boca Raton, Fla. for another 10 years. The property is owned by Adler Real Estate Partners.

Local Investment Group Acquires Iconic Seattle High-Rise

Despite high office vacancy in the downtown Seattle market, the new owners believe upgrading office space and visitor experience at the Smith Tower to meet modern and foreseeable standards will attract more business and foot traffic back to Pioneer Square.

Northwind Group Issues Acquisition Loan for 100 Wall St.

A joint venture of BLDG and DWREI recently acquired the iconic 29-story office building at 100 Wall St., totaling more than 500,000 square feet of class A Manhattan office space.

Bain Capital Expands Boston Back Bay Headquarters

Bain Capital expanded it headquarters lease to nearly 400KSF of office space in Boston at BXP’s 200 Clarendon, the tallest office tower in New England.

2024 Mid-Year Office Construction Report: Boston Numbers Hold Strong

Across major U.S. markets, office construction numbers total approximately 77 million square feet, with Boston contributing some 12 million square feet, followed by Dallas and San Francisco with similar amounts (5 million square feet).

Mitsui Fudosan Signs New Office Tenant at 1251 Avenue of the Americas

DCMA is moving headquarters from the Financial District to office space in Midtown Manhattan’s Rockefeller Center. The financial company leased the 49th floor of Mitsui Fudosan America’s 1251 6th Ave.

Manufacturing Drives 16.1% of 2024 Industrial Starts So Far

The most recent national industrial report by CommercialEdge highlights a continued slowdown in the industrial development pipeline after two years of unprecedented delivery levels: For six consecutive quarters, completions have outpaced new starts, leading to a noticeable contraction. Even so, looking ahead, the report forecasts a gradual uptick in the new development pipeline in the …

Willkie Farr & Gallagher Stays Put at Midtown Manhattan Office

Law firm Willkie Farr & Gallagher has extended its lease at its 315,000-square-foot headquarters within CommonWealth Partners’ 787 Seventh Ave. for another two decades. The firm will look to renovate the 51-story Theater District office building to meet future needs, although financing details for the planned upgrades were not shared.

ATCO Locks Down 2 Lease Renewals at Midtown Office

ATCO Properties & Management has sealed two renewals at 555 Fifth Ave. as existing tenants Telsey Advisory Group (TAG) and Maritime Capital LLC committed to the 257,000-square-foot property in the heart of Midtown. Both firms have been part of the building’s tenant roster since 2017, according to the landlord.

Mohr & Standard REI Plan Spec Industrial Project in Reno

The Mohr Capital and Standard REI joint venture is banking on the emergence of the Reno industrial market as an increasingly attractive distribution hub for the region.

Boxer Streamlines Leasing Process & Increases Lead Generation With CommercialEdge ILS Network

Since adopting the CommercialEdge Listing Network with premium listings, Boxer has seen a significant increase in leads and conversions. For example, closed lease rates jumped from 9% to 16%, demonstrating the effectiveness of the platform. Additionally, the company benefits from accurate and automated data transfer; simplified multi-platform property presentation; and improved search visibility.

Expansive Launches New Chicago Coworking Location at The Opus

Formerly known as Novel Coworking, Expansive Workspaces now boasts a network of more than 40 shared office locations in 32 U.S. cities. Chicago coworking space locations now also include 3838 N. Ravenswood Ave.

Hot Spots for Self Storage Development Potential: New England Leads the Boom

The self storage industry has been booming over the past decade, adding 25% of the total inventory nationwide. Despite a brief slowdown during the pandemic, 2023 saw the addition of 53 million square feet of new space, with 2024 projected to contribute another 54 million rentable square feet. This surge in construction activity is driven by robust and growing demand within the sector.

Best Spots to Work Remotely in Baltimore

Baltimore, known for its rich history and vibrant culture, is also becoming a hub for remote work. As the city continues to evolve, it offers an array of dynamic and inspiring environments perfect for remote professionals. From cozy cafés to sophisticated coworking spaces, Baltimore has options to suit various working styles. Whether you need a …

Top U.S. Cities Where Gen Z Can Find Affordability, Community & Fun in 2024

Atlanta retook the mantle of best city for the up-and-coming Generation Z. Here’s how the rest of the cities above 400,000 residents in the U.S. stood as well as regional rankings.

Carlo Bellini-Owned Financial District Office Changes Hands in $297 Million Transaction

Carlo Bellini’s 99c has expanded its footprint across New York City with the acquisition of a 1.2-million-square-foot office tower in Manhattan’s Financial District. The company forked over $297 million to buy 180 Maiden Lane from a joint venture between Clarion Partners and MHP Real Estate.

Sterling Bay Signs Leases with U.S. Travel Association & CEPI in Renovated D.C. Office

A joint venture comprised of Chicago-based Sterling Bay — along with MRP Realty and Declaration Partners — inked two new leases with the U.S. Travel Association and the Coalition for Epidemic Preparedness Innovations (CEPI) for a total of 25,745 square feet at its Washington, D.C. offices at 1899 Pennsylvania Ave.

Third Time’s The Charm? Ikea Makes Third Try for New York Location

Ingka Group’s investment arm joined Extell Development’s tower at 570 Fifth Avenue, one of the best Manhattan retail space locations, where the company intends to open an 80 K SF ground floor IKEA client meeting point.

Seagis Inks Full-Building Lease at Northern New Jersey Warehouse

Seagis has found a tenant for its Northern New Jersey industrial space building in East Rutherford. The tenant signed a full-building lease for the recently renovated property and joins the revitalized Meadowlands industrial submarket.

Top U.S. Cities for International Students: Ranking Cities by Global Student Community, Support, Cost & Leisure

Hosting more than 1 million international college students during the 2022-2023 academic year, the U.S. remains the top choice for higher education abroad. Renowned for its world-class universities and with a decades-long history of cutting-edge technological innovation, the country consistently attracts the best and brightest global minds. Additionally, this global cohort of scholars contributes significantly to the …

Best Places for Millennials to Live & Work in 2024 – Top 20 U.S. Metro Areas

Millennials (currently aged 28 to 43) make up nearly 22% of America’s population. This makes their well-being important not only for themselves, but also for the broader U.S. economy. While major events like the Great Recession required them to adjust their economic expectations compared to their Baby Boomer parents, there are signs that this generation …

Denver Welcomes New Class A+ RiNo Office Building

New Denver office space is open for business in the RiNo district, at the Paradigm River North project developed by a joint venture between and Jordon Perlmutter & Co. and Rockefeller Group.

Harbor Associates Secures Refinancing of Formerly Distressed Westwood Office

Harbor Associates and F&F Capital Group secured a $36.3 million refinancing loan from Argentic Real Estate Finance. The five-year loan with a fixed interest rate of 7.5% will be used to pay off existing debt on the 158,000-square-foot property located 1640 Sepulveda Blvd.

Top Things to Do in Chicago While on a Business Trip, According to Locals

Chicago is a vibrant metropolis known for its stunning architecture, diverse cultural scene and iconic skyline. As such, the Windy City is a blend of modern innovation and rich history, offering something for everyone. From the bustling Magnificent Mile to the tranquil, lakefront paths, Chicago is a place where every corner has a story to …

RFR Fetches $560 Million for Upper East Side Property

Aby Rosen’s RFR Holding recently sold 980 Madison Ave. — a mixed-use building on the Upper East Side known for its art galleries — for more than half a billion dollars. The buyer is Michael Bloomberg’s Bloomberg Philanthropies, which intends to convert the property into a family office.

WaterFurnace International to Double Fort Wayne Headquarters Office Footprint

The renewable energy technology and manufacturing company will reportedly ensure energy for the sizeable headquarters expansion through the existing pond loop heat pumps on site.

Best Spots to Work Remotely in Las Vegas

Known for its vibrant nightlife and entertainment, Las Vegas is also home to an emerging scene for remote work. And, as the city diversifies beyond its gaming roots, it’s becoming a hub for professionals seeking dynamic and inspiring environments to work in remotely. From hip cafés to sophisticated coworking spaces, Las Vegas offers an array …

PMB Tops Out New Medical Office Building in San Jose, Calif.

An essential part of the Bascom Station mixed-use project, this development marks the 10th local Valley Health Center and delivers more than 200,000 square feet of San Jose medical office space to meet the needs of the surrounding community.

Breakthrough Secures 3 Biotech Tenants for Lab & Office Space in Cambridge, Mass.

Incendia Therapeutics, Larkspur Biosciences, and Deep Genomics join the Cambridge MA ecosystem and rent new Boston office space being redeveloped at One Canal by Breakthrough.

Best Spots to Work Remotely in Boston

In a city where history meets innovation, Boston stands out as an exceptional location for remote work. Known for its rich academic heritage and vibrant cultural scene, Boston offers remote workers an array of inspiring and dynamic spaces. From cozy, tucked-away cafés to sleek, modern coworking hubs, the city caters to a variety of professional …

Hines’ Hudson Square Footprint Reaches 22,000 Square Feet Following Latest Expansion

Hines — a Houston-based real estate investor and developer — is expanding its Hudson Square presence by connecting its existing, 17,000-square-foot office space on the 12th floor of 345 Hudson St. to an additional 15,000 square feet in the adjacent building at 555 Greenwich St. This 12-year lease expansion is part of a joint venture with Trinity Church Wall Street and Norges Bank Investment Management. Hines developed and owns both properties.

Writers Guild of America East Renews Lease for Hudson Street Headquarters

The Writers Guild of America East (WGAE) decided to renew its 16,749-square-foot lease at the Jack Resnick & Sons-owned 250 Hudson Street for an additional 16 years. The 70-year-old labor union will maintain its presence on the seventh floor of building, which has been home to their headquarters since 2010.

6 Things to Do in Houston While on a Business Trip, According to Locals

Right in the heart of Texas, Houston is a dynamic city where Southern charm meets urban sophistication. Known as the Space City, Houston boasts a skyline punctuated by impressive skyscrapers and a sprawling network of diverse neighborhoods, each with its own unique character. The city’s rich history is further reflected in its vibrant arts scene, …

Geneva Commons Shopping Center Changes Hands

The shopping center includes more than 437,000 square feet of suburban Chicago retail space and is home to a plentiful variety of notable tenants as well as a dynamic mix of amenities.

PowerHouse Bringing Massive Data Center Campus to Las Colinas, Texas

One of the most desirable submarkets in the Dallas-Fort Worth metroplex, Las Colinas has attracted a new data center campus project planned to span 1 million square feet and deliver the first powered shell as soon as 2025.

HOK Inks New 25,000-Square-Foot Lease at One Pru Plaza

Architecture firm HOK has signed a 13-year lease at Wanxiang America Real Estate Group’s One Pru, formerly known as One Prudential Plaza. The company is set to occupy a 25,500-square-foot space on the 14th floor of the 41-story building.

HOK will vacate its current premises at 333 S. Wabash Ave. in Chicago early next year upon the expiration of its 27,000-square-foot lease.

Palantir Secures Lease for 140,345 Square Feet at 620 Avenue of the Americas

Data analytics and intelligence firm Palantir Technologies has agreed to a new lease deal at the RXR-owned 620 Avenue of the Americas. The company, which previously leased the space through WeWork, is set to retain its existing footprint of 140,345 square feet within the Chelsea building.

Flexible Work With Your Furry Friend: 50+ Most Pet-Friendly Coworking Spaces in the U.S.

For many pet owners, the workday can be a struggle. Leaving our furry companions at home can be heartbreaking, and doggy daycare costs can quickly add up. Conversely, although remote work offers the flexibility to stay home with your pet, it can also lack the social interaction and collaborative spirit of a traditional office. But, …

New Owner Swoops in to Save Downtown Denver’s The 410

The 410 office building offers occupants an excellent location in the heart of Denver that is easily accessible and surrounded by a wealth of amenities catering to all tastes and needs.

Mohr Signs Full-Building Tenant for Recovered Tornado-Stricken Warehouse in Indy Submarket

The largest structure in the Mohr Logistics Park, Building 6 offers 1 million square feet of class A industrial space in the well-connected Indianapolis submarket of Whiteland.

Mediplex Completes Redevelopment of Medical Office in Philadelphia Suburb

The redeveloped suburban Philadelphia medical office property brings modern outpatient healthcare services closer to the community.

New Uptown Dallas Office Tower Secures Construction Financing

Pacific Elm Properties’ new trophy Dallas office tower in the Uptown submarket is half pre-leased by the Bank of America.

Best Spots to Work Remotely in Seattle

Seattle’s evolving work culture reflects a shift toward more flexible work environments, blending its rich history with modern amenities to create perfect spots for remote work. From vintage coffee houses with a touch of the Jazz Age to sleek, modern coworking spaces, Seattle offers a variety of atmospheres to enhance productivity and creativity. Whether you’re …

Kobalt Music Reduces Footprint at 2 Gansevoort in New, 10-Year Deal

Kobalt Music Group has opted to maintain a presence in the Meatpacking District by renewing its lease at 2 Gansevoort St.
This decision comes after Kobalt previously subleased all of its office space in the nine-story building. According to an anonymous source familiar with the deal, Kobalt signed a new, 10-year lease for a smaller footprint of 10,000 square feet. The asking rent for this space was $115 per square foot.

TNT Services Grows Industrial Footprint in Maryland

TNT Services Group has announced the relocation and expansion of its suburban Maryland facilities. The company signed an agreement for 11,501 square feet of flex/R&D building space at St. John Properties’ Milford Town Center in Bowie, Md. It’s expected to move its operations from its current 9,800-square-foot premises in Prince George’s County this summer.

Expert Insights: Pamela O’Brien Talks Office Design Trends, Challenges & More

For the latest interview in our Expert Insights Series, we had the pleasure of speaking with Pamela O’Brien, an award-winning luxury interior designer, writer, and speaker. Prior to founding Pamela Hope Designs, O’Brien served as a spokesperson in media and public affairs. She had the opportunity to collaborate with major media networks and contributed to …

Latitude 33 Opens Downtown Los Angeles Office at The Collection

One of the first large office buildings to rise in the now renowned retail corridor, The Collection offers some of the best flexible office space in the Los Angeles central business district.

Black Lion Acquires Miami Beach Building, Plans Ultra-Luxury Office Transformation

Black Lion — a prominent real estate development company led by Robert Rivani — has announced the acquisition of The Lincoln, a mixed-use property located at 1691 Michigan Ave. in Miami Beach. Black Lion purchased the building for $62.5 million. The sale is the largest of its kind on the Miami office market since 2016.

Top 25 U.S. Metros for Life Sciences: Boston, San Francisco & New York Lead the Way

Which U.S. metros are best positioned to nurture growth and success of life sciences in 2024? We analyzed data on more than 100 MSAs and ranked them accordingly.

AI Boom Drives Data Center Development

Amidst the slowdown in the industrial sector, data centers are proving to be a bright spot. Fueled by the growth of AI and its immense data storage requirements, demand for data center space is surging: According to the latest national industrial report by commercial real estate listing platform CommercialEdge, there was 27.4 million square feet …

Convene Expands Midtown Lease for 360 Madison

Convene, a leading designer and operator of premium meeting, event, and flexible workspace solutions, is expanding its presence in Midtown Manhattan. The company has signed a lease for an additional 22,500 square feet of space at 360 Madison Avenue, where it already operates a successful venue.

Best Places for Remote Work in Atlanta

The shift toward remote work has not only transformed how we approach our professional lives, but also where we choose to conduct our daily tasks. To that end, Atlanta stands out as a city that blends historical charm with a modern, bustling vibe, thereby making it an ideal backdrop for remote workers in search of …

PUMA Grows U.S. Presence with New Hollywood Creative Office Space Lease

PUMA inked a deal for 23,000 square feet of office space at Bardas Investment’s Hollywood office at 6345 Fountain Avenue. The move, scheduled for early 2025, will allow the German sportswear manufacturer to bolster its U.S. presence.

Rexford Inks Industrial Space Lease at Suburban Los Angeles Property

A favorite location for companies in the warehousing and fulfillment center business, the Simi Valley industrial space submarket of Los Angeles has been reporting good fundamentals over the past year.

Neway Creative Expands Innovation Hub in Mount Clemens, Mich.

The pandemic-created workspace, mentoring, and networking hub will relocate to accommodate an expansion of services and the fruit of several notable partnerships with key regional entities.

Google Promises New Data Center in Kansas City, Mo.

Google increases influence on the region’s tech sector growth with significant investment in new data center infrastructure and specialty job readiness training for youth across the metro.

Looking for Room to Grow? Here Are the Best U.S. Cities for Flexible Careers, Ranked

We ranked the best U.S. cities for flexible careers based on their opportunities for flexible work models, commuting infrastructure and potential for job growth or career changes. Atlanta headlined the national list, although every region had strong contenders when it comes to career flexibility.

CHEF’STORE Prepares First Location in Atlanta Area

The Sandy Springs retail location marks CHEF’STORE’s first in the metro area and is a testament to the affluence of the north Atlanta submarket.

Wells Fargo’s North Dallas Office Complex Reaches New Heights

Aiming to achieve LEED Platinum certification, the northwest Dallas office complex in Las Colinas represents Wells Fargo’s first net-positive energy office campus.

Fast-Food Chain Moves into New Headquarters at Former Office Depot Campus in Boca Raton

I Heart Mac & Cheese — a growing fast-food chain with more than 40 locations across the U.S. — has signed a lease for a new headquarters within Boca Raton, Fla.

The move away from the chain’s previous digs at 621 NW 53rd St. marks an expansion of its footprint in the city. The company is set to occupy a 7,118-square-foot office space at 6600 N. Military Trail, which is part of the Office Depot corporate campus. I Heart Mac & Cheese will relocate about 30 of its employees to the third floor of the building.

Kellen Shifts Operations from Atlanta to D.C. Office

Kellen — an association management company that employs about 250 people globally — has relocated its headquarters from Atlanta to Washington, D.C.  The company signed a new lease that expands its footprint at the National Press Building to 32,000 square feet, effectively doubling its D.C. presence.

The Siegel Group Acquires Historic Downtown Las Vegas Retail Property

Since it began investing in this market in the early 2000s, The Siegel Group owns and operates several commercial properties ranging from Las Vegas retail space to hotels, dining, and apartment communities.

Mercedes-Benz Lends Name to JDS’s One Southside Park in Miami

Totaling more than 2.5 M SF, including 200 K SF of Miami office space, Mercedes-Benz Places in Brickell is one of the largest projects currently under construction in Florida.

Madison Realty Snags Distressed Queens Office Space in $80 Million Deal

Madison Realty Capital’s Urian Yap acquired the property at 41-60 Main St. on February 7 for $80 million. The Queens property, which houses tenants like Capital One Bank, was among several under mezzanine loans.

AT&T Consolidates Northern Virginia Operations at New Chantilly Office Space

AT&T has signed a long-term lease for a five-story office building in Chantilly, Va. The 111,000-square-foot space at 4807 Stonecroft Blvd. will consolidate several of AT&T’s facilities in northern Virginia. The company’s expected move-in date is set for 2025.

WeWork Renegotiates Lease at Downtown D.C. Location

WeWork has been renegotiating more than 60 leases across various cities, including Washington, D.C. Discussions include a 14-story office space in the capital’s downtown, owned by Carr Properties, known as Midtown Center.

North Signal & Fox Capital Ink Full-Building Lease at Imeson Commerce Center

With this new industrial lease, the leading North American provider of intermodal trucking has grown its footprint to three facilities and more than 800K SF of warehouse and transload space in Jacksonville, FL.

Portfolio Deals Take the Podium for the Most Expensive Office Sales of 2023

2023 has been a challenging year for the U.S. office market. Despite the return-to-office trend picking up steam, many investors and developers are pivoting towards more creative ways to occupy and monetize new or existing workspaces.

To gauge the impact of these shifts on the overall U.S. office landscape and to highlight the most active markets in terms of top sales values, we compiled a list of 50 of the largest office space transactions in 2023.

Onyx Forms New Partnership to Kick Off Redevelopment of Former New Jersey Merck HQ Campus

With Merck vacating all but one building on its former HQ campus, Onyx & partners announce work will begin at the life sciences NEST Centre in Kenilworth, N.J., with the pilot R&D facility branded 11 NEST.

Expert Insights: Elise Cuneo Talks Office Interior Design in 2024

  For the latest interview in our Expert Insights Series, we had the pleasure of speaking with Elise Cuneo, an interior design leader and strategist for Unispace, a global leader in workplace strategy, design, project management and construction. Cuneo is based in New York via Sydney, Australia. Her collaborative, concept-driven process delivers spaces where organizations …

H&M Takes Last Anchor Space at Brickell City Centre

Global fashion leader H&M will occupy two levels of Miami retail space on the North Block of The Shops at Brickell City Centre (BCC), filling the last remaining retail anchor space at the property and kicking off a new series of leases in 2024.

China Merchants Bank Extends Manhattan Office Lease at 535 Madison

Since originally joining the tenant roster at the Manhattan office property in 2008, the China Merchants Bank New York Branch has expanded its footprint to become the building’s largest office tenant.

Empire State Realty Trust Signs Full-Floor Tenant at 250 W. 57th St.

The Empire State Realty Trust signed a lease for 12,000 square feet of office space in its 250 W. 57th St. office property with a commercial real estate platform.

Top 30 Mid-Sized Cities in America for Green Commuting: Honolulu, Madison & Pittsburgh Lead the Way

Key Takeaways: Honolulu topped the list due to high rankings in green commuting metrics, like the rates of carpooling, cycling and walking. Madison, Wis., secured the #2 spot with a strong emphasis on cycling, supported by dedicated bike infrastructure and sustainability initiatives. Pittsburgh claimed #3 due to a focus on walkability, showcasing its transformation from …

Trinity Capital & Foundation Capital Ventures Launch Life Sciences Platform

Trinity Capital Advisors — based in Charlotte and Raleigh, N.C. — and Foundation Capital Ventures, based in Encinitas, Calif., have joined forces to launch “Foundation,” a new platform focused on real estate solutions for the life sciences, technology and innovation sectors across the U.S. Foundation will be led by an experienced team from Trinity, including …

Seaboard Stays Put at Prologis-Owned Industrial Base in South Florida

Seaboard Marine — a global, ocean-carrier shipping services provider — has renewed its lease for its industrial base in Medley, Fla., just outside of Miami. The two deals that are part of the agreement include the 208,400-square-foot 8001 NW 79th Ave. and the 88,584-square-foot 7800-7890 NW 80th St., which the company has been occupying since the 1990s.

Zuckerman Spaeder Sets Up New Headquarters at Award-Winning DC Office

Law firm Zuckerman Spaeder has announced it will be leasing 41,000 square feet at 2100 L St. NW — a new trophy office space in Washington, D.C.’s central business district. The company is scheduled to relocate its 90-strong team of attorneys and professional staff in the opening months of 2025 upon the building’s completion.

Office Pipeline 2024: Boston Leads by Construction Volume, Strong Seattle Presence Among Top 20 Projects Under Construction

In the opening months of 2024, reports show roughly 97 million square feet of office space in various stages of development nationally, a 28% drop compared to last year’s total. Boston stands out both in terms construction volume (measured in total square feet), as well as the share of new office developments within its stock.

Manhattan is taking a step back in 2024, with a much more modest 3 million square feet currently in its pipeline, while San Francisco, Seattle, San Diego are witnessing upticks in their development volumes year-over-year.

Greater New York Mutual Insurance Company Signs Full-Floor Lease at Empire State Building

The Greater New York Mutual Insurance Company recently joined the tenant roster of the prestigious Empire State Building with a full-floor lease totaling 52,000 square feet of trophy Manhattan office space.

Terreno Begins Redevelopment of Los Angeles-Area Industrial Property

San Francisco-based industrial operator Terreno Realty has kicked off the redevelopment of a Los Angeles-area industrial property located in Gardena, Calif. The redevelopment will turn the property into a three-building asset totaling 228,000 square feet of industrial space in the historically undersupplied market.

Excelitas Technologies Inks HQ Office Lease in Pittsburgh Strip District

The future headquarters location is part of the 3 Crossing project that is still being developed in the East Pittsburgh Strip District neighborhood, part of the now famed Robotics Row.

Expert Insights: Andrew Werner Talks Repurposing Older Buildings into Office Spaces

The latest installment in our Expert Insights series has us tackling the process of converting older buildings into modern office space. So, who better to ask than an expert in the architectural industry? Meet Andrew Werner, Senior Associate Principal at Kohn Pedersen Fox (KPF). Andrew received his Bachelor of Architecture with honors from Carnegie Mellon …

DataVerge Adds 20 Years to Brooklyn Lease at Industry City

The preferred connectivity partner for the one-of-a-kind Brooklyn campus signed a lease spanning two decades to provide infrastructure, connectivity, colocation, cloud services, and more to the companies at Industry City.

David Yurman Signs New Deal to Expand Tribeca Headquarters

David Yurman first moved into the Hudson Square building in 2002, when it inked a lease for 65,000 square feet across 2.5 floors. A few years later, the company expanded its headquarters by another 53,500 square feet. Finally, following this most recent deal, the company tacked on an extra 32,200 square feet.

Wells Fargo Consolidates Las Vegas Advisors Branches at UnCommons

Gathering operations on the fourth floor of UnCommons Office Building Four will represent the largest office footprint that Wells Fargo Advisors has in the Las Vegas valley.

South San Francisco Life Sciences Campus Gets Expansion Approval

Healthpeak Properties gets green light for Vantage Phase I and Vantage Phase II at massive South San Francisco life sciences campus.

How Much Office Space Could You Rent for $10K/Month in the U.S.?

We looked at 160 markets to find the best office space price and where our hypothetical rent budget of $120,000 per year (or $10,000 per month) would stretch the most.

DrinkPAK Leases 3MSF of New Industrial Space in Fort Worth

The canned drink manufacturer nearly tripled its total industrial space footprint, with this sizeable expansion into the Fort Worth market. The deal also marked one of the largest leases to close in 2023.

Chicago Landmark Tribune Tower Signs Luxury Retail Tenant

The luxury boutique will expand the Tribune Tower’s contribution to the variety of dynamic street retail options that the Magnificent Mile has to offer.

Sheppard Mullin Moves Headquarters to CIM’s City National 2CAL

The new Sheppard Mullin headquarters will occupy floors 39 through 42 of the 52-story Bunker Hill building, which includes 1.4 million square feet of Los Angeles office space.

Lovett Industrial & Rosewood Property Co. Join Forces With New Development in Addison, Texas

The Addison Innovation Center boasts a strategic North Dallas location within convenient proximity of major highways and transportation hubs.

Alexandria Real Estate Equities Inks Boston Full-Building Lease to Novo Nordisk

Novo Nordisk will occupy the entire 165,000-square-foot R&D office property at 60 Sylvan Rd., currently in redeveloped for delivery in 2025.

Work-Life Balance Stats Between Remote Work, Stress & Job-Hopping

Overall, younger respondents are less content with the state of their work-life balance. Among resolutions for 2024, respondents mainly aim to reduce workplace stress and spend more time with loved ones to improve the balance between their work and personal lives.

Ionis’ Carlsbad Life Sciences Campus Expansion Breaks Ground

The expansion project will bring Ionis Pharmaceuticals’ life sciences and office campus in Carlsbad to a total of more than 400,000 square feet across four buildings.

Solomon Partners Inks 15-Year Deal at 1251 Avenue of the Americas

Solomon Partners will be expanding its U.S. headquarters through a new lease at 1251 Avenue of the Americas. Formerly known as the Exxon Building, the 2.4-million-square-foot Manhattan office tower now owned by Japanese real estate developer Mitsui Fudosan will be the new home of Solomon following the signing of a 15-year agreement. The company will occupy roughly 71,000 square feet on the entire 32nd floor and part of the 31st floor of the property.

Non-Profit Safe Horizon Opens New Office in Brooklyn

Safe Horizon has announced its relocation to a 20,000-square-foot space near downtown Brooklyn. The organization — which focuses on providing support to victims of violence — will occupy the sixth floor of Quinlan Development Group’s 41 Flatbush Ave., also known as the Pioneer Building.

RectorSeal Joins Tenant Roster at Tejon Ranch Commerce Center

RectorSeal — a global manufacturer and distributor of quality HVAC/R and plumbing products — is part of a growing list of companies moving its operations from the Los Angeles basin to the Tejon Ranch Commerce Center (TRCC). The company is set to take up half of the 480,000-square-foot industrial space at 5205 S. Wheeler Ridge Road in Arvin, Calif., a property owned by a partnership of Tejon Ranch Co. and Majestic Realty since 2017.

Ad Agency Saatchi Leases Flatiron District Office Space

M&C Saatchi Group closed on a deal that will result in a 40% reduction of its office footprint in New York City: The company signed a 10-year agreement for 13,000 square feet at 16 W. 22nd St., where it will occupy the entire ninth floor of the GFP Real Estate-owned building. Asking rent was $46 per square foot.

The Best American Metros for Future-Proof Jobs and Career Opportunities

With the rise of generative AI and the emergence of other technologies, some jobs are bound to skyrocket in demand while others may become obsolete. However, some locations may offer a greater chance at a future-proof jobs through their business landscape, job opportunities and more.

Areté & Chemtrec Leases Total 90,000 Square Feet at Falls Church, Va. Office

Golden Eagle Group secured two new leases totaling roughly 90,000 square feet at its office property in Falls Church, Va. One of the tenants is California-based defense tech company Areté Associates, which has inked a deal for 65,000 square feet of office space. Hazardous material disposal company Chemtrec — which will occupy more than 25,000 square feet of space in the eight-story building — is the other new arrival.

GTN Gains Foothold in Manhattan Office Market

GTN closed on a five-year lease deal for its first New York City office at the RXR-owned 32 Old Slip building. The fintech company will occupy roughly 3,300 square feet of office space on the 32nd floor of the 36-story property that’s located within the city’s Financial District along the Water Street corridor. Asking rent was $66 per square foot.

Quinn Emanuel Urquhart & Sullivan to Anchor Revitalized Landmark

Quinn Emanuel Urquhart & Sullivan has opened its new headquarters in the renovated Textile Building at 295 Fifth Ave. in Midtown South. The global litigation firm is the first tenant in this landmark building, leasing 132,000 square feet of space. Previously associated with the city’s garment industry, the Textile Building has undergone an impressive transformation …

Quadrature Establishes Presence in U.S. with Puck Building Lease

Quadrature signed a decade-long lease for 30,000 square feet of prime Manhattan office space on the fourth floor of Kushner Companies’ Puck Building. The company will be moving into space vacated by New York University, which decided to terminate its lease at 295 Lafayette St. after a 20-year stay.

Travelers Insurance Leases 42,000-Square-Foot Office in Los Angeles County

Travelers is set to occupy more than half of the office space at 21680 Gateway Drive following a move from the neighboring 21688 Gateway Drive — an 81,000-square-foot office building that was part of the former Gateway campus.

BBVA Grows Manhattan Footprint with New, 74,000-Square-Foot Headquarters

BBVA will be relocating and expanding its offices to Two Manhattan West — a 1.9-million-square-foot, Brookfield Properties-owned building near Penn Station. The firm will take up 74,000 square feet of office space across the eighth and ninth floors to accommodate its staff of roughly 350 employees currently running U.S. operations.

Mullen Automotive Inks Lease for Orange County Warehouse

Mullen Automotive will occupy the former site of Kraft Heinz Lunchables in Fullerton, Calif. The company signed a five-year, triple-net lease deal with Link Industrial for a 121,615-square-foot warehouse at 1500 E. Walnut Ave. Negotiations on behalf of the landlord were conducted by a CBRE team consisting of Ben Seybold and Sean Ward. The lease rate was $2.01 per square foot.

$2 Billion Life Sciences Project Secures 1st Tenant

Janssen Supply Group, a subsidiary of Johnson & Johnson, has become the first occupant of a biopharmaceutical manufacturing facility in Holly Springs, N.C. This $2 billion project, developed by FUJIFILM Diosynth Biotechnologies (FDB), encompasses 1 million square feet and is expected to be fully operational by 2025. Located in the Triangle region and just 20 miles …

CommercialEdge Report Highlights Consecutive Waves of Maturing Debt Hitting Major U.S. Markets

A recent analysis by CommercialEdge of nearly 80,000 office properties in the United States, with a combined debt of $920 billion, revealed that 16% of all outstanding loans are expected to mature by 2024, with a second, larger wave of maturities totaling 33% by 2026. The majority of these maturing loans are located in major markets, with Manhattan, Class A properties, and urban areas leading the way.

CBRE Locks Down 2 New Leases at HS Capital’s Cypress Corporate Center in Fort Lauderdale, Fla.

HS Capital Fund secured two leases totaling 16,000 square feet at its newly renovated Fort Lauderdale, Fla., office space at the Cypress Corporate Center. One of them was for 6,166 square feet on the building’s fifth floor, which will be occupied by land-surveying consultancy firm Control Point Associates, while insurance brokerage Morgan Fidelity will move into a 9,906-square-foot office.

TEDCO Set for Move to New Headquarters in Downtown Columbia, Md.

TEDCO will occupy 9,258 square feet of space at 10960 Grantchester Way, leaving behind its current home at 7021 Columbia Gateway Drive. The move, which TEDCO had been building toward for more than a year, marks a downsizing from its previous 11,816-square-foot office as it adapts to a hybrid work model in the aftermath of the pandemic. If not for the early exit, TEDCO’s lease at 7021 Columbia Gateway would have expired in 2026.

Coworking Landscape in Q3 2023: Insights & Trends

The rise of remote and hybrid work models, along with the increasing popularity of flexible work arrangements, has significantly contributed to the growth and expansion of the coworking industry. As a result, the demand for coworking spaces has soared, and coworking companies have emerged as key players in the modern work landscape. So, to provide …

Tishman Speyer & Harvard Break Ground on Boston Research Campus

Tishman Speyer and Harvard University have joined forces to celebrate the groundbreaking of the Enterprise Research Campus — a nine-acre, mixed-use life sciences project in Boston. This collaboration with The Harvard Allston Land Co. marks the beginning of the construction of the first phase of the Enterprise Research Campus, which is set to be completed …

Brandywine & Drexel Celebrate Topping Out of Philadelphia Life Science Tower

Brandywine Realty Trust and Drexel University have completed the structural framework of 3151 Market — a 14-story, life sciences building located in Philadelphia’s University City district. The building is part of the Schuylkill Yards mixed-use development and is expected to be completed in 2024. With a total area of 417,000 square feet, 3151 Market offers …

MIAX Inks 38,000-Square-Foot Office Lease in Miami’s Wynwood District

Miami International Securities Exchange (MIAX) will be moving into a 38,409-square-foot office at 545wyn in Miami’s Wynwood Arts District. The lease — which will cover a full floor in the newly built, 10-story building — was confirmed by Juan Ruiz, vice chairman of Blanca Commercial Real Estate, who negotiated the deal on behalf of landlord and developer, Sterling Bay. The 270,000 square feet of office space at 545wyn is now 82% leased.

The Spiral: A New Icon on the New York City Skyline

The Spiral — a 2.8-million-square-foot office skyscraper located at 66 Hudson Blvd. in Manhattan — has officially opened. Developed by Tishman Speyer, this 66-story tower stands at a height of 1,031 feet (314 meters), making it the first supertall skyscraper and commercial high-rise architecture project in New York City by Bjarke Ingels Group (BIG). The …

Iconiq Capital Doubles Manhattan Office Footprint

Iconiq’s move to a much larger Manhattan office is a sign of the rise of the wealth management industry. The San Francisco-based wealth management company is set to occupy 70,000 square feet of prime Midtown office space in the 20-story property, nearly doubling its footprint in the city.

Weill Cornell Medicine Adds 100,000 Square Feet to Its Midtown Lease

The biomedical research unit and medical school now occupies a total of 300,000 square feet of office space in Midtown Manhattan and is the largest tenant at the 35-story building.

Raleigh-Durham Coworking Spaces Grow 13% in Q3 2023

The coworking industry in Raleigh-Durham, N.C., is experiencing significant growth, despite a slowdown in national growth. According to a recent report by CoworkingCafe, the number of coworking spaces in the Raleigh-Durham metro area increased by 13% between the second and third quarters of 2023. This growth rate is considerably faster than the national growth rate …

North Carolina Industrial Portfolio Trades for $105M

Blue Ridge Industrial (BRI), a Dallas-based real estate private equity firm, recently completed the acquisition of a 28-property industrial portfolio in North Carolina’s Triad region. The properties — located in Kernersville near Winston-Salem — cover a total area of 1.4 million square feet and were purchased for $105 million. At the time of the sale, …

Explore the Dynamic World of Commercial Real Estate with These Top Podcasts

In the fast-paced world of commercial real estate — where making informed decisions is crucial — we offer a handpicked selection of top-tier podcasts designed specifically for passionate commercial real estate enthusiasts. These podcasts offer expert insights, in-depth analyses and practical advice that are highly relevant to your interests. Whether you’re commuting, walking or jogging, …

LAX Freight Inks Lease for Staley Point -Owned Warehouse in LA County

Third-party logistics firm LAX Freight Delivery has closed on a lease deal that will enable it to occupy the entire 123,000-square-foot warehouse at 2187 Garfield Ave. in Commerce, Calif. The agreement represents an upgrade for LAX Freight and will increase its footprint in the Los Angeles County warehousing market. A JLL team consisting of Jon Reno, Mark Vanis, Trevor Gale and Sage …

Blue Owl Completes Largest Inland Empire Warehousing Acquisition in 2 Years

New York City-based Blue Owl Capital is in the midst of completing the largest single-property industrial acquisition in the Inland Empire, Calif., warehousing market in more than two years. The asset management company dished out a staggering $219 million for the LEED-certified Watson Logistics Center in Apple Valley, Calif. The move to acquire the 1.3-million-square-foot warehousing …

Alexandria Launches $202M Life Sciences Campus

Alexandria Real Estate Equities is launching its first campus in the Houston market, introducing a $201.5 million, 325,000-square-foot, multi-tenant development. The Alexandria Center for Advanced Technologies at The Woodlands — located on 12 acres at 8800 Technology Forest Place — features the area’s first purpose-built, Class A laboratory structure. The inaugural building of the campus …

Walmart Unveils 1.5-Million-Square-Foot Fulfillment Center in Dallas Area

Walmart has unveiled a new fulfillment center in Lancaster, Texas, near Dallas. The expansive facility spans more than 1.5 million square feet and is part of a series of four centers announced by the company last year. The primary goal of this center is to provide fast shipping services, thereby allowing 95% of the U.S. …

Chesapeake Corporate Advisors Signs Lease for New Home in Baltimore’s Harbor East

Business advisory and investment banking firm Chesapeake Corporate Advisors agreed to a 5,283-square-foot lease at 1001 Fleet Street, in Baltimore’s Harbor East neighborhood. The nine-story, 270,000-square-foot mixed-use property managed by Harbor East Management Group features roughly 163,000 of Class A Baltimore office space. Joe Bradley, Senior Vice President, and Principal for MacKenzie Commercial Real Estate Services brokered the …

Artificial Intelligence in the US: Top Innovators & Hottest Markets

From entertainment to medical research and government administration, machine learning and artificial intelligence applications have increasingly permeated our lives and culture.

Regus Stays Put at 14 Wall St. for Another Decade

After two decades at 14 Wall St., coworking operator Regus decided to ink a new long-term deal in the IBE Trade-owned building. The company is set to occupy roughly 37,000 square feet of office space across the entire 20th floor of the property. The asking rent was $50 per square foot, and the lease agreement will be …

Online Ad Platform Doubles Midtown Headquarters at 90 Park Ave.

After spending five years in the Garment District, online advertising platform adMarketplace signed a sublease that will allow it to move its operations to a new Midtown office space just two blocks south of Grand Central. The company will be doubling its corporate headquarters’ footprint to occupy 39,253 square feet at 90 Park Ave. Asking rent was …

From Superstars to Rising Stars, Here Are the South’s Best Metros for Tech

The tech sector is currently experiencing a decentralization by expanding beyond traditional hubs to include new metropolitan areas across the U.S. with a particular focus on the South. This trend is evident in the recent relocations of major tech companies — like Hewlett Packard Enterprise, Oracle, Tesla, Google and Apple — to tech powerhouses along …

2 New Leases Signed at New Heights Industrial Park in Maryland

New Heights Industrial Park in in Hagerstown, Md., secured two new tenants at the 900,000-square-foot property owned by Bluestone Group and The Langer Company. Tomu — a prefabricated modular building systems startup — inked a lease for 15,000 square feet of industrial space, while Pycube — a Sterling, Va.-based company that provides asset management and …

Kelley Drye Reduces Footprint in New Office Deal at The Wharf in Washington, D.C.

Kelley Drye & Warren has joined the ranks of other major law firms in the Washington, D.C. area in reassessing its office space needs: The firm will move out of its workspace in the city’s Georgetown neighborhood and take up 65,000 square feet at The Wharf — an 11-story building along D.C.’s waterfront that was developed …

Expert Roundup: Brokers Discuss Finding the Perfect Office Space

Leasing (or buying) an office is one of the most important decisions you could make as a business owner, so you need to do it right. However, finding the ideal office space for your new business can be a daunting task. That’s because, as you’re exploring the market for a workplace that meets your needs, …

Fintech Startup Doubles Footprint in Flatiron District

Ramp, a New York-based fintech startup, is moving to a new office in the Flatiron District. The company will sublease 66,000 square feet on the entire second floor of The Home Depot building at 28-40 W. 23rd St. The space is currently occupied by Microsoft, and Ramp’s long-term lease will go into effect once the …

From Bustling Hubs to University Towns, Here Are the Northeast’s Best Metros for Tech

From university hubs to bustling downtowns, here are the best metros for tech in the U.S. Northeast, ranked.

Highland Park Project Set to Further Boost Miami’s Health Care Sector

Leading real estate firms Black Salmon and The Allen Morris Company have announced plans to develop Highland Park Miami — a $1 billion, mixed-use project that will span seven acres and increase the footprint of the Miami Medical District by approximately 10%. The campus is expected to become one of Miami’s most significant developments in …

Expert Roundup: The Future of Industrial Real Estate

We already know that the industrial real estate sector has been one of the strongest commercial real estate performers as of late. However, with deliveries already slowing down, CommercialCafe gathered industry experts’ opinions on what the market might look like in the next few years. Specifically, we asked them about the biggest challenge facing the …

Financial Adviser Putnam Plans Move to New Midtown East Office

F.L.Putnam — a Portland, Maine-based financial planner — is relocating and expanding its office space in Midtown East. Having signed an 11-year lease for a workspace on the sixth floor of 445 Park Ave., the investment adviser is scheduled to move into its new, 6,000-square-foot premises by early December. According to the brokers, the asking …

Virtru Inaugurates New Washington, D.C. Headquarters on Pennsylvania Avenue

Virtru, a data security and privacy company, has opened its new headquarters at 1801 Pennsylvania Ave. NW in Washington, D.C. The company had signed a lease for the 17,000-square-foot space in November 2022. Virtru’s new headquarters, called the Hub, is designed to act as the focal point of the local cybersecurity community. “Innovation has always …

From Rust Belt to Tech Powerhouse: Best Metros for Tech Workers in the Midwest

For decades, the Midwest was known as the industrial heartland of the nation, and the place where the goods, tools and machinery that drove the U.S. economy were produced. But, as a wave of deindustrialization hit the region starting in the 1980s, Midwestern cities were faced with the challenge of rebuilding their fortunes in a …

Durst Secures Lease for Genius Sports Headquarters at 825 Third Ave.

Genius Sports will be moving to its new headquarters in New York City after reaching an agreement for a lease deal at 825 Third Ave. Specifically, the sports data and tech company is set to occupy a pre-built, 11,900-square-foot prime Midtown office space at The Durst Organization-owned property as it moves on from its current …

32 Degrees & Geox Agree to Deals at Garment District Office Space

Activewear designer 32 Degrees and shoe brand Geox have signed deals at the L.H. Charney-owned 1410 Broadway property. The 34-story office tower — originally built in the 1930s — is located between West 38th and West 39th streets in Manhattan’s Garment District. The largest of the two leases was a 12,000-square-foot expansion for 32 Degrees, which …

Greenberg Traurig Renews Downtown Miami Office Lease

Law firm Greenberg Traurig renewed its longstanding lease at the Wells Fargo Center, a 47-story office space in Miami owned by Metlife. A Cushman & Wakefield team of Brian Gale, Ryan Holtzman, Andrew Trench, and Edward Quinon represented landlord, while Newmark’s Michael Shuler, Jeremy Hakala and Clay Sidner conducted negotiations on behalf of the tenant. At a time when many companies have opted …

Making Connections: Best Places to Network Outside of NYC

Given the growing trend towards hybrid work, being purposeful about one’s networking efforts has become even more crucial in career advancement and a company’s success.

So, because cities play a big part in nurturing a business-friendly environment and creating the spaces and opportunities that incentivize people to come together, we decided to look at 20 best places to network in the U.S.

Canadian Security Company Genetec Inks Deal for New Rosslyn Offices

Genetec Inc. — a Canadian security and technology company — has entered the greater Washington office market by signing a lease for part of the 25th floor of 1000 Wilson Blvd. The Montreal-based company is expected to move into the 31-story office tower owned by Monday Properties in Rosslyn, Va., by October. Throughout the negotiations, Genetec …

Hedge Fund Signs New Lease at SL Green’s 450 Park Ave.

BlueCrest Capital Management — a British-American hedge fund co-founded by billionaire Michael Platt — has signed a new lease at 450 Park Ave. The company agreed to a 15-year deal and will occupy 21,640 square feet of space across the 30th and 31st floors of the SL Green-owned Midtown office space. Asking rent in the …

Century Park Lease Grows KKR Footprint in Southern California

KKR — a New York-based global investment firm — has opened a new office in Century City in Los Angeles. Located at 2029 Century Park, the 6,000-square-foot space will initially house the firm’s real estate, private equity, private wealth and institutional client relationship teams. The office is expected to eventually accommodate 25 to 30 executives. …

Verve Talent Agency Inks Lease for New Hollywood Headquarters

This move marks a significant expansion for the agency, which is currently located at a Douglas Emmett property near Miracle Mile and Museum Row in Los Angeles.

Circle Realty Group Secures 4 New Lease Deals at 14 Penn

New leases signed by Circle Realty Group at 14 Penn are part of Manhattan office lease activity driven by small businesses who occupy smaller footprints in flexible multi-tenant developments.

Expert Insights: Mo Fahim Discusses How Technology Can Help Create a Healthy and Safe Workplace

For the latest installment of our Expert Insights series, we had the pleasure of talking with Mo Fahim, the intelligent building technology practice leader for ESD –  a leading global engineering firm specializing in mechanical, electrical, plumbing, fire protection, life safety, structural and technology engineering. He’s focused on the exciting, uncharted waters of digital transformation …

Expert Insights: David Lari Discusses California CRE, Life Sciences Trends & More

For our latest interview in the Expert Insights series, we had the pleasure of speaking with David Lari, a partner at Cox, Castle &  Nicholson LLP, one of the largest full-service law firms specializing in real estate in the United States. One of California’s leading transactional attorneys specializing in complex commercial real estate matters, Lari is …

Durst Lands Massive Lease for Empire State Development Headquarters at 655 Third Ave.

The Durst Organization secured one of the largest office lease deals in Midtown so far this year with the signing of the Empire State Development Corp. (ESDC) at 655 Third Ave. The state agency signed a 20-year agreement for roughly 117,000 square feet of space and is moving its headquarters to the 30-story building from …

UKG Increases Footprint at South Florida Headquarters by 14,000 Square Feet

After securing the renewal of its Florida headquarters — in what was South Florida’s largest office lease of 2022 — UKG has made now a move to expand its footprint by an additional 14,000 square feet of office space in Weston, Fla. This brings the software company’s total in the Weston Pointe office campus to …

Self-Storage Can Be The Right Choice For Your Business’ Extra Storage Needs

Self-storage has been emerging lately as a viable storage alternative for businesses, due to its versatility, affordability, and availability. Self-storage can solve many common problems that businesses, big or small, have when it comes to easy access to storage space for things like documents, tools and equipment, vehicles, merchandise and so on. From an accountant …

Oak View Group Moves Into New Midtown East Offices

Los Angeles-based Oak View Group has inked a new deal that will allow it to move into its new premises at 299 Park Ave. — a 1.2-million-square-foot office space in Midtown East currently owned by Fisher Brothers. The sport arena and venue developer and operator will occupy 18,187 square feet of office space across the …

Lockton Re Secures Lease for New Midtown Headquarters

Kansas City, Mo.-based reinsurance company Lockton Re has signed a contract for its new headquarters at 261 Fifth Ave. The 10-year contract will secure 19,326 square feet of office space in Midtown Manhattan to occupy the entire 10th floor of The Feil Organization-owned tower. According to the landlord, the asking price was $65 per square …

Affinius Capital Moves Offices to 277 Park Ave.

Affinius Capital — formerly known as Square Mile Capital — has signed a deal to move its New York operations to 277 Park Ave. The company — which provides debt to commercial real estate projects — is currently located at 350 Park Ave., only a few blocks south of its new premises. The 12-year lease …

10 Must-Attend Commercial Real Estate Events & Conferences in the 2nd Half of 2023

Commercial real estate conventions and events can work wonders in keeping you up to date with the latest industry trends and expanding your CRE network. Here are some of the most promising CRE events and conventions in the second half of 2023 in the U.S. and more.

Graviton Signs On as 1st Tenant at West End Labs

Graviton Bioscience — a developer of therapeutics to treat autoimmune diseases — recently closed on an agreement to become the first tenant at West End Labs in Manhattan. The company will occupy 30,000 square feet of space in the 400,000-square-foot building owned by a partnership of Nuveen Real Estate and a Taconic Partners subsidiary called Elevate …

ELARC Expands Lease at Alhambra Office Campus

Eastern Los Angeles Regional Center (ELARC) — a nonprofit organization that coordinates and provides community-based services to individuals with developmental disabilities — inked a decade-long lease at The Alhambra, a 1-million-square-foot office campus located 1000 Fremont Ave., just six miles from downtown. The deal will see ELARC increase its footprint at The Alhambra by 23,345 …

Mori Trust Acquires Minority Stake in SL Green’s 245 Park Avenue

Japanese real estate developer Mori Trust acquired a minority share in 245 Park Ave., a 44-story Midtown office space acquired by SL Green Realty in a bankruptcy sale last year. The deal — which is the largest to date in New York City — was valued at around $2 billion and included the assumption of …

Best Cities for Gen Z in 2023: Minneapolis Triumphs as #1 Best City for Gen Z, Inching Ahead of Atlanta

When considering a move to a new city, the cost of living and job opportunities are likely to be two of the highest priorities on any Gen Zer’s list. So, to determine the best cities for Gen Zers on an economic basis, we created a group that included three relevant metrics — cost of living, jobs for recent graduates and unemployment rate.

Steel Products Signs Lease for New Headquarters in Frederick, Md.

Steel Products Inc. — a woman-owned company founded in 1954 — recently closed on a deal for 15,000 square feet of flex industrial space at 4724 Arcadia Drive in Frederick, Md. The 48,120-square-foot building is part of Arcadia Business Park, a 61-acre development located off the MD Route 85 (Buckeystown Pike) that currently features four …

Cushman Secures Lease Renewal at 701 Brickell

American multinational law firm Holland & Knight has renewed its lease at 701 Brickell. The company will hold the same footprint (roughly 121,000 square feet spread across six floors) within the Nuveen Real Estate-owned Miami office building. A Cushman & Wakefield team comprised of Brian Gale and Edward Quinon represented the landlord, while CBRE’s Todd …

Yardi Completes Acquisition of Virtual Office Provider CloudVO

San Francisco-based CloudVO – an online reseller of virtual offices, meeting rooms and other workplace services – has officially joined the ranks of the Yardi commercial real estate listings network. A global leader in real estate software solutions, Yardi’s network includes listing platforms such as CommercialCafe, CommercialSearch, PropertyShark, as well as CoworkingCafe – a site …

ResMed Moves Operations to Calabasas Facility

Medical equipment company ResMed Motor Technologies has announced the relocation of its manufacturing facility from Chatsworth, Calif., to Calabasas, Calif. The company signed a 15-year lease at an R&D industrial building at 26801 Agoura Road, which is owned by Cypress Land Co. ResMed is expected to move in at the beginning of 2024. Mike Tingus …

Madison International Realty Secures Four New Leases at Tower 40

Tower 40 — a 431,350-square-foot Manhattan office space — recently signed agreements for four new leases totaling roughly 47,160 square feet. Formerly known as Chase Tower, the property is located at 10 E. 40th St. and is currently owned by Madison International Realty in partnership with Joseph P. Day Realty. The largest of the four …

New THRIVE Coworking Location Opens Up Near Atlanta

THRIVE | Coworking — a flexible workspace operator that aims to provide support and work alongside the communities it’s embedded in — has announced the opening of its new facility in Cumming, Ga., part of the wider Atlanta metropolitan area. Located at 2100 Westshore Drive, the workspace is scheduled for completion by mid-year. “Many professionals …

Morgan Stanley Grows Office Footprint at in Palm Beach Gardens

Morgan Stanley is set to expand its existing lease at the Financial Center at the Gardens, a 10-story office space in Palm Beach Gardens, Fla. The investment bank has signed on for another 12,000 square feet of space at the New York Life Real Estate Investor-owned property, bringing its total footprint to 39,296 square feet. …

Oaktree Gives Bunker Hill Office New Lease on Life

Months after transferring ownership following a foreclosure sale, the office tower at 444 S. Flower St. in downtown Los Angeles is on the cusp of a reversal of fortune as current owner Oaktree Capital Management has secured a loan extension for the property. According to property records, the 48-story building will receive roughly $259 million …

Samsung Relocates to Vornado-Owned Office in Penn District

Electronics giant Samsung will be moving part of its operations in New York City to Vornado Realty Trust’s Penn 1. The company signed a 10-year lease for 36,000 square feet across the entirety of the 26th floor, paying an estimated $100 per square foot. JLL’s Matthew Astrachan and Simon Landmann represented the tenant during the negotiation process, while Josh …

Freight Carrier Leases 134,000 Square Feet at South Florida Warehouse

Specialized Freight Carrier signed a lease deal at Weston Commerce Park, a Class A warehouse owned by EastGroup Properties. The tenant – a third-party carrier for 3PL that specializes in delivering goods between Florida and the northeast United States – will occupy the entirety of the 134,400-square-foot building located at 1951 N. Commerce Pkwy. Negotiations …

Hines Opening Coworking Space in Downtown Washington, D.C.

With 20% of the workspace already leased, the Washington, D.C. coworking space can accommodate up to 225 people across its 30 offices and three suites. Catering to individuals or teams of up to 100 people, a range of modern amenities will be offered, from phone booths and private meeting rooms to wellness rooms and kitchenettes.

Mueser Rutledge Renews Lease at 14 Penn Plaza

After a quarter of a century spent at the 14 Penn Plaza, Mueser Rutledge Consulting Engineers (MRCE) has decided to continue calling the Midtown office building its home for the next 15 years. The structural engineering firm renewed its lease for 40,000 square feet of space at the Circle Realty Group-owned office tower. The company’s footprint …

Expert Insights: David Martin Discusses Florida CRE, 2023 Office Market & More

For this installment of our Expert Insights series, we had the pleasure of speaking with David Martin, CEO of Miami-based development firm Terra. Mr. Martin has cultivated a portfolio of more than 5 million square feet of residential and commercial real estate valued in excess of $8 billion. The firm is active across all major …

Pacific Workplaces Renew Lease at Coworking Space in Bay Area

San Francisco-based flex office space provider Pacific Workplaces has renewed its 10-year lease for 14,090 square feet of coworking space in Pleasant Hill, Calif. Located at 3478 Buskirk Ave., the building is owned by Graham Street Realty and set within the Hookston Square Office Park. The flex office features 51 private offices, meeting rooms, virtual …

Which U.S. Metros Are the Top Millennial Magnets?

In an attempt to determine which metro areas are some of the most attractive destinations for Millennials, we have conducted a two-part study of both large and midsized metros to highlight their performances across a variety of metrics.

Nixon & Vanderhye Renews Lease at Arlington Office Building

Nixon & Vanderhye — a law firm with global reach and specializing in intellectual property — has signed a new, long-term lease for 26,000 square feet of office space at Arlington Gateway, a Piedmont Office Realty Trust building in Arlington, Va. The new agreement will lead to a reduction in the firm’s footprint at the …

601W Companies Secures Financing for Acquisition & Upgrade of Jersey City Office

601W Companies — a New York-based investment group — has secured $375 million in acquisition financing for Harborside 1-3, a three-building office property in Jersey City, N.J. Part of the loans will also go toward renovation efforts at the more than 2-million-square-foot office complex flanking the Hudson River. Approximately $225 million of the total mortgages was …

Premier Workspaces Continues Expansion with New Coworking Space in Century City

Premier Workspaces recently opened a new coworking space in Los Angeles’ Century City, signing a 10-year lease with the Irvine Company for 14,500 square feet at the iconic 2121 Avenue of the Stars (formerly Fox Plaza). The new office space will be shared with the Irvine Company, marking the 10th such arrangement between the two …

Teladoc Inks Deal for 7,000 Square Feet at 10 Grand Central

Virtual health care company Teladoc has signed a long-term lease at 10 Grand Central in Manhattan. The company will be relocating from its previous premises near the Penn Station area by the end of this year, when it will occupy 7,000 square feet of prime Midtown office space on the 16th floor of the Marx …

Best U.S. Cities for Women in STEM (2023 Update)

Representation is a key early element in women’s eventual success. While improvement in this sense has been slow, some cities in the U.S. have made more progress than others.

Related Companies Secures Trio of Lease Deals at Hudson Yards

Despite last year’s setback (when Meta announced it would not renew its leases at several Related Companies-owned properties), the real estate developer recently closed on a string of lease deals totaling roughly 77,000 square feet of prime Manhattan office space at 50 and 55 Hudson Yards. The new tenants include financial planner J.F. Lehman & …

Blackstone Sells Orange County Offices at a 36% Loss

Blackstone’s efforts to trim its southern California portfolio continue with the recent unloading of two office buildings in Santa Ana, Calif. Specifically, the 560,000-square-foot Griffin Towers at 5 and 6 Hutton Centre Drive recently changed hands for $82 million, or about $146 per square foot. Newmark mediated the negotiation for both sides. Kevin Shannon and …

Atlantic Council Pens New Lease Deal at Franklin Square Office

The Atlantic Council — a Washington, D.C.-based think tank specializing in security, defense, economics, politics and diplomacy — announced the closing of a new lease deal for 79,671 square feet of office space at The Aleck, which was previously owned by The Meridian Group. According to CBRE, the agreement was the largest new lease signed …

Marx Realty Signs 2 New Tenants at 10 Grand Central

Marx Realty — a New York-based owner, developer and manager of commercial real estate assets across the U.S. — announced the signing of two new leases at 10 Grand Central: Law firm Lewis Baach Kaufmann Middlemiss and glass partition manufacturer MetroWall will be moving into the 432,381-square-foot Midtown office space. JLL’s Mitchell Konsker, Kyle Young, Simon Landmann, Carlee Palmer and Thomas …

Fifth Season Secures New Lease Deal at West LA Office Campus

Beverly Hills-based film and TV production company Fifth Season has penned a lease deal for 65,000 square feet of office space in West Los Angeles. Formerly operating under the name of Endeavor Content, the company will be the first tenant in the 550,000-square-foot Lumen campus in Sawtelle, Calif. The property is owned by McCarthy Cook …

Jacob Garlick Wins Flatiron Building with $190 Million Bid

On Wednesday, prospective bidders assembled on the steps of the Manhattan County Courthouse to participate in the auctioning process of the historic Flatiron Building. As the dust settled, Jacob Garlick’s Abraham Trust beat one of the property’s previous owners — Jeffrey Gural of GFP Real Estate — following a $190 million bid. Matthew Mannion of …

Texas Triangle Dominates List of U.S. Cities with Most Vacant Land Available

Cities rise and fall based on the decisions they make regarding the best use of their resources — whether that’s the local talent pool, housing stock or business environment. And, contributing to all of these is the fundamental issue of how to manage and optimize the allocation of unused or underutilized land that can sustain …

Logistics Plus Leases 374,000-Square-Foot Inland Empire Warehouse

Logistics Plus — a leading worldwide provider of transportation, warehousing, business intelligence and supply chain solutions — has secured a five-year deal to lease a 374,000-square-foot industrial space in Riverside, Calif. Owned by Trammell Crow Company (TCC) and located at 300 Palmyrita Ave., Columbia II sits on 19 acres in the city’s sought-after Hunter Park …

Novo Platform Joins BNP Paribas & Banco Master at 801 Brickell

Fintech company Novo Platform is the latest name to sign a lease at Miami’s 801 Brickell, following recent deals inked by São Paolo-based digital bank Banco Master and French banking giant BNP Paribas. Novo is set to occupy 18,450 square feet on the building’s 22nd floor for the next 12 years. It’s expected to move …

A Walkable Future to Look Forward To: How Walkability Affects Housing & Commercial Real Estate

The years following the onset of COVID-19 have led to a series of changes in the wider economic landscape. These then prompted the real estate industry to adapt to the pandemic’s many ripple effects, including the current inflationary environment, the rise of interest rates following a decade of quantitative easing, and fears about a looming …

Expert Insights: Aaron Rudenstine Talks New York CRE, Proptech & More

For our latest interview in the Expert Insights series, we had the pleasure of chatting with Aaron Rudenstine. Aaron is the CEO of ButterflyMX, a Venture Partner at 3L Capital, and an Investor at Omaze, FilmRise, Button, PINATA, Clear Ballot Group, Parallel Wireless, Bling Capital, and Reddit. Before that, Mr. Rudenstine was the Co-Founder of …

Touro University Expands Its Footprint at 3 Times Square

Rudin Management — one of the largest owners, operators and developers of best-in-class real estate in New York City — announced a new lease at its Midtown office building at 3 Times Square: Touro University signed a 30-year deal to expand its already-significant footprint in the 30-story building by an additional 66,000 square feet. With …

Expert Insights: Leonora Georgeoglou on Commercial Interior Design

Leonora Georgeoglou is a National Workplace Sector Leader at HED. In her more than 20 years in the A/E industry, her career has ranged from overseeing the technical details of multi-floor office high-rises to leading executive and facilities teams through visioning sessions for hundreds of millions of dollars in design work. Throughout her career, she …

5 Essential Technology Investments for Real Estate Agents

By: Ascendix In a year of swollen costs and constant budget squeezes, many people kick technology investments into the long grass to weather the storm of the current economic downturn. However, according to Deloitte, avoiding all technology investments can be rather short-sighted, especially for industries as data- and marketing-heavy as real estate. With that in …

Oxford Purchase $125 Million Life Sciences Asset in Greater Boston

Oxford Properties Group has completed the purchase of 92 Crowley Drive for $125 million. The 120,000-square-foot, state-of-the-art asset is in the life sciences submarket of Marlborough, Mass., and is near completion. Biotech manufacturer Resilience (National Resilience) sold the facility to Oxford in a sale leaseback deal and will continue to occupy the property for up …

Dallas-Based Lucid Private Offices Expands Local Footprint Into Suburbs

Coworking provider Lucid Private Offices has inked a 31,000-square-foot lease at a newly built class-A building set within the International Business Park in Plano, Texas. JLL’s Trevor Franke and Gini Rounsaville represented the landlord, Billingsley Company, while the tenant was represented by John Pelletier and Austin Studebaker of CRESA. The upscale coworking provider, formerly known …

Coworking Business Spark Arrives at Former Texas Rangers’ Ballpark

Spark, the coworking brand from Cordish, is set to move into the southeast corner of the repurposed Choctaw Stadium. Comprising 30,000 square feet across two levels, the coworking space in Arlington, Texas, features both private and shared workstations; 61 private offices; 17 suites for up to seven people; meeting rooms for teams of up to …

Expert Insights: Meagan McCollum on the 2023 Office Market

For our latest installment of the Expert Insight Series, we had the pleasure of speaking with Meagan McCollum, assistant professor of finance at the University of Tulsa. Meagan received her PhD in Finance from Louisiana State University in 2015. Dr. McCollum has been a part of the American Real Estate and Urban Economics Association since …

10 of the Most Exciting Coworking Spaces in Los Angeles

In a city as diverse, exciting and glamorous as Los Angeles, it’s not hard to find an equally effervescent coworking scene, ready to entice professionals and some of the biggest names in the business with top-tier amenities and that extra special something. Coworking spaces in Los Angeles are all about helping you and your business get …

Ranking the Largest U.S. Coworking Operators

Given the recent context of the fundamental changes in how and where people work, CoworkingCafe has released a ranking of the largest coworking operators in the U.S.

8 Amazing Coworking Spaces in San Francisco

The coworking industry in California has greatly benefited from the tech boom, and coworking spaces in San Francisco are more popular than ever, thanks to the region’s large numbers of tech workers and solopreneurs. Until recently, coworking was mostly popular with freelancers or smaller startups that couldn’t afford a long-term office lease, but still needed …

10 Brilliant Coworking Spaces in Brooklyn

A selection of Brooklyn coworking spaces that offer top-notch amenities and strong and unique community character.

Expert Roundup: Designers Discuss Commercial Interior Design Sector & Trends for 2023

Due to the pandemic, going to your workplace in the last couple of years might have been difficult. COVID-19 certainly changed the way office spaces are being designed moving forward. And, because every new year comes with new challenges and opportunities, CommercialCafe wondered what 2023 had in store for the commercial interior design sector. So, …

Office Pipeline 2023: Tight Race Between Manhattan & Boston for Top Spot

Manhattan & Boston lead the list of office projects under construction
Austin, Charlotte & Nashville on course for largest projected market expansions
Largest office development in the pipeline is Brookfield’s 2 million-square-foot Midtown tower
Arlington and Chicago offices highest ranking under construction projects outside of NYC
Construction of nearly 1 million square feet of Amazon-leased office space on hold in Bellevue

10 of the Best Creative Coworking Spaces in Boston

A short list of the most appreciated coworking spaces in Boston, with excellent modern amenities and unique themes.

9 Inspiring Coworking Spaces in Miami (2023)

With a strong financial sector, booming tech industry, and enviable weather, Miami is the economic heartland of South Florida and home of a growing number of telecommuters. With this in mind, it should come as no surprise that Miami coworking spaces are among the most sought-after in Florida, with a growing number of locations offering …

11 of the Most Inspiring Coworking Spaces in Manhattan

Manhattan is the epicenter of global finance and home to a plethora of other industries. With tech and freelancing growing ever larger, Manhattan coworking offices followed suit, becoming more and more amenity-rich and attractive for freelancers. We compiled a list of some of the best coworking spaces in Manhattan, from shared spaces in some of the city’s most recognizable office buildings to other spaces offering specialized amenities and services.

2022’s Top 50 Most Expensive Office Sales

Midtown manhattan’s 245 Park Ave. was 2022’s most expensive office sale. However, the top 10 list included 8 other markets, underlining the degree of interest that commercial real estate investors have for office markets besides NYC.

10 of the Most Attractive Coworking Spaces in Houston

With the city becoming a veritable magnet for both startups and the big names of the tech and business world, Houston coworking spaces have played a vital role in providing flexible and scalable workspace solutions for both new and established companies. However, with so many good options around, the task of sorting through a large number of …

10 of the Best Coworking Spaces in Chicago

The coworking space scene in Chicago has something for everyone: solopreneurs, small teams, or a business in need of a brainstorming venue. Here are some of the best options in town!

10 of the Best Coworking Spaces in Austin

Coworking spaces in Austin represent the way in which the city has reinvented itself, all while continuing to nurture a collaborative spirit. And, at the root of the city’s growth is an intensely creative spirit that entrepreneurs and startups alike embrace. Plus, for many of us, the way we work is reinventing itself. So, it’s …

The 10 Best Coworking Spaces in Denver (2023)

Building tech hubs is no small task, especially on the West Coast where Silicon Valley’s pull has been nearly unrivaled for several decades. Despite that, Denver has played its cards well, betting as much on its top-tier learning institutions’ ability to attract young talent as on its laidback, outdoors-loving charm (not to mention its relative affordability compared to other tech hotspots).

However, one of the most significant markers of the city’s success as a creative powerhouse is the wealth and diversity of coworking spaces in Denver. So, because choosing the right one out of an ever-growing list of enticing listings can be daunting, CommercialCafe compiled a list of the most attractive shared spaces to get you started.

KKR Moves into Meta’s Old Offices at 30 Hudson Yards

The private equity firm’s expansion coincides with a number of important shifts in the New York office market. As part of a wider effort to downsize and consolidate its office portfolio across the U.S., Meta spent roughly $413 million terminating leases in the third quarter of 2022, with an additional $900 million directed toward office realignment in the fourth quarter. Likewise, other tech companies — which had been the major driving forces behind office development in recent years — have also taken a more cautious stance amid layoffs and increasing costs of borrowing.

The Tallest Planned Skyscrapers in the Works

In the last three decades, the tallest skyscrapers have mostly concentrated in Asian markets, though the U.S. also has several supertalls in the works. Check out our ranking to find which are the tallest skyscrapers planned in the U.S. and worldwide.

CommercialCafe Market Exposure Increases as Yardi Launches Partnership with RealNex

Yardi is pleased to announce the inclusion of its CommercialEdge Listing Network within the RealNex’s MarketPlace listing syndication capability. The partnership will introduce more than 75,000 new for sale and lease listings to the network’s 2 million visitors.

Druker Submits Plans for Life Sciences Project in Boston’s South End

The company’s plan is to build two properties — linked via “an above-grade connection” — that would encompass lab and office spaces, along with ground-floor retail; an area for community gatherings or nonprofit use; and two levels of below-grade parking. The project would also include a landscaped pedestrian plaza connecting Washington Street and Shawmut Avenue.

Signature Acquisitions Closes on $88 Million Deal for Parsippany Office Building

Built in 2001, 300 Kimball was most recently renovated in 2013. It had an occupancy rate of 87% at the time of the sale. Specifically, the property’s tenant roster includes the likes of commercial property insurer FM Global; medical device manufacturer and distributer embecta; engineering and environmental consulting service provider Langan; and Western World Insurance/AIG.

Howard Hughes Signs Trio of Tenants at 60 Corporate Center

Dallas-based Howard Hughes closed the year with string of leases at its 115,000-square-foot office space in downtown Columbia, Md. Three new tenants are set to join the roster: Ellie Mental Health is the first, set to move in by April. The mental health provider will occupy 3,800 square feet at 60 Corporate Center. It will …

Anchin Inks Deal for 46,000 Square Feet in Times Square

The property at 3 Times Square — also known as the Thomson Reuters Building — was built in 2001 by the Rudin family, who have been invested in upgrading the property throughout the last couple of years. Architectural firm FXCollaborative was brought in to redesign the building’s lobby and handle the integration of other improvements, such as the touchless entry system; a new elevator system; and an amenity space on the 16th floor with a dining area and a coffee bar, as well as a conference and event center.

Fastest-Shrinking Jobs in the U.S. Lose Ground to New Technology

Beyond the pandemic, digital technology integration has had a more notable contribution to the decline in some of these occupations across the decade we surveyed.

Newmark Brokers $150 Million Loan for Revamp of Textile Building

In 2021, construction and rehabilitation work began to reshape the former Textile Building into a new, 19-story, 710,000-square-foot office tower. Efforts included upgrades to existing windows; HVAC and ventilation systems; elevators; and general infrastructure. Meanwhile, the lobby was redesigned by Studio MAI, adding more natural light through the use of arched ceilings.

Protected: Fastest-Shrinking Jobs in the U.S. Lose Ground to New Technology

Beyond the pandemic, digital technology integration has had a more notable contribution to the decline in some of these occupations across the decade we surveyed.

Bradmore Secures Construction Loan for West Los Angeles Creative Office

The financing will go toward the completion of 42xx, a 151,000-square-foot, low-rise office campus located at 4204-4230 Glencoe Ave. in Silicon Beach, one of the most sought-after real estate markets in Los Angeles. Neighbors include the likes of video game developer Electronic Arts, which is partially leasing a new, 155,000-square-foot office property near the end of the 90 Freeway.

Empire Capital Lands $215 Million Acquisition Loan for Midtown Office

Located between West 53rd and West 54th streets, the tower totals 525,825 square feet. Built in 1965 and renovated in 2007, the Emery Roth & Sons-designed building has had a tumultuous couple of decades. Purchased at the height of the commercial real estate market in 2006 by Harry Macklowe, it commanded a whopping $498 million. Three years later, in the midst of the financial crisis, Macklowe had to auction it off. In 2010, RXR bought the tower off Otera for about $400 million. Five years later, Blackstone became the majority stake owner after it scooped up the property as part of a six-asset portfolio deal.

Business Group to Move into WeWork Offices in Downtown St. Louis

The deal will allow Greater St. Louis Inc. — which already occupies space on the 13th floor of the building — to lease out the entire 22nd floor, which had previously hosted coworking space provider WeWork. The move is expected to be completed by spring 2023.

Healthcare & Green Jobs Head List of Fastest-Growing Careers in U.S.

The U.S. labor market was already undergoing an important expansion of its health sector in an effort to provide care for one of the largest cohorts of retirees. Accordingly, by 2021, the number of Americans working in healthcare-related jobs was roughly 20 million. Meanwhile, the green energy sector — which had been steadily growing throughout the course of the last decade — is now receiving more attention as an important source of new jobs for both blue- and white-collar workers.

Prologis Unveils Plans for Alameda Crossings Studio Complex

Located at 1716 E. Seventh St. on a nine-acre site that previously hosted a Greyhound bus terminal, the campus will feature 10 soundstages and 291,000 square feet of Los Angeles office and support space. The proposed project will also have a parking garage with capacity for 941 vehicles and 136 bicycles.

Haystack Oncology Leases New Facility in Baltimore

Originally built in 1965 as a bus depot, City Garage was redeveloped into a manufacturing hub with the backing of Sagamore Ventures in 2016. The property is part of the Baltimore Peninsula, a mixed-use project undertaken by a team that includes the likes of MAG Partners, MacFarlane Partners, Sagamore Ventures and the Urban Investment Group within Goldman Sachs. Currently undergoing construction, the 235-acre development is estimated to deliver more than 14 million square feet of commercial office, retail and residential space to the local market.

Marx Realty Signs Trio of Fintech Tenants at 10 Grand Central

Designed by Ely Jacques-Kahn, 10 Grand Central has undergone major renovations since 2019. The effort — lead by David Burns, principal of Studios Architecture — was part of Marx Realty’s repositioning strategy for the 359,000-square-foot tower. Notably, the new façade features soaring marquee brass fins and oversized walnut doors. The lobby has also been refurbished, boasting a 7,500-square-foot indoor/outdoor lounge and club floor. The property also has a 40-seat conference space and a 1930s-inspired garden party outdoor space, dubbed The Ivy Terrace.

Amazon Nabs 569,000 Square Feet at Bronx Warehouse

The facility’s proximity to Cross Bronx Expressway, Hutchinson River Parkway and the Bruckner Expressway gives Amazon access to more than 9.4 million potential customers within a 15-mile radius — a boon for the e-commerce giant, which has been increasingly focused on last-mile logistics since the start of the pandemic.

Sodexo Inks Deal for New Bethesda Headquarters

Sodexo is expected to move in the spring of 2024, leaving its current location at 9801 Washingtonian Blvd., which has served as its headquarters since the 1980s, when the Paris-based company opened its American arm. According to the Washington Business Journal, Sodexo previously considered a relocation in 2012. However, that move was scraped after county and city officials offered $4 million in public incentives.

Rubenstein Partners Signs New Tenant at 25 Kent

Altana, an artificial intelligence platform for supply chain management, has signed a 10-year lease for roughly 21,000 square feet of office space at 25 Kent Ave. in the Williamsburg neighborhood in Brooklyn, N.Y. Whitten Morris and Peter Riguardi of JLL represented the landlord (Rubenstein Partners), while Sam Seiler and Joe Sipala, also of JLL, negotiated on behalf of Altana.

The deal allows the company to shift its workforce from its current location at 134 N. Fourth St. to the eight-story building owned by Rubenstein Partners. Altana’s expansion into its new headquarters comes on the heels of a recent $100 million Series B investment.

ULI Report on Emerging Trends in Real Estate 2023

One of the first aspects that caught the attention of industry professionals was the decline of older office stock – buildings labeled as Class B or Class C assets, in accordance with the quality and diversity of their amenities – in favor of newer developments. In fact, a study by JLL highlighted that, between 2020 and the second quarter of 2022, properties completed in 2015 or later had a net absorption of 86.8 million square feet, whereas buildings older than that had negative net absorption of 246.5 million square feet. Notably, most negative net absorption (195.5 million square feet) was in buildings completed in the 1980s and earlier.

Santander to Occupy 95,000 Square Feet at New Miami Office

Located in the heart of Brickell and equipped with the latest in office amenities, the building has attracted a lot of attention. At the time of this deal, 830 Brickell was nearly fully leased, sporting an impressive roster of high-profile tenants that have driven up asking rents past $120 per square foot — a record for the Miami market.

Top of Sight, Top of Mind: Boost Your Listings Above the Competition

How to secure top spots for your best CRE listings across our network with Premium Listing placement and stay ahead of the competition.

Slate Office REIT to Buy Pfizer-Leased Property in Lake Shore

At the time of the negotiations, 275 North Field Drive was occupied and owned by Pfizer. The pharmaceutical giant had moved into the premises following its $17 billion merger with Hospira in 2015. As part of the current deal, Pfizer agreed to a long-term lease for most of the Lake Shore property, which also includes another 65,000 square feet of space available for a potential tenant.

Q3 2022 CommercialEdge Office Report: Demand for Coworking Continues to Drive Growth

CommercialEdge released its national office report for October, shining a spotlight once again on the reemergence of coworking spaces as a magnet for tenants, developers and investors alike. As a recent survey conducted by BOMA confirmed, office-using businesses are signaling their preference for shorter lease terms and more flexible workspace arrangements, which will allow them to quickly adjust their footprints according to their needs. 

BOMA Releases New COVID-19 Tenant Impact Survey

The highlights presented in the final study relied on a series of fielded responses from more than 1,267 office decision-makers, including company owners, CEOs and other members of the C-Suite. The goal of the survey was to better understand the future financial and operational implications for commercial real estate owners and operators.

Great Central Transport Leases 2 Compton Warehouse Spaces

Trucking, storage and distribution company Great Central Transport has signed two leases totaling 344,000 square feet of industrial space in Compton, Calif. The largest of the two deals included a 200,000-square-foot industrial building at 601-615 W. Walnut St., which is owned by the San Francisco-based warehousing giant Prologis. The second deal was for a roughly 144,000-square-foot property at 921 Artesia Blvd. that’s owned by JPMorgan Asset Management.

Related Secures Construction Loan for West Palm Office

Since 2020, Related has become dominant in the West Palm Beach office market, both as a developer and an owner. In terms of owned assets, the company’s portfolio includes Phillips Point, CityPlace Tower and Reflections office properties, as well as a 50% stake in Esperanté Corporate Center. Meanwhile, Related recently added a 20-story property located at 360 Rosemary to its name, in addition to announcing plans for another office construction project at 515 Fern. In fact, the company’s entire portfolio in West Palm Beach has earned it the moniker of the “Wall Street of the South” as a result of its ability to attract out-of-state financial firms.

LuminUltra Inks Lease for New Headquarters at BWI Tech Park

LuminUltra has penned a lease deal with St. John Properties for 14,000 square feet at 805 Pinnacle Drive in Linthicum, Md. The Canadian company will relocate its U.S. headquarters to the new facility located within BWI Tech Park — a 156-acre business campus that encompasses more than 1 million square feet of Maryland commercial real estate, including office, flex, R&D and retail space.

O’Melveny & Myers Plans Move to 1301 Avenue of the Americas

Paramount Group — one of the largest real estate investment trusts in the U.S. — has announced the closing of a 15-year lease agreement with O’Melveny & Myers LLP (OMM) for 142,000 square feet of office space at 1301 Avenue of the Americas. The law firm will occupy the 17th through 20th floors in the 1.7-million-square-foot trophy tower located between 52nd and 53rd streets in Midtown Manhattan. The move is scheduled to occur in late 2024 or early 2025.

Has the New Age of Remote Work Made a Dent in the Average U.S. Commute Time?

Western U.S. cities reported the largest local drop in average commute time. While the number of remote workers in San Jose, Calif., grew from 4% in 2019 to nearly 30% of the workforce in 2021, the average commute time for non-remote workers dropped nearly 15 minutes for a round-trip commute.

Truist Joins Vista Equity & Meta at 50 Hudson Yards

Truist Financial will join a select list of tenants — comprised of the likes of Meta, Vista Equity Partners and ServiceNow — at the soon-to-be-completed 50 Hudson Yards in Midtown Manhattan. Even before construction began on 50 Hudson Yards, the building was already attracting the attention of major players. Social media giant Meta signed in 2019 and also has space at other Hudson Yards properties, while BlackRock had agreed to move its headquarters to the skyscraper as early as 2016.

Bright MLS Inks Deal for 13KSF in Bethesda

The Bethesda office space is part of a 24-acre, mixed-use development that also includes 765 apartments, 99 condos, and a 177-room hotel, as well as 80,000 square feet of additional office space and more than 40 retailers. Notably, the campus also provides access to event spaces, such as the private dining options at Owen’s Ordinary and Summer House, as well as the ballrooms at Canopy by Hilton and Pinstripes.

Flexible Workforce Demand Drives Growth of Coworking Sector

Working from home and working near home since the 2020 lockdown have sustained and even lifted the coworking scene nationwide, pegged to be the first commercial real estate sector to fall victim to pandemic physical distancing.

Expert Insights: Sara Malek Barney Discusses Office Interior Design

For this installment of our Expert Insights series, we sat down with Sara Malek Barney, founder and principal interior designer of BANDD/DESIGN Studio in Austin, Texas. A University of Texas alum, Sara holds degrees in corporate communication and interior design. She was named one of Austin Monthly Magazine’s “Women to Watch” multiple times, as well …

Home Depot Leases 500,000 Square Feet at Duke Realty Warehouse in LA County

Home Depot inked a lease deal that will allow it to fully occupy Duke Realty’s newly built smart industrial building in Los Angeles County. The 529,866-square-foot Irwindale, Calif., industrial space is equipped with a building automation system (BAS), smart metering system, solar panels and high-efficiency air conditioning units.

Top 20 Best Cities for Gen Z: Atlanta, Minneapolis & Boston Steal the Spotlight

Generation Z wants stability, a good education and quality experiences. We set out to rank the best cities for Generation Z based on a variety of factors pertaining to the cohort, including their economic factors, walkability and public transport availability, internet speed and more.

Expert Insights: Christine Mastandrea Discusses Texas Commercial Real Estate

For our latest expert interview, we discussed the Texas commercial real estate market with Christine Mastandrea, adjunct professor in management – real estate at the Jones Graduate School of Business at Rice University. Mrs. Mastandrea also works as Chief Operating Officer at Whitestone Real Estate Investment Trust (NYSE: WSR). Previously, she was Chief Operating Officer …

Kaufman Borgeest & Ryan Signs New Lease Deal for Midtown Office

Law firm Kaufman Borgeest & Ryan recently closed a 15-year lease deal at Global Holding’s 875 Third Ave. The company will occupy 27,000 square feet of prime Manhattan office space located between East 52nd and East 53rd streets, marking a significant downsizing from its current 48,000-square-foot lease at Silverstein Properties’ 120 Broadway. The move reflects a wider trend of companies adjusting their office space needs to accommodate employees’ preferences for flexible work schedules.

Yardi Announces Launch of CoworkingCafe.Com

Yardi recently announced the launch of CoworkingCafe.com, a new platform for researching and booking coworking spaces offering a seamless experience for freelancers and operators alike. Yardi also announced the acquisition of CoworkingMag.com, the go-to source for any information regarding coworking.

Best Places for Millennials to Live in 2022 – Top 10 U.S. Metro Areas

In revisiting our previous ranking of the most attractive metro areas for Millennials, we followed each entry’s performance across these seven indicators: Millennial population growth between 2016-2020; proportion of millennials in the overall population in 2020; regional price parity; median earnings; unemployment rate; percentage of millennials with employer-based health insurance; percentage of millennials in the labor force, with a bachelor’s degree.

WeWork in Partnership with Yardi Launches WeWork Workplace: An End-to-end Platform for Employee Experience and Workplace Management

WeWork today announced the official debut of WeWork Workplace, a new space management solution built in partnership with Yardi, the leading provider of real estate software.

Top 20 US Metros for Life Science Companies in 2022

We ranked the top 20 U.S. metros for life science companies to start or scale their business in 2022, using up-to-date CommercialEdge life science real estate data, and the most recent Census and BLS reports on local labour and talent pools.

2022 Office Survey: How Increased Renter Interest is Reshaping the Post-Pandemic Workspace

Asked about the motivation behind their current office search, respondents’ options were relatively evenly spread between the available answers, although the need for a smaller workspace that could accommodate hotdesking or a hybrid system ended up with a slight edge. Nearly a quarter said their search had been prompted by a need to downsize their office footprint. Various real estate professionals we’ve asked for insights into the office market also highlighted renters’ shift towards smaller workspaces throughout the last couple of years.

Experts Discuss the 4-Day Work Week

By now, we can safely say that the last two years have completely transformed our ideas of work/life balance and made us rethink what it will look like from now on. Specifically, working from home became extremely popular in 2020 as employees detached from their daily routines, such as commuting to in-person workplaces. That said, …

Work and Life Balance Survey Highlights Younger Generations’ Workplace Woes

We conducted a survey of 2,006 respondents, asking them about how they manage the balance between work and free time, how much workplace stress affects their personal lives and other work-related questions. Our surveys found that the younger generations tend to be more stressed and get less sleep, leading to a more imbalanced division between their professional and personal lives.

Expert Insights: J. Andrew Hansz on Texas CRE, COVID Impact and More

J. Andrew Hansz, Ph.D., CFA, MAI (non-practicing) holds the Gould/Mayfield Professorship in the Department of Finance and Real Estate, College of Business, the University of Texas at Arlington (UTA). He publishes original research regularly, and his articles have appeared in the Journal of Real Estate Finance and Economics, Real Estate Economics, Journal of Property Research, …

U.S. Energy Production and Consumption in 2021: On Its Way to Recovery, Commercial Usage Grows 3% Y-o-Y

2021 was marked by several attempts at resuming life and work, albeit within a changing and challenging new environment. Industrial power consumption picked up, and residential usage increased further still, but it’s important to note that remote working hasn’t made offices obsolete – as news of big companies either investing in prime real estate, renewing, or expanding their leases has continued to pour in. However, it has shifted expectations regarding the future of workspaces – not in the least in terms of optimizing energy usage.

Venture X Opens New Coworking Space in Denver

Venture X also operates coworking spaces in Denver at 2590 Welton St., and 6400 S. Fiddlers Green Cir., in Greenwood Village.

Mental Health Experts Discuss Anxiety of Returning to In-Person Workplaces

At the beginning of 2020, we had no idea how much our lives would soon change and how many challenges we would have to overcome. Two years ago, as the pandemic worsened, we were forced to change our daily routines — and the way we work was no exception. As a result, working from home …

Barking Up the Right Tree: Most Dog-Friendly U.S. Cities

Helen Keller wrote that the first thing she were to do if she would suddenly regain her vision would be to “look into the loyal, trusting eyes of my dogs… whose warm, tender, and playful friendships are so comforting to me.”  We can all sympathize with how she felt. Today, our bonds with our own …

Sustainability & Occupant Health Take Center Stage in Largest Office Projects Coming Online in 2022

The largest office projects due in 2022 demonstrate a strong interest in better and more sustainable building practices, as well as healthier workplaces.

IBM to Occupy 328,000 Square Feet at Flatiron District Office

IBM has been looking for a suitable location to consolidate several of its existing Manhattan offices, including 590 Madison Ave. and 51 Astor Place. The company’s footprint at One Madison will be smaller than the combined square footage of its older office spaces, but it will benefit from a host of amenities that will be added during the development, which is being led by Kohn Pedersen Fox Associates and is expected to be completed in November 2023.

2022 U.S Office Market: Expert Outlooks

We’ve witnessed some major changes in the last couple of years due to the COVID-19 pandemic — and the office market is no different. So, as people slowly return to the office, CommercialCafe asked commercial real estate brokers and industry experts to share their thoughts on the state of the market in 2022. Specifically, we …

3 Ways to Improve Property Listings in 2022

Good CRE website design is just the first piece of the property listing marketing puzzle. Once you lay that foundation, you can build on it. Specifically, that means getting the word out about your listing by sharing it.

Expert Insights: William G. Hardin Discusses the Office Market Trends in 2022

For our latest interview in the Expert Insights series, we had the pleasure of chatting with Dr. Hardin about the trends and predictions for the office market in 2022. Dr. Hardin is a real estate and finance professor at Florida International University and holds a Knight Ridder Endowed Eminent Scholar Chair. He is co-editor of …

Yardi Launches Elevate Revenue, a Brand New Real Estate Management Suite

Leading real estate software company Yardi recently announced the launch of Elevate Revenue, a connected set of solutions meant to streamline the process of lead conversion in real estate. Tapping into its decades of experience in designing real estate software, Yardi created Elevate Revenue to streamline how leads are turned into leases for property owners, …

Welcome Group Makes 1st South Carolina Industrial Acquisition

The company’s portfolio includes more than 6 million square feet across more than 130 industrial properties in key Texas and Southeast U.S. markets.

Top 50 Office Deals of 2021: Life Science & Medical Offices Take Center Stage

One of the surprising findings in this analysis is that no New York City office property sales in 2021 ranked among the top three transactions.

CIM Signs Office Lease with CNY Group at 1440 Broadway

CNY took 34,000 square feet of Midtown office space for rent at the CIM Group property on Broadway, to serve as the company’s headquarters.

Datasphere Pays $80 Million for North Atlanta Data Center

The asset, located in the country’s seventh-largest data center market, also includes available land for an additional 140,000 square feet of office space and data center facilities development.

How Embracing Predictive Adaptability Will Transform the Office Space of 2022 and Beyond

As the pandemic showed over the last two years, workplaces and work models need to be designed with predictive adaptability in mind. Innovations such as hybrid work and hot-desking enabled by occupancy management software will be central in future-proofing the office spaces of 2022 and beyond.

JLL Buys Prominent Durham Medical Office Property

JLL Income Property Trust’s investment portfolio is now 8% healthcare-oriented, with 1.1 million square feet of medical office space across 15 properties.

TerraCap Sells Metro Atlanta Office Portfolio

TerraCap sells roughly 180,000 square feet of suburban Atlanta office space of its Breckinridge property in Duluth, disposing of six out of seven portfolio buildings it had acquired in 2017.

BH Properties Buys Vacant Spec-Built Houston Office Building

BH Properties buys Mason Creek II, premier suburban property offering more than 120,000 square feet of class A Houston office space for rent.

ESRT Signs Subway & AT&T at 10 Union Square

ESRT completes two new retail space leases, bringing Subway and AT&T to the Zeckendorf Towers retail building in Midtown Manhattan.

Downtown Works Opens 2nd San Diego Coworking Space

Downtown Works PB offers premier San Diego coworking and shared space facilities, along with access to a global coworking network, due to a unique League partnership.

Cloud Capital Buys Northern Virginia Data Center for $222.5 Million

The LEED Gold-certified office and data center property has been designed to offer superior reliability and security standards. The Tier III compliant structure is home to several government and commercial clients.

Downtown Tampa Bank of America Plaza Lands $175 Million ReFi

Banyan and Oaktree purchased the property from MetLife in 2015, for $194 million. The tower is subject to a 99-year ground lease that expires in 2080.

Suburbs Home to 67% of All Offices Constructed in Last 20 Years

Key Takeaways 1.8 billion square feet of rentable office space has been constructed across the country in the last 20 years, with 85% in the top 50 metropolitan areas. Office construction was overwhelmingly suburban, as campus-style design and cheaper land pulled developers and companies further out of the city. New York City, Los Angeles, Seattle …

CI Financial Doubles Miami Office Lease Square Footage at 830 Brickell

The 55-story tower is still under construction and the owner-developers joint venture estimates that the project will be completed by the close of 2022.

National Office Listing Rates Increase 1.8% Y-o-Y in December as Vacancy Stagnates

The CommercialEdge January 2022 national office report just released tracks the latest office construction, vacancy trends and leasing activity across the top U.S. office markets, offering insight into the health of the national and market level real estate industries.

BioLabs Philadelphia Opens Graduate Lab Coworking Space in Center City

Offering lab-ready shells located in close proximity to several top science & education facilities in Philadelphia, Keystone has turned The Curtis into a thriving life sciences hub.

Alexandria Real Estate Closes on Boston Metro R&D Office Portfolio

Newmark and Alexandria Real Estate Equities collaborate for another acquisition of Boston office space with great lab conversion potential.

Experts on What 2022 Will Bring in Commercial Interior Design

In the last two years, office workers have increasingly shifted to working for home. As a result, most of the office spaces around the world were left empty due to the COVID-19 pandemic. And, even as companies slowly reopen their offices, it’s safe to say that the pandemic has had an influence on how the …

Vornado Divests 480 Broadway & 155 Spring in SoHo

The buildings at 480 Broadway and 155 Spring in SoHo, Manhattan have traded to KPGFunds.com from Vornado for an undisclosed price. The luxury properties will be repositioned as high-end, luxury offices with top-notch amenities and ground floor retail.

Here’s Why You’ll Want to Promote Your Listings on CommercialCafe

CommercialCafe is a nationwide commercial real estate internet listing service, part of the CommercialEdge Listings Network. Listings available on CommercialCafe cover all commercial real estate property types, including office, industrial, retail and coworking spaces — for sale and for lease.

Boulder Tops Silicon Valley as Most Cutting-Edge Metro in U.S.

Key Takeaways: Boulder, Colo., is the most cutting-edge metro area in the country with the most robust EV-charging network per capita. Top cities that have drawn tech companies are also on the cutting edge, including Seattle; Boston; Denver; Portland, Ore.; and Washington, D.C. A red-hot startup economy propels Salt Lake City into the top 10 …

Tenants Flock to Merritt 7 Office Park in Suburban Metro New York

The largest and most prominent corporate park in Fairfield County has been seeing notable and consistent office leasing activity, as the extensive renovation program at Merritt 7 buildings 501 and 601 nears its conclusion.

Signature Bank Doubles Footprint at 1400 Broadway

Following the closing of this new, 15-year lease, the New York-based bank will pay an asking rent of roughly $67 per square foot for a total of 280,182 square feet of Manhattan office space spread across 10 floors. The tenant roster at 1400 Broadway also includes the likes of IPG and Burlington Coat Factory, as well as French skincare company Clarins, which recently leased 15,000 square feet in the 37-story building.

Congress Square Office Tower in Downtown Boston Recapitalized

Just off of fresh renovations, 40 Water St, a.k.a. Congress Square, in downtown Boston has been recapitalized with new owners led by Hana Financial and KTB Asset Management which took a 95% ownership stake in the property for $342 million.

Longpoint Fetches Miami-Dade Warehouse for $59 Million

“Aventura Industrial Center is strategically located along the Golden Glades interchange, one of the largest interchanges in South Florida where four of the tri-county’s most important roads and highways converge,” said Lobón, an executive vice president at CBRE. “This central location provides equidistant connectivity to each county’s principal growth driver: Miami International Airport, Fort Lauderdale International Airport, Port of Miami and Port Everglades.”

NASIS Buys Recently Completed South Bend Corporate Office Property

The Los Angeles investor has recently completed the acquisition of a newly constructed corporate office building that is part of the Ignition Park development in South Bend, Indiana.

Cousins Properties Sells LEED Platinum Austin Office Building

Cousins Properties has been actively restructuring its Sun Belt portfolio throughout 2021. In a recent move, the company sold its Congress Ave LEED Platinum-certified office building.

Game On! Top U.S. Cities for Gamers

Even before the pandemic, gaming could be pursued either as a job or as a hobby from pretty much anywhere. A stable internet connection and a computing device are enough to get you started. But what if you’re also eager in sharing your passion with other like-minded individuals at conventions, or still enjoy browsing at your local video game or hardware store? Or if you want to get into competitive gaming in college?

Goldman Sachs, Lincoln Harris, Honeywell JV Sells Newest Charlotte Legacy Union Office Building

Electronics manufacturer Honeywell International is in the first year of its 15-year Charlotte office space lease at Legacy Union, which is only one of the many points of attraction for investors bullish on the hot North Carolina market.

42floors.com Relaunched Following Yardi Acquisition & Update

Yardi Systems — the leading provider of software solutions for the real estate industry — announced its acquisition and redesign of popular CRE marketing platform 42Floors.com. The website was previously owned by Roni Mova, principal of United Group, who was represented by Dan Fasulo.

Which Midwest Metro Areas Are Gaining the Most Residents from Other Metros?

The U.S. Census Bureau recently released data on national metro-to-metro migration trends, which showed that metros such as Phoenix; Inland Empire, Calif.; and Dallas were drawing the most residents from other areas of the country. However, while metros in the Sun Belt are attracting the most residents overall, certain areas in the Midwest are also …

Smaller Northeastern Metros Continue Gaining More Residents Through Metro-to-Metro Migration

The Northeast is home to the country’s largest megalopolis, comprising some of the most important economic and cultural centers in the U.S. One demographic trend that characterized the Northeastern U.S. in recent years is that of smaller metro areas winning residents through relocations, thanks in part to their affordability and suburban advantages. Meanwhile, the region’s …

Top 15 Mid-Sized Metros for Tech Workers Looking to Relocate

Using data gathered by the U.S. Census Bureau and the Bureau of Labor Statistics (BLS), the following study focused on U.S. metropolitan areas with populations of less than 1 million residents and scored them across six indicators, including:

Life quality (such as regional price parity, educational attainment and unemployment rate) – 25 points
Tech job density – 30 points
Average tech salary – 15 points
Tech business density – 15 points
Percentage of the total population covered by employer-based health insurance – 5 points
Number of leisure establishments per 100,000 residents – 10 points

Here Are the Smaller Metros Winning Net Population Through In-Migration

Our recent study on metro-to-metro migration found that the biggest hotspots for population inflow are still mostly concentrated in the Sun Belt. However, simply looking at an overall top 10 list of metros gaining the most net population at the expense of others does not tell the full story, as such a list is predictably …

Columbia Property Trust Inks 2nd Lease Deal at 799 Broadway

Columbia Property Trust signed its second tenant at its ongoing development at 799 Broadway, just one a month after securing its first lease for the building. Bain Venture Capital will occupy the entire 10th floor – roughly 8,756 square feet – of the 10-story Manhattan office space on a 10-year contract. Asking rent was between $150 and $200 per square foot.

Microsoft To Lease 150,000 Square Feet in Union Square Office Tower

Microsoft signed a lease for 150,000 square feet of office space in the 10-story Flatiron District tower at 122 Fifth Ave. in Union Square. The tech giant will occupy roughly half of the property — floors six through 10, which were previously leased to Barnes & Noble. Asking rents remain undisclosed for the time being, and Microsoft has yet to establish a clear move-in date.

Mapping the Lowest & Highest Automation Potential of White-Collar Employment in the U.S.

So far, automation has been mostly integrated with hard, manual labor occupations. However, the process is not limited to blue-collar employment. As automation R&D progresses, the repetitive and tedious tasks of office-using, white-collar occupations are first up for an increase in efficiency.

Rudin & BXP Sign 2nd Tenant at Brooklyn Navy Yards’ Dock 72

After a long pandemic wait, WeWork is no longer the only name on the tenant roster at Dock 72. Navy Yards will be the new home of Food52, relocating to Brooklyn from Chelsea in 2022.

Boeing-Leased Denver Office Property Sells for $67 Million

The property’s best-in-class amenities complement its location, which is highly advantageous in various industries, both for tenants looking to tap into the rich local talent pool, as well as tenants moving products throughout the region and beyond.

Office Vacancy Across Top U.S. Markets Dipped Below 15%, National Leasing Rates Stable

Office sales across key U.S. office markets analyzed for this most recent report surpassed $50 billion during the first nine months of 2021, while the average sales price per square foot continued to climb.

Sun Belt Stays Ahead in Metro-to-Metro Migration Trends

Whether it’s for an economic opportunity or the need to find a better-suited home, moving is a common occurrence in America. And, while most people who move house tend to stay within the same general area, metro-to-metro migration trends produce noticeable population shifts within the country, which can define the way metros develop. For instance, …

iCapital Extends One Grand Central Lease, Doubling Its Footprint

Fintech platform iCapital increased its footprint at One Grand Central Place in midtown Manhattan, virtually doubling its initial presence in the building to a total of 64,500 square feet.

Warner Bros. Sale Leaseback of the Burbank Ranch Now Official

The development delivery of the land swap deal is scheduled for 2023, which coincides with Warner’s 100th anniversary. Since breaking ground in early 2020, the Second Century Project’s distinct profile is already taking shape.

Revamped Los Angeles Creative Office Commands $153M

IRA Capital believes in strong post-pandemic recovery, pays $153 million on recently renovated Los Angeles office space leased to live entertainment tenant.

Nashville Yards Attracts Prominent Law Firm HQ Relocation

The largest law firm in Nashville has announced it will relocate its headquarters to the top floors of Southwest Value Partners’ 35-story office development at 201 Platform South.

VISA to Join Microsoft & Google in Atlanta’s Hottest Office Submarket

VISA joins Google, Microsoft, and others in the race to attract some of the diverse talent graduating from the various H.B.C.U.s in the city, as well as from Georgia Tech and Georgia State.

People are Choosing to Walk More Than Ever, According to Apple Mobility Trends

According to Apple’s Mobility Trends data, residents across the country are choosing to walk places more often than driving or taking public transit, but they’re also walking way more than they were before the pandemic.

CI Financial Signs Lease for U.S. Headquarters in Miami

Both New York and Dallas were on CI Financial’s shortlist for its new base of operations in the U.S., but Miami ended up being the Toronto-based company’s preferred choice.

Paramount Closes 2 Lease Deals for 1301 Avenue of the Americas

The French banking group shrank its presence at 1301 Avenue of the Americas from its previous 240,000 square feet. Meanwhile, SVB Leerink — an investment bank specializing in healthcare and life sciences — signed up for more than double the Midtown Manhattan office space it had previously occupied.

BXP Enters Seattle Office Market with Purchase of Safeco Plaza

Safeco Plaza in Seattle’s central business district has traded hands for $465 million to a joint venture managed by top publicly traded class A office owner, Boston Properties in a deal that brings the ownership, management and develop behemoth to the Seattle office market.

CommercialEdge National Office Report 2021: Vacancy Rates Stabilize as Listing Rates Slowly Perk Up

While office sales activity has remained below pre-pandemic levels, transactions recorded through July of this year totaled roughly $37 billion. Likewise, investment activity also remains below pre-pandemic levels and, if the current pace of completed transactions holds steady, 2021 office sales could even exceed the $62 billion recorded last year.

Best Cities for Working Remotely in the U.S.

Working from home has turned into the new normal for more people than ever before, opening up the possibility to live in any city across the country. The Phoenix suburbs are popular places to work from, but larger cities like Austin and Nashville are growing their share of digital nomads.

Construction Begins on 200 Clayton Project in Denver

Developers broke ground on the 76,000-square-foot mixed-use building at 200 Clayton in the Cherry Creek North neighborhood of Denver. The eight-story building will house a division of The Broe Group’s team and act as part of their headquarters.

Pasadena Office Portfolio Fetches $80 Million

The $80 million Pasadena office portfolio totals 242,000 square feet and includes an 11-story property at 2 N. Lake Ave, a three-story building at 911 E. Colorado Blvd, a one-story structure located at 902 Boston Ct, and an additional six-story parking garage. The properties previously changed hands in 2009 for roughly $52 million.

The Most Ambitious Concept Skyscrapers Ever Envisioned

Skyscrapers are among the most awe-inspiring feats of modern engineering and architecture. However, some concept skyscrapers aim to test or even exceed the limits of engineering. Here are the 10 biggest and most ambitious skyscraper concepts that range from the challenging to the impossible.

CBS Building in Midtown Manhattan to Trade Hands for First Time

Harbor Group International purchased the CBS Building in Midtown Manhattan for $760 million in a seller-leaseback transaction from ViacomCBS which will maintain its presence in the building but reduce its footprint.

Hospitality, Health & Professional Services Lead Growth in Total Active U.S. Businesses 2008-2018

An overview of the business landscape between 2008 and 2018, focusing on net gains or losses in the total number of active businesses.

Maximizing Property Potential Through Adaptive Reuse: 6 Success Stories

Preserve and showcase the unique local character defined by the craftsmanship of previous generations, while also creating space for modern interiors and uses, through adaptive reuse restoration.

Yardi Launches Mortgage Relief, a Homeowner Assistance Fund Software

Yardi Systems — an internationally trusted property management technology company — recently announced the launch of Mortgage Relief, an intuitive Homeowner Assistance Fund software. Targeted toward state agencies that manage American Rescue Plan (ARP) homeowner assistance programs, the platform streamlines the management of assistance applications, payments and funds into one single site. The ARP, which …

Expert Roundup: Mental Health Experts on Employees Returning to the Office

As companies increasingly begin to reopen post-pandemic, most employees wonder what going back to the office might look like from now on. And, as workers question the new rules in place; what a normal working day will look like; whether the way we collaborate will change; and so on, we wondered how the news that …

One Town Center Sells in Boca Raton’s Largest Office Deal of 2021

Prime US REIT paid $99.5 million for One Town Center, an office building located in Boca Raton’s retail district, along North Military Trail, Previously owned by a joint venture between CP Group and Siguler Guff, the property went for roughly $514.40 per square foot, making it the largest office deal in 2021 for the Boca Raton market.

Newmark Leads $147.5M Refinance of Presidents Plaza in Chicago

Newmark arranged a refinance of Chicago office space property Presidents Plaza on behalf of Angelo Gordon and Glenstar Properties for $147.5 million from Bank of America. The two Class A adjacent properties each consist of two towers and a three story atrium connecting them.

Return to the Office: Keeping the Workspace Safe & Healthy in 2021

Companies the world over are learning how to ensure an adequate environment for employees. Here are a few ways in which we can each contribute to creating a safe and healthy shared workspace.

43,000 Square Feet of Office Space Leased at 505 Fifth Ave., Brokered by JLL

Pharmaceutical company Mesoblast, investment bank Brean Capital and broker-dealer Brownstone Investment Group all signed multi-year leases at 505 Fifth Ave in Midtown Manhattan, totallying nearly 43,000 square feet of office space.

The 10 Best U.S. Metros for the Up-and-Coming Generation Z

Generation Z, the iGeneration, Post-Millennials, Zoomers … known by a variety of names, the generation following Millennials is now reaching adulthood, settling down and already making an impact. Currently aged 15 to 24, Gen Zers have an estimated purchasing power of more than $140 billion — which is only going to increase as more of …

Top 20 Most Underrated Cities in the Country

While most people are talking about moving to Austin or Miami to be part of the hot startup scene, we decided to rank the top 20 most underrated cities that would appeal to those that would prefer a quieter or more affordable city that is still vibrant.

Tips & Tools for Organizing Your Real Estate Files in 2021

By: Paperless Pipeline Real estate agents deal with mountains of paperwork for multiple clients, and it’s essential to be orderly to maximize efficiency. As such, your organization skills need to be flawless, but traditional methods of keeping physical real estate files can be challenging for any agent. However, as technology evolves, there are better methods …

Wafra Secures $500 Million Construction Loan for 111 Wall St

The loan will fund a complete overhaul of 111 Wall St. led by Studios Architecture and will last approximately two years. The building will be outfitted with the latest in touchless and smart-building technology.

Experts Discuss What the Future of Office Spaces Will Look Like

When the COVID-19 pandemic hit last year, it was difficult to imagine what the future of office design might look like. Now, as companies begin to slowly open their office spaces to their employees, we wondered what changes had been made to accommodate social distancing and safe collaborative work. And, most important, how will office …

Feldman Equities Acquires Fort Lauderdale Office in $59 Million Deal

Feldman Equities closed a $59 million deal for a Pinnacle Corporate Park in Fort Lauderdale, Fla. The seller — a joint venture between DRA Advisors and Banyan Street Capital — received roughly $226 per square foot for the property, a record price for the Cypress Creek submarket in the last decade.

CommercialEdge & SharpLaunch: A New Partnership for Your Full-Service Client Experience

Yardi continues to enhance its marketing and proptech partnership strategy by launching a new collaboration, between CommercialEdge and SharpLaunch, following several team-ups with digital disruptors.

Fastest-Growing Jobs in America: E-Commerce, IT & Environmental Conservation

The fastest-growing jobs in the U.S. continue to be in industries that are also growing the most. However, not all jobs in those industries are growing at the same rate.

Expert Insights: Chicago Real Estate Attorney John Goldstein Discusses Office Leasing in the Current Marketplace

What are the most popular concessions that tenants with long-term office leases try to negotiate for? Considering the COVID-19 outbreak, did lenders’ attitude towards investing in commercial real estate, especially larger office buildings, change? We sat down with John A. Goldstein, a real estate attorney and officer at Greensfelder, Hemker & Gale, P.C., in Chicago to talk about the current changes in the CRE marketplace.

Expert Roundup: Brokers Discuss Industrial Real Estate

Since the pandemic started affecting the U.S. economy last March, industrial real estate has proven to be the bright point in an otherwise challenging real estate market. As part of CommercialCafe‘s Expert Roundup series, we sat down (virtually, of course) with a number of commercial real estate experts from across the country to get their …

Top U.S. Cities for Walkability & Outdoor Recreation

While the country’s urban centers are still working on “open streets” plans and how to redesign urban health and comfort for the post-pandemic population. we ranked the top U.S. cities by walkability and outdoor leisure amenities.

Expert Roundup: Professors’ Thoughts on Online Teaching

It’s undeniable that the COVID-19 pandemic has transformed every aspect of our daily lives. Simple things — such as going out, traveling, shopping and more — that were previously part of our usual routine have slowly started to change. And, as a result of containment measures, daily life underwent necessary changes, including the closing of …

Work from Home Moms Survey: We Asked Women About Their Challenges During COVID-19

Our survey of work from home moms during the COVID-19 pandemic tracks prominent challenges they have felt navigating employment at the same time as being disproportionately impacted by changes in the childcare and household workload.

Rosenthal Wine Inks Lease at Domino’s Sugar Refinery in Brooklyn

Rosenthal Wine Merchant (RWM) signed a seven-year lease deal for 6,000 square feet of office space at Two Trees-owned Ten Grand Street in Brooklyn. The new tenant will occupy the entire 22nd floor of the 45-story building situated between Kent Ave. and River St., with the move-in scheduled for September of this year. Both tenant …

9 Reasons Website Design is Important for Your Real Estate Business

An intuitive website design is of utmost importance for every business in today’s digital era. So, to stay ahead of your competitors and grow your business, treat website design like an investment that will fuel your growth. As a real estate agent, you can also use your website to increase your number of customers and …

How Did the Delta Variant Affect the Largest U.S. Companies’ Return to the Office Plans?

Since the early pandemic, one of the main questions regarding the office industry was when a return to the office might be possible. Now, with vaccination efforts picking up, we compiled a definitive list of the policies and plans regarding working from home of all Fortune 100 companies.

Office Pipeline 2021: LA, Boston & SF Lead, Manhattan Construction Slows Short-Term

The 2010s will be remembered as a period of all-round economic growth, including in office construction. In particular, the last decade set the stage for several landmark office building projects, from the glitz of One World Trade Center and Hudson Yards to the sprawling corporate hubs in tech corridors. However, COVID-19 brought unprecedented change to …

See Where Industrial Real Estate is Heading in 2021 at the Bisnow Broker Roundtable

On Wednesday, March 31, Bisnow is partnering with CommercialEdge to bring you the National Industrial Broker Roundtable at 12:30 p.m. CDT. Panelists will be bringing their expert insights into the top markets and property types as well as why the demand for industrial properties is accelerating, where the demand is the strongest and what the …

3 Security Insights to Improve Your Commerical Building in 2021

Article author: Patrick Chown, Safe and Sound Security. There’s no doubt that our workspaces will never be the same: Corporate America might be downsizing its real estate footprint. But, regardless of all the alarming headlines and doomsday scenarios, commercial buildings are not going away. In fact, a recent survey revealed that three out of four [...]

Kaufman Acquires NoMad Office Building Ground Lease

Kaufman landed its third Midtown South office building since last fall, will be managing and repositioning the Haymarket Building on West 29th Street, under a ground lease deal recently signed with building owner MFM Properties.

Top US Cities for Women in STEM (2021 Ranking Update)

With STEM occupations expected to see rapid growth in the coming years, along with creative fields and business services, we ranked 120 U.S. cities for the representation of women across STEM fields.

Google’s $7 Billion Bet on a Post-COVID U.S. Office Market

In a recent blog post, Alphabet CEO Sundar Pichai announced his company’s plans to invest $7 billion in offices and data centers across 19 U.S. states. With a global workforce of over 135,000 employees, the company has also signaled an upcoming hiring spree to fill over 10,000 full-time jobs in 2021. Shifts in online ad …

Self Storage Real Estate Sector Recovers Well in 2020

Self storage real estate displayed good recovery in 2020, with sales volume and construction coming close to the numbers seen in 2019.

4 Features that Commercial Office Managers Are Looking For in 2021

Features such as health safety and sustainability will be among the most important features for commercial office managers in the coming year.

U.S. Energy Consumption 2020 Update: 22 States Witness 2-Digit Drops in Industrial Power Usage

The pandemic has been the ultimate black swan event of the past decade. Not only did it require changes in the way individuals and groups interact, but also in how businesses are run, as well as how and what we spend our money on. It’s also made us more aware of what resources power our …

How the Pandemic Transformed Working: States & MSAs with Most Telecommuters

Using data from the U.S. Census Bureau, we analyzed which areas and demographics had the highest percentages of workers telecommute in the last year, finding that more than one-third of the total population of the U.S. worked from home at some point during the pandemic.

Online Marketing Experts Advise Companies on Going Digital

For some business owners, it might be difficult to try to establish their businesses online for the first time or even enhance their reach — especially during the pandemic, when technology has overtaken the way we communicate. So, what are the first steps to do so? And, how can you enhance your business’ reach if …

Generational Survey: Working from Home is Benefitting Millennials & Gen X, but Hasn’t Been Great for Gen Z

Key takeaways: Half of all employed respondents are still working from home. The pandemic has more negatively affected Gen Z than the other generations. Watching TV/Netflix is one method to de-stress that all generations can agree on. Three-quarters of respondents are getting enough sleep and feeling rested frequently. Overall, a flexible schedule is more important …

Expert Insights: Scott Acton Discusses Innovation, Las Vegas’ Competitive CRE Market

Scott Acton, CEO of Las Vegas-based Forte Specialty Contractors, shared with us his insights on what makes the Las Vegas commercial real estate market unique, but also how in today’s medium innovation is an essential trait for any broker.

State Unemployment Rates: How They’ve Bounced Back So Far

Key takeaways: South Dakota’s unemployment rate is lower now than it was prior to the pandemic. In 33 states — many of them Midwestern and Plains states — the unemployment rate is currently below the national average. After reaching 30% unemployment in April, Nevada has recovered two-thirds of its lost jobs. After one of the …

Emergency Rental Assistance Software for Transparent & Efficient Rental Aid

“An easy-to-use and quick-to-implement platform that will make the distribution of emergency rental assistance straightforward and equitable” Chris Voss

Expert Roundup: The Future of Office Spaces

It’s no secret that the COVID-19 outbreak took the entire world by storm. New regulations and restrictions on everyday life have taken their toll on people and businesses alike. In fact, the pandemic has completely changed the way we travel, communicate, meet, shop and experience life in general. But, how has it influenced the future …

Looking Ahead: Commercial Real Estate Expert Outlook for 2021

The previous year was certainly difficult and out of the ordinary for everyone as the economy experienced unpredictable ups and downs, as well as unique challenges. So, looking toward the rest of this year and beyond, CommercialCafe asked commercial real estate brokers and industry experts to share their thoughts on long-term tenant behavior. Specifically, we asked them what tenants need in terms of office density; if …

Top 50 Office Sales of the Last 2 Decades

The years between 2000 and 2020 have proven to be quite eventful for the U.S. office market. The first decade started on the tail end of the dot-com bubble, which resulted in the boom and bust of an unprecedented real estate bubble. Then, the 2010s were marked by growth and consolidation, only to be capped …

Beyond Meat Signs 280,000-Square-Foot Lease for New El Segundo HQ

Beyond Meat — one of the most prominent plant-based food companies in the U.S. — has signed a 12-year lease with Hackman Capital Partners for 280,000 square feet of space at 888 N. Douglas St. in El Segundo, Calif. According to SEC filings, the lease is valued at more than $178 million, making it one …

2021 NY Investment Plan: New Manhattan Office District, Green Economy Expansion, Modern Infrastructure Statewide

Recently unveiled investment plans promise significant advancement toward long-term sustainable economic growth, which would make New York a global hub for green energy innovation, technology, and employment.

Cities Where Commercial Real Estate May Rebound in 2021

A commercial real estate (CRE) boom in 2021 may seem unlikely, given the pandemic’s impact on the economy. The subject, however, deserves attention as commercial real estate investors may find opportunities through resilience and innovation. With the start of 2021, we may be able to start thinking about the rebound process in the industry. Within …

Effective Strategies to Make the Most of the Space in Your Home

There is always that need to maximize the space in your home whether you live in a large or small house. You can achieve this through manipulating home accessories such as lighting, furniture and mirrors, among other things. Your office may similarly be a bit busy, especially if it’s an office space in Manhattan or …

Expert Roundup: The Psychological Effects of Working from Home

When 2020 began, no one could have imagined how it would turn out. Specifically, the pandemic forced many of us to face situations that we would normally not even think about, such as working from home and social distancing — not only among colleagues, but also in daily activities. So, to learn more about the …

Cushman & Wakefield Finalize Sale of Austin Office Property

Despite a particularly challenging year for the office sector, office markets in Texas continued to attract notable interest in 2020. Austin continues to be a particularly attractive Texas destination for tech enterprises.

C&W’s Ken Ashley on the Unique Strengths of the Atlanta Office Market

Ken Ashley shares his insights on what to look forward to for office space in Atlanta, as well as what particular strengths have played a key role in recovering from past downturns and are likely to boost the city’s potential even higher in the future.

Survey: 92% of People Learned New Skills During Quarantine

Key takeaways: 57% of respondents learned new skills for their own personal fulfillment, while 30% are looking for a career change. Cooking and baking, arts and crafts, and personal fitness were the top three skills to learn. Learning online and through apps far and away outpace learning through books or other means. The pandemic has …

Renovations Ranked: U.S. Cities with Most Office Building Renovations in Last 2 Decades

Our study found that at a national level, renovations have been trending downwards since a few years ago, while cities on the East Coast are seeing more renovated buildings relative to their total inventory.

Morning Consult Inks 49KSF Lease at D.C. Office

Data intelligence company Morning Consult signed a 12-year lease in the historic Woodies Building — a 10-story, mixed-use, retail and office space for rent in Washington, D.C. Owned by Douglas Development and located at 1025 F St. NW, the property encompasses 405,150 square feet of office space and 92,850 square feet of retail. The new …

CommercialEdge Announces Partnership with TenantBase to Connect Brokers & Tenants

CommercialSearch and TenantBase announced a partnership that will allow brokers access to an active feed of tenant requirements and offer agents the opportunity to submit their listings as suggestions.

E-Commerce Riding High Ahead of Holiday Shopping Season, Brick & Mortar Retail Shows Q3 Comeback

Sales estimates show that e-commerce stayed close to the record numbers recorded in Q2 2020, while in-store retail recovered after a difficult quarter.

Expert Advice on Career Development During the Pandemic

It’s no secret that the COVID-19 pandemic has affected almost every industry, with some companies closing down and many jobs lost during these difficult times. So, which companies are recruiting? What effect did COVID-19 have on individuals’ career development? How can recent graduates enter the workforce? How can you boost your skills and résumé from …

Expert Insights: James Hawkins on How CRE Has Changed, and How It’s Stayed the Same

James Hawkins spoke to us in detail about what the long-term impacts of COVID will be in the commercial real estate sector, as well as how he sees the industry as a blend of tradition and innovation.

Innovation in the USA: Mapping 4 Decades of Patent Activity

A look back at national patenting activity across the past 44 years: the economic importance of U.S. innovation, the essential relationship between the corporate patenting model and small business invention, which U.S. corporations have dominated the race for intellectual property, as well as mapping the distribution of patents and patent applicability across industries and the country.

Supertall Superstars: 8 Famous Office Buildings That Appeared in Movies

Some office buildings become cultural icons to the point where they are featured in movies as symbols of the cities they are from. We compiled a list of some of the most notable appearances by office buildings in movies.

CRE Rebound Update: 40% of Tenants Ready to Lease, Online Interest Strong

Key Findings: Google trends point toward rising interest in commercial real estate (CRE); CommercialCafe also recorded traffic growth between May and September According to a CommercialCafe survey, only 12% of tenants browsing for office spaces are looking to downsize; 40% of respondents are ready to sign a lease Location and rent price — pre-pandemic favorites …

Expert Insights: Leslie Fajfar on the Market for Luxury Amenities in New York City Office Space Before & After COVID-19

Leslie Fajfar shares her insights on some of the most popular luxury amenities with developers, owners, and managers of office space in New York City, as well as amenity trends shaping up for 2021 and beyond.

Lights Out! U.S. States Where Energy Consumption Rose or Fell During Lockdown

COVID-19 has put a damper on the hubbub of our interconnected societies, forcing us into an economic cooldown. As a result, the effects have spilled over into the job market, our daily routines and our pockets, as well as our power consumption patterns. Using Energy Information Administration (EIA) state-level and sector-specific data on energy sales, …

Tenant’s Guide to Renting Office Space in Austin

Whether you’re a startup looking for your first office space, or an established business fishing for a better deal, renting an office space in a vibrant city like Austin takes time, an experienced broker on your side and – as with all things in life – a bit of luck. CommercialCafe is part of Yardi’s …

Commercial Office Leasing: Where We Are & Where We’re Going

Post-pandemic commercial real estate leasing is coming back, albeit slowly. There’s still a lot of uncertainty in the near-term, but there are also reasons to be optimistic. Bisnow and CommercialEdge came together to host a webinar looking at the state of the commercial office leasing industry. They brought with them some industry-leading experts from the …

U.S. Cities & States Incentivizing Remote Workers

A multitude of companies were forced to move their operations online because of the COVID-19 pandemic. Some cities and states in the U.S. are providing incentives and programs to help out experienced digital nomads and prospective remote workers alike.

Survey: 58% of People Making a Change Want a Larger Home with an Office

Key takeaways: Nearly half of remote workers are working in their kitchens, living rooms or randomly around their houses; only 36% have a dedicated space for work Even after working from home for six months, 31% still don’t have a proper desk or chair Of those planning to modify their workspace, nearly 58% are considering …

Expert Insights: Paul Marko Discusses State of South Florida CRE

Paul Marko underlined the strengths of the South Florida market in comparison to other primary commercial real estate markets, as well as analyzing the state of asset classes in CRE and looking at what the future of the industry might look like.

One Vanderbilt Is Open for Business

A developer’s dream 20 years in the making, SL Green and KPF’s One Vanderbilt is, at last, officially open for business. The newest skyscraper in town incorporates 1.7 million square feet of class A Manhattan office space and is nearly 70% leased.

Expert Insights: Ora Reynolds Analyzes CRE Asset Classes, Kansas City CRE Market & Online Marketing

Innovative technologies like virtual reality, online marketing and the availability of big data were already transforming commercial real estate (CRE) before the pandemic. Social distancing measures alongside widespread adoption of remote work accelerated many of these trends. To get a better idea of what the many trends influencing CRE will mean for the industry, we …

The Most Popular U.S. Office Buildings, According to Wikipedia

Beyond serving the simple purpose of providing companies with office space, some office buildings also become world-famous cultural icons due to their unique design or remarkable history. From the enthusiasm of the first skyscrapers in the 1920s to the innovative futurism of today, famous office buildings have always represented an apex of modern architecture. But, …

Top 10 US Cities Best Prepared for Telecommuters

For many years, working from home was a lifestyle choice; now, it’s a necessity. Social distancing and stay-at-home orders forced more and more companies to scale up their telecommuting efforts, or even to allow their employees to fully switch to remote work for the first time. 43% of the US workforce already had a taste …

Transwestern Brokers 92K SF Florida Industrial Lease Renewal

Real estate services company Transwestern announced it brokered a lease renewal for 92,579 square feet of industrial space in Westpointe Business Park, an industrial facility in Doral, Fla., which is a suburb of Miami. The space will continue to be occupied by Colour Republic, a horticulture company operating in the U.S. since 2004 that specializes …

Expert Insights: Sean Boyle on the Place of Virtual Tours in CRE

Sean Boyle talked to us about the growth experienced by virtual tours in the realm of commercial real estate (CRE), as well as some particularities of the Philadelphia real estate market.

FTI Consulting Signs 120KSF Lease at Midtown Office

FTI Consulting — a NYSE-listed financial advisory company — inked a 15-year lease for a 120,000-square-foot space at 1166 Avenue of the Americas, a Class A office space in Midtown Manhattan. The deal allows FTI to consolidate multiple offices into the former International Paper Building — just a few blocks west of Grand Central Terminal …

Ranked: Best US Cities for Public Parks & Walkability

In addition to more city dwellers seeking live-work-play environments in which it is convenient to live without a car, walking became the safest social distancing transport option when running errands or commuting to and from work, during the onset of the 2020 pandemic. But there is more to walkability than functional purpose – greenspace of generous proportions distributed equally across our urban environments has significant positive effects on our quality of life. Check out the best US cities for public parks and walkability.

The Bulfinch Companies on Boston Office Market, CRE Success in 2020

How might the pandemic change amenity offerings in commercial real estate going forward? How has the company successfully delivered new office space to the Boston office market and managed a vast portfolio during the constantly changing economic environment of 2020?

JPMorgan Secures $434 Million Refi for Industrial Portfolio

El-Ad Group — part of the Tshuva family of companies, which is one of the largest in Israel —recently secured $434 million in refinancing with JPMorgan Chase for a massive, 6.1-million-square-foot portfolio. The loan consists of senior notes to the tune of $231 million, a $172-million subordinate note, a $3-million mezzanine loan and $2 million …

Expert Insights: Chris Thornberg on the Macro Trends the Pandemic is Accelerating

Large forces shape our world, but they’re perpetuated by lots of small instances happening quickly. No time in recent history has this been more apparent than 2020, and commercial real estate (CRE) is just as caught up in the whirlwind as every other industry. Chris Thornberg is a founding partner at Beacon Economics and also …

How L.A. Keeps Coming Back: An 80-Year Overview of Real Estate Development

“Urban resilience is the capacity of individuals, communities, institutions, businesses and systems within a city to survive, adapt and grow, no matter what kinds of chronic stresses and acute shocks they experience.” Rockefeller Foundation, 100 Resilient Cities In the spring of 2018, Los Angeles released its Resilience Strategy, which outlined the administration’s vision for the …

Expert Insights: Darius Green on Strengths & Weaknesses of CRE Asset Classes, Phoenix’ Business Climate

In this entry of our Expert Insights series, we spoke to Darius Green, who told us his views of the challenges that different CRE asset classes are facing and how the Phoenix commercial real estate market differentiates itself through business climate and digital infrastructure.

Facebook Inks 730KSF Lease at Vornado-Owned Manhattan Office Space

Facebook’s decision to sign a 730,000-square-foot lease at Vornado’s Farley Building gave a long-awaited vote of confidence in the post-pandemic future of New York City’s commercial real estate. While it already boasts a nearly 3-million-square-foot presence in Manhattan — including 1.5 million square feet of office space at Hudson Yards and another 700,000 square feet at …

Expert Insights: Steven Schwarz on the Art of Data Analysis & the Strengths of Arizona CRE

Steven Schwarz, founding partner of real estate investment form ViaWest told us as a part of our Expert Insights series about his experience in the field, how the Arizona commercial real estate (CRE) market is uniquely poised for economic recovery and how data analysis in CRE turned from being a sidenote into an art form.

Which Markets Have the Most Suburban Office Space?

In the last decade, suburban office spaces have been gaining in popularity due to a variety of factors, including lower overall costs, easier commuting for employees and the availability of developable land. The COVID-19 pandemic has also contributed to this trend as some companies may be looking for lower-density offices in suburban areas until it’s …

AIG Moves Global HQ to Time-Life Building in Midtown Manhattan

AIG global headquarters moves from its Lower Manhattan home of 30 years to recently renovated Midtown Manhattan office space on 6th Avenue. Remaining workforce will be consolidated at 28 Liberty St., in Downtown Manhattan, and at 30 Hudson in Jersey City.

Avoiding Common Pitfalls of Office Interior Design

By: Lillian Connors, SmoothDecorator Interior design requires a significant amount of creativity, thought, time and effort to produce the desired result. Likewise, your office interior design will greatly depend on the type of business you’re in. For instance, if you’re in advertising or a creative industry, your workspace can have a more informal design. But, …

OUE Sells Iconic Los Angeles Office Tower

US Bank Tower, formerly the tallest building in town, sells for $430 million to a Silverstein affiliate. Encompassing 1.4 million square feet of LEED Gold Los Angeles office space, the deal comes out to just over $300 per square foot.

Expert Insights: Stephen Critchfield on CRE’s Unique Situation & Leases During Covid

While the commercial real estate market may follow general trends at a national level, every regional and local market features unique conditions. To get an idea of how smaller markets differentiate themselves from larger ones, as well as the effect of the current pandemic on office leases, we interviewed Stephen Critchfield of Commercial One Brokers. …

8 Ways to Improve Employee Communication While Working From Home

Ensuring your employees can communicate easily is vital for any business, but working from home can make this challenging. Whether it’s differences in time zones, poor internet connections or a lack of experience with online platforms, a variety of challenges can occur. Fortunately, there are a few simple ways to overcome them: 1. Practice New …

18 Fascinating Panoramic Shots, Live Webcams & Virtual Tours from Around the World

Most likely, your travel plans for this year have gone out the window. With travel restrictions in place and the hospitality industry only partially reopened, it looks like we won’t be able to disconnect from work anywhere but close to home this year. But, there might still be something you can do to keep your …

Expert Insights: Dr. Luis Torres on a New Texas Economic Indicator & the Future of CRE

For our latest expert interview, we discussed the Texas economy and commercial real estate market with Dr. Luis Torres, associate research economist at the Real Estate Center at Texas A&M University (TAMU). Dr. Torres received his PhD from the University of Colorado at Boulder, where he specialized in international economics and econometrics. Previously, he worked …

Expert Insights: Anthony W. Orlando Talks Strategic CRE Investment & the Value of Community Input in Development Innovation

Anthony W Orlando — author, real estate researcher, public policy and environmental policy expert, and associate professor at CalPoly Pomona — shares his insights on equitable and sustainable innovation in California commercial real estate.

Buildings After COVID-19: USGBC on New Pilot Credits, Meeting Improved Health Standards in Existing Buildings & More

“Health has been a part of LEED and a big part of the green building conversation, in general, especially in the last few years. Part of the discussion now, though, involves looking at what already exists and reinforcing those solutions, while also taking what we’re learning about the virus and finding new pathways to support the market.”

Commercial Property Management Software Spurs Progress

Although leasing agents, brokers, asset managers and others occupy different roles in the commercial real estate business cycle, all contribute to the goal of capturing and executing new business that maximizes revenue. Doing that successfully, and thus enhancing asset performance and value, requires managing everything from marketing campaigns to leasing and building maintenance as efficiently …

Oliver Tyrone Pulver Announces New Philadelphia Luxury Office Tower Marketed by JLL

The Oliver Tyrone Pulver Corp. just announced plans to develop a new luxury office tower in Philadelphia, adjacent to City Hall. JLL is marketing the property at 1301 Market St. and is already accepting commercial tenancy applications.

Expert Insights: Lance Shoemaker on California CRE, COVID Impact & More

Business and RE law instructor with West Valley College, Lance Shoemaker, imparts his take on the potential of California commercial real estate to adapt to changes brought on by COVID, and more.

How to Make the Most of Breaks When Working from Home

Power naps, proper food, short exercise sessions, and taking time off screens are essential ways in which to maximize wellbeing and personal balance between work and life quality. Check out this quick guide for details.

Expert Insights: Francisco Acoba Discusses CRE Recovery Paths, Process Automation & More

Commercial real estate, and offices specifically, will likely undergo major shifts as a result of COVID-19— at least in the short-term —  to ensure that employees can return to work safely. We had the pleasure of interviewing Francisco Acoba, managing director of Deloitte Consulting. He offered us in-depth insights regarding several subjects, including recovery from …

UPDATE: Office Tenants Feel Optimistic, CRE Searches Near Pre-Crisis Levels

Searches for commercial real estate (CRE) dropped in March due to concerns surrounding COVID-19 and its effects on the U.S. economy. However, in May, we released data highlighting a recovery in the popularity of CRE keywords on Google Trends, as well as a corresponding traffic evolution for CommercialCafe listings. Now, one month later, we decided …

Expert Insights: Edward Chazen on Boston CRE and the Challenges of Retail

Check out our interview with Boston College Senior Lecturer Edward Chazen, in which he shares his insights on the future of the Boston commercial real estate industry, as well as possible futures for several types of investment real estate, and more!

Expert Insights: Dr. Norm Miller on CRE Post-COVID, Opportunities & More

Our expert insight series continues with Norm Miller, PhD, the Hahn Chair of Real Estate Finance at the University of San Diego. He has helped develop real estate analytic products and tools to support financial institutions, banks and investors, including valuation models, mortgage risk products, and using machine learning for data analytics. Currently, he is …

HSS Hudson Yards Now Live; City of Hope Starts Cancer Campus in Irvine; CommunityMed Opens 7th North Texas Practice

City of Hope plans call for an acute care cancer hospital on the undeveloped acreage, which would be the first hospital in Orange County that is dedicated exclusively to the treatment of cancer, and is estimated to deliver in 2025.

5 Must-Try Recruitment Techniques for Real Estate

Recruiting real estate professionals can be a challenging task, especially because the playing field has become so much more competitive. So, brokerages looking for the best agents, property managers and other team members have to offer something beyond a competitive salary — quality over quantity that you can provide to your new recruits. That being …

Expert Insights: Terry Coyne on Ohio CRE, Reshoring & More

For this edition of our Expert Insights series, we had the pleasure of chatting with Terry Coyne, vice chairman of Newmark Knight Frank’s Cleveland-based team. Terry has served the Greater Cleveland area as a commercial real estate broker since 1995. Drawing on his experience, he shared with us how he assesses the CRE market considering …

3 Tips for Working from Home with Your Significant Other

Working from home with you significant other – whether or not you both work, or if your professions make for different workspace needs – these three tips ensure that you are at least off to a good start in thriving together.

Amazon Takes Over Jet.com’s Former Bronx Warehouse

Despite COVID-19 concerns, the industrial real estate sector continues to see high demand, as consumers increasingly look toward e-commerce as a safe alternative to shopping in physical stores. Just this week, Amazon signed a lease for 200,000 square feet of industrial space in the Bronx, taking over a warehouse previously occupied by its former rival …

Wright Runstad Breaks Ground on Final Piece of Rainier Square

The developer expressed confidence in the market’s resilience beyond the temporary COVID-19 situation. Company President, Greg Johnson, noted the block’s importance in stimulating this last phase of its development.

Office News Highlights: Chicago Office Tower Sells for $210M Cash, Morgan Stanley Signs $1.5M Lease Expansion in Columbus, and More

This week in office news: Spear Street Capital closes on 225 W Wacker Dr. in Chicago CBD; Morgan Stanley expands Columbus office lease to occupy 100% of Easton Commons; Dallas investment firm moves to larger office space in response to COVID-19 guidelines.

Expert Insights: Robert “Skip” Weiler on Ohio CRE & the Future of Retail

As a part of our Expert Insights series, we invited several commercial real estate experts to talk about the current challenges and opportunities the real estate market is facing as a whole, as well as the characteristics of some local markets. Our series continues with the president of the Robert Weiler Company, Robert “Skip” Weiler, …

TikTok Signs Lease for 232K SF in Durst’s One Five One

Digital conglomerate Byte Dance — the parent company of video-sharing app TikTok — has signed a 10-year lease for 232,000 square feet of office space in One Five One, an office tower formerly known as Four Times Square. One Five One’s current owner is the Durst Organization, and the property is situated at 151 W. …

Expert Insights: Mike Bond Discusses CRE’s Latest Trends and Future Prospects

Mike Bond is a senior lecturer in finance at the Eller College of Management, having previously taught at Cleveland State University. He earned his PhD in Financial Economics in 1985. His current research focuses on real estate finance, investments, healthcare finance and insurance, and venture capital. We asked him to tap his wealth of experience …

Cushman & Wakefield’s “Safe Six”: 6 Key Factors for a Safe, Effective Return to the Workplace

As states lift stay-at-home restrictions and allow certain businesses to reopen, organizations across the nation are thinking about bringing their employees back into the workplace. However, before this can happen, several challenges need to be addressed. As Cushman & Wakefield puts it, “How can real estate owners most effectively prepare their assets for the return …

Survey: 6 in 10 Americans Don’t Want to Work from Home All the Time

Key Takeaways: 73% of Americans are content working from home, but 59% wouldn’t do it full-time if given the choice Missing coworkers, distractions and lack of separation from work among top challenges of working from home Not having a commute is the biggest benefit of working from home More sanitizing, more personal space and better …

Uber & Golden State Warriors Secure $600M CMBS Refi from J.P. Morgan for Mission Bay Towers

J.P. Morgan Chase has originated nearly $600 million in commercial mortgage-backed securities (CMBS) to the new Chase Center Towers in San Francisco’s Mission Bay neighborhood. The refinancing effort was led by the NBA’s Golden State Warriors and Uber, according to Fitch Ratings, which analyzed the transaction. Located at 1655 and 1725 Third St., the towers …

Atlanta, Dallas, Denver on Shortlist of Upcoming Facebook Hubs

As part of a multi-phase rolling out of remote hiring, Zuckerberg named the three hubs where Facebook plans to tap into fresh talent pools: Atlanta, Dallas, and Denver.

Virginia Sells Center for Innovative Technology Campus for $47.35M

The Virginia Department of General Services (DGS) recently sold the Center for Innovative Technology (CIT) campus to affiliates of Origami Capital Partners LLC and Timberline Real Estate Partners. The Herndon office space changed hands for $47.35 million in a transaction that closed last week. The property at 2214 Rock Hill Road includes a 149,000-square-foot, Class …

Update: COVID-19’s Impact on Commercial Real Estate

The economy has been devastated. We’re facing depression-level unemployment and all of us are wondering what our new normal will look like. While the stock market has recovered slightly it tells an uneven story of e-commerce, the expansion of tech and the devastation in retail, travel and experience businesses. Last week, Yardi Matrix updated us …

State of the Office Pipeline: Select Construction & Future Office Projects Move Forward

Evanston, home of Northwestern University, approved plans for an 18-story building at 605 Davis St. Vermillion Development, the project applicant, estimates that it could complete the tower — the city’s first office high-rise in nearly two decades — as early as 2022.

Hines Interest LP Buys 49.5% Stake in One Madison Ave

Real estate investment, development and management firm Hines Interest LP and the National Pension Service of Korea purchased a 49.5% stake in One Madison Ave., a $2.3 billion, adaptive reuse development in Midtown Manhattan. The stake was sold by SL Green Corp., the company overseeing One Madison Ave.’s redevelopment and Manhattan’s largest office landlord. The …

Notes on 1031 Exchanges from the NAHREP® South Queens Chapter

The South Queens, N.Y., chapter of the National Association of Hispanic Real Estate Professionals (NAHREP®) recently hosted an online presentation dedicated to untangling the complexities of a 1031 exchange. Here are our attendee notes.

Expert Insights: James Marian of the University of Arizona Analyzes CRE Trends

The next few months will be very important for how the commercial real estate market recovers. The worst of the COVID-19 outbreak seems to be behind us, and while investors and tenants are still cautious, there are signs of recovery. We had the pleasure of talking to James Marian, adjunct lecturer in Real Estate Development …

Expert Insights: Ken Silberling on CRE in the Time of COVID-19

For our latest interview in the Expert Insights series, we had the pleasure of chatting with Ken Silberling, Sr. Vice President Brokerage and Tenant Representation at Levy Realty Advisors, Inc. Mr. Silberling is a commercial real estate expert and dealmaker, specializing in tenant/buyer representation in the Tri-County South Florida market. He started his career in …

The Dos and Don’ts of Dogs in the Workplace

Employees of many companies are lucky enough to be allowed to bring their dogs to work. However, there are a few guidelines that dog owners should follow when bringing their pups to work. For instance, even if you have an enclosed office, always have a safe place for your dog to relax. In particular, dogs …

Expert Insights: Joshua Simon Talks CRE Tech, COVID-19 and the Arizona Market

Opinions vary on how COVID-19 might affect the real estate market. While the economic downturn caused by the pandemic is likely to be felt throughout the sector, commercial real estate (CRE) listings and sales volume don’t necessarily reflect this yet. We invited Joshua Simon to tell us how he thinks COVID-19 is transforming the commercial …

JLL Secures Financing for New DFW Business Park

With debt and equity secured by JLL, Perot Development Co. & Invesco Real Estate’s new 2.4MSF business park near DFW International Airport is on track for early 2021 leasing.

Office Tenants Feel Optimistic – CRE Searches Uptick in April and May

One way to gauge the effects of the lockdown on the real estate industry is by tracking online activity. According to Google Trends data, the popularity of key search terms for office listings has seen an important drop with the onset of the COVID-19 crisis. However, the last couple of weeks have brought encouraging signs …

Expert Insights: Fernando Arencibia Jr on the Challenges and Future of CRE in 2020

For our latest interview in the Expert Insights series, we had the pleasure of speaking with Fernando Arencibia Jr, P.A., Broker-CEO at Arenci Properties Realty, a full-service real estate brokerage specializing in Commercial and Residential real estate in South Florida. Although he didn’t start his career as a realtor, Mr. Arencibia feels that this profession …

Parallel Capital Partners Inks Downtown Honolulu Office Lease

One year after taking up property management of Davies Pacific Center, Parallel Capital Partners have nearly completed renovations and are signing new leases at the Downtown high-rise.

Expert Roundup: How to Create the Best Home Office: Tips & Insights

As more companies send their employees to work from home, more workers are trying to set up the perfect home office. In doing so, they may be wondering, what should it look like? How big should it be? Does lighting matter? To find out, we asked interior design experts for guidance on behalf of those …

5 Upcoming Online CRE Conferences & Webinars to Attend

In the midst a pandemic that is altering the way we live, everyone is trying to adapt their lifestyle and business to the new norm. But what will happen when the worst is over? How will a two-month lockdown affect the economy, the way we live and the way we do business? Can we predict …

JUUL Plans to Set Up Base in DC After Silicon Valley Exit

Last year, e-cigarette giant JUUL signed a lease for 20,000 square feet of space at 1000 F Street NW, a LEED Silver-certified office space in Washington, D.C. This week, the company announced it would expand its presence in the nation’s capital, in an effort to relocate its headquarters from San Francisco and better position itself …

Former American Airlines HQ Gets New Owner

Transwestern wrapped up the sale of American Airlines’ former HQ to Austin-based investor, stays on as leasing and property manager of rare large block of Fort Worth office space.

MLL Capital on its Way to $500M Medical Office Portfolio

MLL Capital has started building a $500 million portfolio of institutional assets in the medical office, laboratory and life sciences sector. The investment firm recently purchased the Ravenswood Professional Building — a medical office building in the Ravenswood neighborhood on the north side of Chicago — for $13.85 million. The Boston-based commercial real estate investment firm plans to rebrand the building as the Ravenswood Medical Center. Current tenants of the 63,000-square-foot property include Advocate …

Online Meeting Etiquette Guide for Both Video and Audio-Only Meetings

Proper online meeting etiquette is not just about being respectful, it also helps with keeping meetings efficient and productive. Here’s what we’ve learned about adapting in-person manners to the online medium since working remotely and connecting online.

How to Achieve Work-Life Balance When Working from Home

Working from home has some major perks. You can carry out your daily assignments from your favorite sofa, wear your comfiest clothes (hello, sweatpants) and save a ton of time that you would otherwise spend commuting. In general, working from home offers more flexibility and a much more relaxing, stress-free environment. It’s common to have …

Yardi Matrix April National Office Report: So Far, It’s a Waiting Game

COVID-19 has drastically reshaped life and the economy, but the pandemic’s full effects on the U.S. office market have yet to come to light in the data. The latest Yardi Matrix office report shows that national full-service equivalent listing rates held steady through March. Moreover, in terms of sales, Q1 2020 was on par with …

E-Commerce Survey Findings: 7 in 10 Respondents Consider Buying Groceries Online

The degree to which we rely on information technology and habitual use of the internet has intensified during the coronavirus  pandemic. Specifically, one of the sectors that saw a spike in interest as a result of the pandemic is e-commerce, which was already more popular than ever thanks to innovations in supply line logistics and internet availability. Consumers …

Working from Home with Pets: the Good, the Bad & the Facts

For those fortunate enough to be able to work from home during the current lockdown, posts of pets as their owners’ “coworkers” have become part of the daily social media diet. And, while the last few weeks have been an unprecedented experiment in working from home, they’ve also been a test of the pros and …

Managing an Office Move: 5 Classic Mistakes

Whether you are moving the office a couple of blocks down or to a new city, an office move is a big undertaking. It might seem that there are endless tasks wedged between prepping for the move and setting up the new office—which means that mishaps and mistakes can happen. While are unavoidable, steer clear …

GI Partners, CalPERS Buy Bay Area Biotech Office for $81M

Private investment firm GI Partners and the California Public Employees Retirement System have acquired the offices of a biotech company in Redwood City, Calif. The joint venture added 81,500 square feet of office space to the companies’ portfolio, for an average price of just under $1,000 per square foot. The Shoreline Science Center, situated at …

ABS Partners Signs 29,400 Square Feet Across Six New Leases in Midtown

New York City-based real estate firm ABS Partners Real Estate recently announced six new leases signed in Midtown South. The area — which features boutique, well-maintained buildings with full-floor and pre-built suites — has been in demand for years, and ABS Partners isn’t seeing any signs of slowing down. The specialized duo of Ronald Zimmerman and Ian Weiss of ABS Partners Real Estate has micro-market expertise in Midtown South office space and recently closed the following …

SL Green Starts Q2 Strong with 107KSF Office Leases

Two of the Manhattan office leases are at One Vanderbilt, bringing occupancy at the new supertall skyscraper up to 67%. CBRE represented SL Green in these deals.

Kaufman Astoria Studios Set to Open New Office & Production Space in Queens

The ongoing COVID-19 outbreak has halted the progress of several commercial real estate projects in New York City. One of them is the latest addition to Kaufman Astoria’s campus ― the Queens Astoria Studios Office — located at 34 36th Street. Work on the 97,000-square-foot Queens office space began in February 2017 and was scheduled …

FirmVO Takes Manhattan, Signs Full-Floor Office Lease in TriBeCa

FirmVO operates virtual and short-term rental law offices in seven major legal hubs across the country. The company’s new Broadway location is within walking distance of pretty much all New York courts.

Landmark Dividend Buys PayPal’s Phoenix Data Center in $122M Deal

The data campus includes three data center buildings and an office area, which were constructed between 2010 and 2014, with roof capacity loads of up to 1.4 million pounds.

Expert Insights: Brenna Wadleigh of N3RE on CRE During COVID-19

Brenna Wadleigh: “The bright side is that we’re not overbuilt, lenders and borrowers are in much better shape than before the Great Recession, and the entrepreneurship that emerged out of the previous recession really positioned us well for recovery from COVID-19.”

Expert Roundup: Mental Health Support, Isolation Coping Tips, Working from Home

One of the consequences of this shift is that many of us are experiencing anxiety and stress that we do not quite know how to manage. So we reached out to experts for advice on mental health support regarding several key issues.

How to Create a Functional Home Office

The current situation has forced many of us into home isolation. If you’re among the lucky ones who got to keep their jobs during the COVID-19 crisis, you’ve likely found yourself in a brand new position: required to keep working, but this time from home. While this might come as a challenge to many, it’s …

Equus-Owned Falls Church Office Fetches $52 Million in Sale Arranged by NKF

Last week, Philadelphia-based Equus Capital Partners finalized the sale of its 274,690-square foot Falls Church office space. The six-story building at 8111 Gatehouse Road went for $52 million ― or $189 per square foot ― in a deal arranged by Newmark Knight Frank’s James Cassidy and Jud Ryan before the current lockdown. The buyer is …

How to Communicate with Colleagues Remotely

In light of recent events, many companies and organizations have adjusted their traditional working methods and switched to working remotely in the hopes of slowing the rapid spread of COVID-19. And, because most businesses are doing this for the first time, they might find it challenging to maintain communication between team members working from unique …

5 Tools to Help You Work from Home Effectively

Set yourself up for success. One of the best ways to improve your productivity and performance is to arm yourself with the right tools. Here are 5 tried and tested hacks to help you work from home effectively.

COVID-19’s Impact on Commercial Real Estate

The economy was on a roll in February. Even as the severity of the pandemic was taking shape in China, the U.S. remained on the upswing. But, since then, the economy, markets, jobs and businesses have been dwindling. Last week, Yardi Matrix hosted a webinar on how COVID-19 is affecting commercial real estate. Below are highlights from the webinar. The Economy: Expectations & Responses Social distancing measures …

Skanska Lands $32M Contract for Regeneron Sleepy Hollow Office Build-Out

Construction on the project began in March of this year and completion is estimated for July 2021. The $32 million contract is for the interior fit-out of an approximately 200,000-square-foot space, and includes upgrades to the existing building.

5 Tips for Effective Communication for CRE Brokers During Social Distancing

In these unpredictable times, it’s more important than ever to act responsibly for the greater good by maintaining social distance and sheltering in place. As a CRE broker, you’ve likely already experienced the effect of the global pandemic on your business, as well as in your personal life. But, fortunately, amidst the chaos and uncertainty, …

Social Distancing? 34 Real Estate Podcasts & Webinars to Stay Up-to-Date

As the world closes its doors, you can still stay connected with the latest industry news and views. In fact, there are plenty of real estate podcasts and webinars to help you keep your finger on the pulse of the industry. Additionally, we’ve also included a handful of resources that, although they’re not broadcasting anymore, still …

Managing Your Newly Remote Team While Social Distancing

With the COVID-19 outbreak affecting businesses worldwide, managers find themselves unexpectedly having to lead their teams remotely, many for the first time. To make this transition as smooth as possible, try the tips below to keep everyone connected and productive. Focus on Goals and Be Flexible First, recognize the fact that your employees might not …

The Evolution of Work-from-Home

Working from home (WFH) isn’t some unique idea that just recently appeared. Telecommuting has been around since we’ve been able to communicate and conduct business at a distance. But, its recent explosion in popularity — whether that be out of necessity or ability — is striking. In fact, we’re currently in the largest work-from-home experiment in history. In recent months, trends in Google searches for terms like “work from home” have spiked in popularity to the highest …

Expert Insights: John Gilchrist Discusses CRE Symptoms of the COVID-19 Outbreak

For our latest interview in the Expert Insights series, we had the pleasure of talking to John Gilchrist, Founder of ATALYST. Mr. Gilchrist has over 25 years of experience in banking, real estate, and accounting and has worked for public and private multinational firms and has experienced success as an entrepreneur. He began his career …

Event Cancelled? 6 Top Online Courses for Real Estate Beginners & Pros

The COVID-19 pandemic has unleashed unprecedented change all over the world. Specifically within the real estate industry, it’s being felt on many different levels, including cancellations of events to curb the spread of the disease. However, in the meantime, there are plenty of online courses for real estate professionals to upskill and use their time …

27 Game-Changing Apps & Sites for Working from Home

Due to the COVID-19 epidemic, remote work is now in the limelight, and companies are scrambling to provide the necessary logistics to enable their employees to work from home. As a result, increasing numbers of people are leaving the office behind to work remotely full-time — at least for the time being. All Eyes on …

Durst Pens Two New Leases at Midtown Office Tower

The Durst Organization has inked two new leases at its 1155 Avenue of the Americas property in Midtown Manhattan. The asking rent for the leased floors in the 790,000-square-foot office tower was $95 and $110 per square foot, according to the owner. Blockchain company R3 signed a 10-year contract for roughly 17,300 square feet of …

Motivating Millennials at Work: A Research-Based Guide

By: SnackNation Motivating employees has always been a challenge for employers. It’s very rare to find an entire workforce of employees who will engage and give their best, day after day, purely for job satisfaction and even rarer now than it might have been 20 years ago. The Pew Research Centre defines a millennial as …

Rubenstein Announces Capital Improvements, Leases at Makefield Crossing

Rubenstein plans to make interior renovations and exterior plaza improvements as a first stage of a larger plan to reposition what the company considers to be the preeminent Class A office park in Bucks County, Pa. The overhaul applies to both the North and South Makefield Crossing campuses.

Kaufman & AXA Pay $48.5 Million for Flatiron District Landmark

A Flatiron district landmark building changed hands on Tuesday for $48.5 million, or $725 per square foot. A joint venture consisting of AXA Investment Managers and the Kaufman Organization became the owners of the 67,000-square-foot, mixed-use property at 56 West 22nd Street after acquiring it from an entity linked to the Blum family. Bob Knakal, …

Your Go-To Sources for CRE News & Analysis

The online publishing world is a vast and sometimes intimidating ecosystem of sources. But, even given the overwhelming numbers of results that the internet can produce, some online news outlets still manage to rise above the fray. Whether you’re a broker, investor, economist or just an avid reader with a passion for all things real …

Top Green Building Certifications To Boost Your Property’s Marketability

Sustainability is a key concern in today’s real estate market, with many different smart materials and options available. So, if you want to prove your eco-credentials, then you need to qualify for one of these green building certifications. As a result, such certifications could boost your property’s marketability. LEED LEED (Leadership in Energy and Environmental …

Everything You Need to Know About Virtual Offices

Virtual offices are the perfect solution to many business struggles. Compared to a traditional lease, they’re highly cost-effective, which could boost your customer service and provide you with access to a range of administrative support, as well as a professional business address. In this guide, we’ll explain what a virtual office is, potential benefits, common …

Gorjian Wraps Up NoMad Office Building Renovation

Gorjian Real Estate Group announced the update of the 123,000-square-foot Art Deco building at 192 Lexington Avenue. Built in 1926, the Midtown Manhattan office space―which provides access to several subway lines, commuter railways and bus lines on Third Avenue and East 34th Street―previously underwent a cosmetic renovation in 2007. Gorjian began its rehabilitation efforts after …

What If All US Metros Followed the NY PAUSE Strategy?

The C.D.C. strongly advises reducing population density, in order to slow the spread of COVID-19 and allow our healthcare system the time to take this issue on successfully. We ran a hypothetical simulation to gauge what the NY PAUSE strategy would mean to workforce distribution across other U.S. MSAs.

Georgetown to Add 1MSF to Hudson Yards Office Space

Georgetown plans to deliver what NYC is missing: large floor plates with a view. The company plans a 1MSF office tower on its waterfront lot near Hudson Yards.

Why Coworking Options Are A Brilliant Employee Perk

Coworking is a great option for many people. But the flexible working opportunities these spaces offer also bring a range of benefits to enterprises. So, should you offer coworking as an employee perk? Benefits are an important component of your employment package. Research reveals 78% of workers would likely remain with their employer because of …

The Impact of Coworking on Local Communities

Coworking spaces are well known for building strong communities inside their walls. However, these flexible workspaces can also impact their wider community. The local economy often benefits from a coworking space. Without them, many suburbs and mid-sized urban areas would shrink as workers move closer to their offices or are forced to make a lengthy …

10 Essential Tips to Stay Productive while Working from Home

As the new coronavirus situation unfolds across the U.S., schools are closing, events are being canceled and many companies are sending their employees to work from home. For those who aren’t used to it, this can be a real challenge initially, so here are ten tips to help you stay focused and productive during this …

9 Signs You Need a Virtual Office Space

A virtual office space gives your business access to a wide range of services via the internet. It can serve many different purposes, depending on your business.  Typical virtual office space services include a business address, receptionist and answering service, access to meeting rooms, a coworking space, and a range of mail services. But do you …

Top Cities for Internet Connectivity & Speed

The recent quarantines and travel bans have driven companies to new lengths in order to stay open and operational. Now, possibly more than ever before, we are in the middle of the largest work-from-home (WFH) experiment in history. Meanwhile, those who have already been working from home understand the importance of internet connectivity and speed. …

Expert Insights: Rodney Schwalbach on Commercial Tenant Representation in Austin

With more and more brokerage firms posting their property listings on their websites and on listings websites, the general public has a way to gather competitive data but they do not get the whole picture. It is still necessary to have a broker on their side to explain the process and to compare and contrast the available property information.

Inland Empire Leads as Industrial Development Accelerates 29% Over Last Year

Following the great financial crisis of 2008, the U.S. has been experiencing one of the longest economic expansions in history. Production and consumption continue to climb higher and, as a result, industrial property construction continues to increase, as well. In particular, industrial property construction added 144 million square feet across 441 properties last year, with …

Make Your Commercial Real Estate Listing Stand Out

No one knows the properties and spaces that you’re listing better than you do. But, these days, attention is coming at a premium—and it’s no different in commercial real estate. So, making sure that your listings stand out from the swath of available spaces is key. You know the basics—the best features, amenities, photos and …

Running Late? 14 Top Transport Apps & Services to Get You to Work on Time

Here are 14 top transport apps and services, both ridesharing and commute-based, that will help you get to work on time.

Spotify Chooses Wynwood for South Florida HQ

Office tenants are migrating to Wynwood because the district is such a vibrant area in the urban core of Miami and is recognized globally as a premier destination for art, innovation, and creative enterprise.

Is It Better To Buy Or Lease Office Space?

To avoid getting stuck in a bad lease, visit with some of the other tenants in the building to see what they have to say about the responsiveness of the office building owner.

Expert Insights: Professor Dennis Frenchman Talks Health-Centered Communities

For our latest Expert Insights series, we had the pleasure of chatting with Professor Dennis Frenchman, Class of 1922 Professor of Urban Design and Planning at MIT, where he is the former Director of City Design and Development and chair of the Masters in City Planning program. He is now serving as director of MIT’s Center for …

Commercial Real Estate Wholesale How-To’s

The wholesaler has found a property with an unbelievably good price, and even when the updating costs and wholesale fee are added in, the buyer accepting the assigned contract still has a property that’s well below market value.

Top U.S. Cities for Women Working in STEM

Washington D.C. landed fourth, with a total score of 55.7 points. D.C. boasts an impressively diverse economy, in which 12% of jobs are in STEM occupations. 42% of these jobs are held by women – which placed D.C. and Durham together in first place for the degree of representation of women in STEM.

Best Office Workouts: Expert Roundup

Sitting at your desk for eight hours a day, Monday through Friday, can be both tiring and unhealthy. In fact, for most people, being in front of the computer all day with minimal movement can lead to sore legs, swollen ankles and/or back pain. To combat the sedentary nature of a desk job, you need …

What Are the Average Office Construction Costs in the U.S.?

Though this does not dictate a particular outcome of such arrangements, there are observable trends in tenant improvement allowances depending on vacancy in the market.

The Freelancer’s Guide to Choosing a Coworking Space

Coworking spaces and freelancers are a match made in heaven – or are they? When you think of a coworking space, you may assume that every single one is the same. That each space is tailored to the needs of the world’s freelancers, who are digital nomads flitting around the world with nothing but a …

10 Coworking Spaces that Nailed Work and Play

Previously, game developers had few options when developing their craft. They would either work locked away in their bedrooms or rent out ultra-expensive studio space in an up-and-coming part of town. But, thanks to the coworking office revolution, game developers have new choices for cooperative working environments. Here are 10 coworking spaces that offer facilities specifically …

4 Tactics To Rock Your Commercial Real Estate Email Marketing

Commercial real estate is all about selling and leasing property for commercial use. To get those potential clients to turn into loyal supporters of your business, though, you need to reach them and show them why they need to do business with you. In the past few years, various marketing channels have enabled commercial real …

Ariel Property Advisors Brokers $10.5 Million Brooklyn Office Deal

Commercial real estate services company Ariel Property Advisors recently announced it brokered the sale of 100 Livingston Street for $10.5 million. The 12,681-square-foot office building is located in downtown Brooklyn’s municipal district, just around the corner from Borough Hall. The Manhattan-based company listed the four-story property in September of last year for a price of …

Historic SoHo Broadway Building Undergoes Full Facelift

Real estate investment firm KPG Funds has undertaken the complete rehabilitation and repositioning of 446 Broadway in SoHo. The firm also unveiled a new technique for protecting pedestrians on urban sidewalks during periods of building construction. The redevelopment will feature pre-built, move-in-ready interiors designed by 11FIFTYNINE, as well as various new amenities including high-speed elevators, …

Dallas Galleria Office Towers Sell for $400 Million

Piedmont Office Realty Trust has completed the acquisition of Dallas’ distinctive Galleria office towers. The three buildings commanded $396 million, marking the largest Dallas-Fort Worth office sale of the year so far. CBRE Global Investors was the seller. The transaction also included associated parking garages, as well as a 1.9-acre parcel of land located at …

Hines Nabs Twin Santa Clara Offices in $195 Million Deal

Global investor and developer Hines Interests partnered with Los Angeles-based Oaktree Capital Management to acquire a two-building office portfolio in Santa Clara―totaling 445,157 square feet of space. Shorenstein received $195 million―more than $438 per square foot―for the two Class A properties at 3945 and 3965 Freedom Circle. The assets are located within the Bay Area’s …

What’s the Difference Between a Tenant Broker and a Listing Broker?

A broker is a broker, right? Wrong. There are important differences between a tenant broker and a listing broker. In this post, we’ll cover those differences and what they mean for commercial real estate professionals. Why? Because it’s important to know who to contact when you want to operate in this industry. But, from asset …

Top 100 Most Expensive U.S. Office Submarkets in 2019

Main Takeaways Mountain View – Shoreline was the nation’s most expensive submarket in 2019, with an average sale price of $1,554 per square foot of office space. The average sale price for a square foot of office space in the U.S. was $233. The 10 most expensive submarkets were in California, New York, Massachusetts and …

Industrious Secures First Location in Downtown Phoenix

The Monroe is going through a complete overhaul of the lobby that will create a sense of community and collaboration for its tenants. By the end of this year, Downtown will finally have that next generation of lifestyle experience office environment.

Simon Property Group to Acquire Taubman Centers Inc. in $3.6 Billion Deal

The nation’s largest mall operator, Simon Property Group, will acquire Taubman Centers Inc. in an all-cash deal. Simon will reportedly pay $52.50 per share for an 80% stake in Taubman’s REIT—valuing the deal at $3.6 billion. The Taubman family will retain a 20% ownership stake in TRG. The purchase price represents a 19% premium above …

Top 10 Real Estate Movies Every Agent Must Watch

‘All work and no play makes Jack a dull boy,’ according to the film classic The Shining. But, if you’re a movie-loving estate agent, then you could combine the two. So, here are the top 10 real estate movies that every agent must watch with their latest ratings on the IMDB movie database. Glengarry Glen …

Expert Insights: Andrea Davis Discusses Arizona CRE

Andrea Davis, leading expert in the commercial real estate industry, has over 20 years of industry experience in helping thousands of businesses find their dream office. She is a regular speaker at Phoenix Business Relations and Women of Influence and has been featured in numerous publications including Phoenix Business Journal, AZ Big Media, AZRE, and many …

5 Apps that Will Destress Your Office Life

In order to help you destress and, as a result, perform better at your job, you might want to try out a few phone apps that can help you stay Zen in any situation.

Manhattan Office Sales Dip 12% Y-o-Y in Q4 2019

Sales activity in the Manhattan office market decreased 12% year-over-year, with total sales volume dropping to just under $2.8 billion. After gaining significant traction in Q3, Manhattan office sales dropped by more than $1 billion quarter-over-quarter. Highlights: Y-o-Y, the average price per square foot increased to $875, and roughly 3.3 million square feet of office …

Whittle School Signs Lease for Tishman’s Recently Completed 620K SF Brooklyn Office Space

The Whittle School―a private school founded by former Esquire magazine Chairman Chris Whittle―has signed a 20-year lease for 620,000 square feet of office space at the Wheeler complex in downtown Brooklyn. The deal comes at the tail end of several months of negotiations between owner and developer, Tishman Speyer, and its new tenant; essentially, it …

NYC Developer to Buy Iconic Transamerica Pyramid in San Francisco

San Francisco’s Transamerica Pyramid Center is set to be sold for the first time since it’s completion. Michael Shvo, a New York developer, is leading a group that reportedly has a deal to purchase the iconic building for around $700 million, according to people close to the deal. The building has been a defining part …

Decade in Review: Office Building Sales Total $873 Billion Since 2010

A decade is a long time, and so much has occurred in our country and around the world in the last 10 years. In particular, rising real estate prices have been one of the prevailing themes throughout the 2010s. Coming off the heels of the Great Financial Crisis, the U.S. economy has trended upward for …

Industrious Signs Lease in Midtown Manhattan

Industrious has secured 60,000 square feet at 135 West 50th Street in the heart of Manhattan. The flexible office company signed a deal with landlord George Comfort & Sons Inc. for two separate spaces in the 925,000-square-foot building. The 15-year lease includes 37,000 square feet of space on the second floor of the 24-story mid-rise …

Expert Insights: Camille Renshaw Discusses The World of CRE

For our latest Expert Insight series, we had the pleasure of chatting with Camille Renshaw, CEO and Co-Founder of B+E (or Brokers and Engineers Net Lease) – one of the world’s largest net lease real estate brokerage firms. Camille Renshaw has 20 years of experience investing in both commercial real estate and technology companies and …

Top CRE Events to Attend in 2020

Approximately 20,000 REALTORS® and guests attend this event every year. There is a range of CRE topics to choose from, covering real estate technology trends, customer service and legislative changes.

What It Costs to Rent in the Top 10 Cities for Startups in the U.S.

Back in June, CommercialCafe came out with the Top Cities for Startups in the United States, in which we analyzed data of the 50 most populous cities in the country to determine which 20 cities were best for early-stage startups. Working professionals with years of experience, as well as talented young people, flood urban business …

Real Estate Tokenization: Pros, Cons, and Challenges

By: Cocoricos Technology is paving its way through everything and how can the real estate sector be left behind! Smart homes equipped with IoT devices in each and every corner of a house is a concept that is increasingly becoming common. Now, another technology that has made an impact in the real estate sector is …

15 Top Commercial Real Estate Video Games

video games have been proved to enhance memory, improve problem-solving skills, attention, and focus, as well as multitasking. Whether you are already in the business, are attending courses to get your broker license, or are just a fan of the industry, here are 15 of the most popular commercial real estate video games around.

Top 50 US Office Sales of 2019: Google’s Real Estate Empire Keeps Growing

We analyzed the top 50 U.S. office deals of 2019, and the results show an increased investor appetite for trophy assets outside of New York City. In particular, it was Class A office space in California—particularly in the Bay Area—and Washington’s Seattle and Bellevue areas that attracted most of the attention in the previous 12 …

Shortlist: Top Apps for Office Workers in Austin

Keep Austin’s treasures at your fingertips and get the most out of life in this vibrant city! With these apps, you’re sure not to miss out on anything that Austin has to offer.

15 Incredible Coworking Spaces with Labs

Coworking is expanding into a range of industries, including life science, biotech and other science-focused sectors. To meet the needs of these users, a growing number of lab-focused coworking spaces are opening their doors. As a result, scientists can now reap the rewards of coworking, thanks to advancing digitization and other technical innovations that allow …

Coworking Spaces with Standing Desks in San Diego

The pros and cons of standing desks are well-documented. If you’re in San Diego and don’t want to sit in front of a screen all day, here are the best coworking spaces with standing desks for you to choose from: Downtown Works 550 West B Street 4th Floor, San Diego, CA 92101 San Diego is …

Jackson Hole Virginian Lodge Hits Market at $60 Million

By local zoning happenstance, the five-acre recreational vehicle park could hold some buildings of up to four stories—which is rare for Jackson, to say the least.

The Benefits of Coworking Spaces

While millennials typically embrace a more free and unstructured work environment, they’re not the only ones opting for coworking lately. Moreover, companies are increasingly giving in to this popular, new approach, which allows for productivity and professionalism in a more diverse environment. Below are some of the main benefits of coworking that allow businesses to …

3 Coworking Spaces in San Francisco with 24/7 Access

San Francisco is home to some of the world’s leading tech entrepreneurs, creative minds, and a booming freelance community. Coupled with the city’s premium real estate prices, it’s no surprise that coworking spaces in San Francisco are in high demand. In fact, a recent report revealed that the city has the most coworking spaces per …

Why Your Property Needs a Google My Business Page

A commercial listing is a must-have for every property in your portfolio. But you may not be aware of the benefits a Google My Business page could bring to your property. Formerly known as Google Places, Google My Business is a free and easy-to-use tool that can help any business boost its online visibility. How? …

Revealed: New York’s Green Building Superstars

In terms of its reduced energy usage and increased efficiencies, New York City is the greenest city in the U.S. In fact, NYC is now home to almost 520 million square feet of green building space. The LEED certification program is the driving force for New York’s eco-credentials. Under the LEED (Leadership in Energy and …

Yardi Kube Spotlight — All-in-One Platform for Coworking Space Operators

Yardi Kube is a single, connected solution for coworking and shared workspace operators. It’s designed to help users grow their businesses, eliminate third-party integrations, save time and offer competitive member services. Apart from allowing users to seamlessly manage their coworking space operations, financials and more, the platform also provides an excellent member experience. Yardi Kube …

Young, Smart and On-the-Go: Top 10 Metros for Millennials Who Want to Relocate

The handwringing over the latest exploits, likes and dislikes of millennials has become somewhat of a national sport. Some of the observations are the result of generational rivalry rather than insights into wide-ranging trends. Still, it’s essential to recognize that—given their sheer numbers—anything millennials do is likely to have a significant influence on the daily …

Top Apps That Will Make Work–Life Balance a Reality

In this day and age, most of us have so many things to juggle at once, it’s sometimes hard to keep track. Between long working hours, spending time with family, working towards personal goals, practicing hobbies, maintaining a social life, doing chores, exercising and having some quality downtime as well as enough sleep, the never-ending …

7 Great CRE Podcasts You Really Should Follow

Each show lasts for over an hour, where the duo interview investors from all walks of life. Each podcast focuses on a couple of core topics, including investment strategies and portfolio building.

Amazon Officially Opens Tech Hub in Houston

July 26, 2019 was a big day for Houston as Amazon opened its 18th tech hub in the country. With an office space meant to be occupied by 150 employees working in web services and covering everything from software engineering and data analytics to marketing and sales, the Amazon tech hub is expected to not …

Skanska Commences Work on $113 Million Atlanta Medical Center

Multinational construction company Skanska signed a $113-million contract with Atlanta’s Grady Health System to build a new Center for Advanced Surgical Services. Skanska received a 75% share of the contract, which is a joint venture with Atlanta-based H.J. Russell & Company, a fellow construction and development firm. The 10-story Center for Advanced Surgical Services will …

Small Texas Cities That Added the Most Office Space Since 2009

Office construction has been booming throughout the last decade in Texas and demand for new space is showing no signs of slowing down. Furthermore, Texas continues to be a top choice for corporate relocations due to favorable tax conditions and a highly skilled workforce. Specifically, more than 100 million square feet of new office space …

What Businesses Can Benefit from a Virtual Office?

You don’t need to pay for office amenities or coworking memberships. However, many virtual offices do give members access to meeting rooms and conference facilities. These are usually decked out with the latest high-tech gadgets to further impress your clients.

7 Pro-Tips for a Realtor Resume

What makes resume writing tricky is that most people do not know how to write one. Don’t let this scare you, though. The ABC of the real estate industry is Always Be Closing, and that indeed takes a lot out of realtors. However, closing a realtor resume is definitely easier than that. Now the question …

The Holdover Clause In Commercial Real Estate Leases – What It Is and How It Works

Commercial real estate leases have a lot of negotiable terms and conditions. Accepting the boilerplate language of the holdover clause in a commercial lease can have a big impact when the lease expires and the tenant stays.

The Rise of the Gig Economy and Coworking

Technology is the great enabler of both the gig economy and coworking. Many jobs no longer require people to physically be in the office. 

How to Pitch a Commercial Property

Remember, cutting corners doesn’t work and your clients are wise to such tactics. A few hundred dollars saved in commission is nothing compared to getting the best price for your client. 

What Is A Serviced Office Space And How Is It Different From Coworking?

A serviced office space provides your business with more privacy, which may be important if your business has strict confidentiality terms. However, this privacy may come at an increased cost.

How To Calculate Your Commercial Rent

Calculating a commercial rent can be complicated, and if you’re not careful you could end up paying more for your lease than expected.

Commercial Real Estate Depreciation – How Does It Work?

Commercial real estate depreciation lets investors expense the cost of income producing property over time, lower the amount of personal income tax paid, and even roll over and defer the payment of capital gains tax when property is sold.

Revealed: Architects Using Smart and Innovative Materials

The carbon-neutral-focused architecture firm not only ensures its designs complement the natural surroundings of the property, but it also employs a range of renewable strategies.

Top 11 Commercial Real Estate Books

This list is by no means exhaustive and is presented in no particular order. However, it provides you with a good range of commercial real estate books to choose from. Kick off your 2020 reading challenge with these recommendations! 

9 New York City Apps for Locals & Visitors

New York City is one of those rare and magical places that has the potential to attract millions of tourists and new residents from all corners of the world. If you’re on a short travel schedule or have just moved to the Big Apple in pursuit of your dreams, the impressive city might be hard …

7 Tips for Choosing Your Next Office Location

While many business mistakes can be corrected, choosing the wrong space for your business can be an expensive mistake that’s particularly difficult to fix.

The Growth of Suburban Coworking

Suburban spaces tend to draw clients from the ranks of people who work from home and want an office to have somewhere to go and/or for socialization, as well as large corporations that need small satellite offices.

How to Sublease Your Office Space

Not all commercial leases give a tenant the right to sublease. When office leases do allow subleasing, they often include restrictions on subletting. A few examples of such restrictions are listed here.

8 Ways Virtual Offices Help Remote Workers

If a remote worker’s organization does decide to expand into new regions, the worker can rest assured that they will not need to relocate. As such, the employer can seamlessly scale up their operations with minimal disruption to the workforce.

How to Automate your Coworking Space

Automation is everywhere. It’s affecting the CRE industry and could even take your job thanks to the range of tools and services now hitting the marketplace. If you automate your coworking space, you could realize a multitude of benefits. If used correctly, it could carry out those repetitive tasks you face every day. These include: …

How to Become a Commercial Real Estate Broker

While you’re gaining experience as a real estate agent, use this as an opportunity to identify your preferred commercial real estate market. Additionally, start to build your personal brand and network so you can hit the ground running when you do qualify.

What Are the Pros and Cons of Working From a Coworking Space?

Whether you’re a startup founder, small business owner, or freelancing professional, you’ve likely thought about joining a coworking hub at one point or another. Maybe this option is still on the table, you’re just doing your research on the shared office space that will be in line with your professional aspirations as well as your …

Key Points on Commercial Lease Insurance

Insurance is a very important element of a commercial real estate lease, because you never know when an unforeseen accident or natural disaster can occur and significantly impact your business. Being compensated by the insurance company for your losses can be of great assistance in helping your business recover. But how do you know what …

7 Apps to Help You Manage Your Time

You shouldn’t try to fit more hours into your working day by completing excessive overtime either. The results are potentially disastrous for your body, soul, and work. So here are some of the top apps to help you better manage your time!

5 Highly Effective Tools for More Productive Telecommuting

there is no better time to try your hand at remote working thanks to the broad range of options now available. In no particular order, here are the top tech tools to enable more productive telecommuting

Which Florida Cities with Less Than 300K Residents Added the Most Office Space?

The Sun Belt is an increasingly popular destination for tech companies and the people they employ, and Florida is no exception. Two of the state’s metro areas are among the nation’s 10 most popular destinations for moving Americans. Additionally, Florida has the highest percentage of entrepreneurs in the U.S., according to the Kaufmann Foundation. However, …

Virtual Staging Software for Commercial Properties

When it comes to revolutionary technological advancements in the real estate industry, virtual staging is one of the most useful tools on the market. We all know the importance of good, high-quality photos when trying to sell a property, regardless of whether it’s a commercial or residential listing. This software takes appealing properties to an …

New Year, New Office Interior Design Trends – What to Expect in 2020

As 2019 draws to a close, we take a look at some of the most popular commercial interior design trends and have an in-depth discussion with several interior design experts. Every year, innovations in architecture shift the focus of interior design, morphing it by focusing on the experience of the space, rather than the need …

Why Coworking Spaces are Perfect for Your Business

By: Ken Marshall Considering coworking spaces for your business? They’re popular, they’re modern, and they’re growing in use. It’s a concept that offers benefits for entrepreneurs of all types – let’s look at how this synergy can work for your business model. Lower Start-Up Costs It seems like an obvious selling point when launching a …

HR Top Tips: How to Successfully Manage Remote Teams

Remote teams are on the rise. But while working from home is easier than ever thanks to advancing digitisation and the prevalent gig culture, managing a remote team brings a broad range of challenges to any HR professional. Here are our top tips to successfully manage your remote teams: 1. Recruit right Remote working is …

The Pros of Working with a Commercial Real Estate Broker

A commercial real estate broker is a key figure in the industry. These individuals operate as a third-party facilitator, negotiating, arranging and/or organizing the transaction between the real estate buyer and seller. Whether you’re buying or selling, there are many reasons to work with a commercial real estate broker. Here are the key benefits of …

8 Beneficial Office Building Security Tips for Your Commercial Property

By: The Drifter Collective Any team that runs a hotel knows how each member must quickly get used to juggling responsibilities. Daily tasks like cleaning the rooms and opening the continental breakfast never change, but management has to think about so much more. As you plan out your hotel’s future, there are always security concerns …

Top 50 US Cities Ranked by Progress of Urban Sustainability

Washington D.C. is the greenest lantern in the land, maintaining its high standards and urban development policies geared toward sustainability. New York City’s high walkability, growth in LEED certifications, and well-rated sustainability-oriented policies pushed it up to second place. Denver achieved top 10 scores for increase in green jobs and in LEED-certified building, as well as growth in adoption of green commuting, placing third overall.

What to Research Before Signing a Commercial Lease

Whether you’re a tenant or a landlord, signing a commercial lease is a huge task. As such, you need to understand what you’re committing yourself to before putting pen to paper. Landlords want to maximize the return on their assets. After all, that’s the business they’re in. However, as a tenant, you may want to …

The Best Type of Office Space for Your Work Style

By: 365 Business Changing times call for changing work environment spaces. Not everyone has the same job or the same work style. Switching things up in the workplace can help refresh your work mind, making you more productive. A traditional cubicle approach can be better for your individual work ethic or an open space for …

Highlights from Yardi Matrix Coworking Report

In October 2019, a special Yardi Matrix Coworking Report was released. It warned operators that coworking’s rapid growth will be tested in the years ahead.  Yardi’s study was based on a review of the leases of 5.5 billion square feet of office space in the top 50 markets in the U.S. The study covered buildings …

How a Real Estate Agent Should Work with Online Reviews

By: Angela Baker A decade ago, people generally took the same approach when they wanted to purchase or sell a property through a real estate agent: asking around. Friends, family or neighbors were the main sources of referrals and recommendations for a reliable realtor. Since then, a lot has changed. Word of mouth is still …

Top PR Tips for Commercial Brokers

If you want to raise your profile as a commercial broker, then you may want to consider a little PR (or public relations). PR describes any activity that builds your professional reputation with the wider public. Nowadays, you can achieve this in a vast number of ways. So, here are our top PR tips for …

What are the Best Office Amenities?

Office amenities can make or break the workplace. Research reveals 72% of tenants wish their office building had better or more amenities. But should you focus on providing artisan coffee or hi-tech gadgets in your office?  Some office amenities, including free beverages and fast wi-fi, should be offered as standard. You also need to select …

3 Coworking Spaces in Washington, DC That Offer 24/7 Access

As coworking spaces keep gaining popularity, new shared offices are popping up in all corners of the country on a daily basis. In this new and extremely competitive market, business owners are willing to offer extra services in order to stand out from similar organizations. In a field that is filled with creative individuals who …

How to Make the Most of Working in Temporary Office Spaces

Working remotely requires discipline, organization, and a knack for self-management. When a home office just doesn’t cut it, a coworking space close to home is, by far, the best alternative. The good news is, if you work in bustling business hubs like San Francisco, Chicago, or Atlanta, you can have your pick. Coworking spaces come …

How to Generate Online Leads for Your Coworking Space

Coworking space is growing in popularity, fueled by our increasingly digital world and flexible workforce. But, how can operators generate more leads and get more people through the doors? Certainly, this can be a difficult nut to crack because lead generation is multi-faceted and does not rely on one single method or tool.  So, before …

7 Coolest Coworking Spaces for Women in San Francisco and New York

When it comes to taking coworking offices to another level, it sometimes seems like it’s all been done already. A handful of niche-specific shared office spaces open their doors daily all across the country, but despite this fact, there are still few coworking hubs aimed specifically at women. Luckily, larger cities have recognized this market …

Sustainable Office Buildings in the US

When it comes to sustainable office buildings, there are plenty to choose from. We’ve picked 14 of the most eco-friendly commercial real estate offerings in the US. In no particular order, here they are: Tower 6 Allentown, Pennsylvania Architect: Spillman Farmer Architects With floor-to-ceiling windows, the 12-story Tower 6 is flooded with natural light, just …

Need Smart Materials? Here are Some Top Suppliers

Smart materials are reshaping the future of the construction industry. It’s an important step forward, with commercial buildings representing one of the major sources of carbon emissions in the US. From packaging to plant sugars and green roofs, here are some top smart materials suppliers, working across a broad range of sectors and industries. ECOR …

10 Things You Need on Your Desk Right Now

The average worker spends 67 days a year sitting at a desk. What’s more, 45% claim their employer does not provide the equipment needed to make them feel comfortable at their desks.  It’s time to take matters into your own hands. So, in no particular order, here are ten things every worker needs on their …

Communicating With Your Tenants – Is It Time for Social Media?

By: LevelUP As a landlord, it’s essential for you to be able to reach your tenants when you need to. You can’t simply show up, as there are laws against sudden visits to rented properties. Traditionally, phone calls and snail mail were used to open up the lines of communication. When it comes to block …

Working from Home vs a Coworking Space

By: Zoocasa If you live in a popular urban market, you are likely aware of the steep cost of living; consider, for example, sold house prices in Toronto, which have increased by double-digit percentages in recent years. In order to cut costs, those who freelance or run their own businesses in big cities may consider …

10 Tips for Choosing the Right Coworking Space

By: My Millennial Guide In recent years, coworking spaces have become increasingly popular in the gig economy, and for good reasons. The spaces are a great opportunity to network, economize, and fuel creativity. They have exponentially changed the way budding local entrepreneurs, freelancers, and startups can attain an office set up on a small budget. …

Who Grew the Most: Office Development in California Cities with Less Than 300K Residents

California means many things to many people. The Golden State is the birthplace of many of today’s tech behemoths, as well as a startup wonderland. Cities like San Francisco, Los Angeles and San Diego are attracting some of the best talent not just locally or nationally, but also from all over the world. With increasing …

Can’t Nap at Work…or Can You? Meet the Amazing Coworking Spaces That Let You Snooze

Modern life’s exhausting pace can really set off your sleep patterns, which can then greatly affect your productivity at work. In fact, some companies have even given their staff the green light to grab 40 winks at work. So, what’s the harm in having a snooze? Well, according to these coworking spaces, there’s nothing wrong …

Expert Insights: Kyle A. Keelan Talks Multifamily Real Estate

For our latest Expert Insights series, we had the pleasure of chatting with Kyle A. Keelan, Managing Partner and Co-Founder of The Multifamily Firm. Having graduated from the University of South Florida with a bachelor’s degree in Economics, he now specializes in performing brokerage and portfolio management activities for individual and institutional owners of multifamily …

Bay Area, San Francisco Q3 2019 Office Sales: SF Office Sales Double Y-o-Y

Executive Summary Google shells out $1 billion for Sunnyvale office complex in Q3’s top deal Bay Area office sales volume increases 35% from Q2; average price per square foot stays above $500 San Francisco office sales volume sees best quarter in 5 years, growing 106% from Q2 and 124% year-over-year (Y-o-Y) 18 projects completed in …

How to Choose the Best Startup Office Space

Every startup needs some space to grow and reach its full potential. When you choose your startup office space, you need to take a vast range of factors into account to stretch your budget without compromising on your future plans. It’s a difficult juggling act. Here’s our step-by-step guide to help you find the best …

SoCal Q3 2019 Office Market Report: LA’s Price per Square Foot Falls 15% Over Last Quarter, OC Returns to Highs

Executive summary: Lease Prices in Trophy LA Properties Overtake Class A Prices Orange County Quarterly Office Sales Top $524M, a High for the Year A Total of 26 Office Projects are Set to Deliver More Than 2.2M Square Feet Across Both Markets   In Q3, the office markets of Los Angeles and Orange County fell …

How to Start a Real Estate Business with Commercial Properties

Do you want to start a real estate business with commercial properties? Starting your own business is a huge undertaking and the commercial real estate space is certainly a competitive one. First, you need to understand that a commercial real estate business is very different compared to residential sales. Most individuals have some experience buying …

Top 10 Best Commuter Towns Near Denver

Part of the Front Range Urban Corridor, Denver is the 19th-most populous metropolitan statistical area (MSA) in the country, according to estimates released by the U.S. Census Bureau last year. With a population growth of nearly 20% since the 2010 census, the mile-high metro is bound to see its fair share of worsening commuter traffic. …

Top Green Coworking Spaces in the U.S.

Sustainability matters more now than ever before—and the world’s coworking spaces are no exception. Coworking operators are also recognizing that going green is not just a fad. In fact, eco-friendly practices can give your coworking space the competitive edge it needs—and benefit the planet at the same time. So, what’s not to like about that? …

Setting the Standard: Sustainable Offices in San Francisco

Sustainable offices are growing in popularity around the world – office space in the Bay Area is no exception. The city has its own green building policy, focusing on balancing its present needs and future resources. There’s also a Sustainable City initiative, dedicated to the long-term sustainability of the city’s natural and constructed environment. Using …

What Actually Qualifies as Commercial Real Estate?

Commercial real estate (CRE) is a term you regularly hear. But do you know what actually qualifies as commercial real estate? Broadly speaking, CRE is property used exclusively for business purposes. In other words, you provide a workspace rather than a living space and this commercial space is often leased to a tenant. So, commercial …

Expert Insights: Kevin Olson Discusses Boston CRE

The Northeast added as much as 130.5 million square feet of office space in the last 10 years, and cities such as Boston present real estate agents with unique situations and opportunities. We sat down with Kevin Olson, Senior Advisor at Nordlund Associates, a leading real estate brokerage, to hear more about the particularities of …

What Is an Executive Office Suite?

If you’re currently running your own business, you know how important a good and reliable space can be. When you started out, you likely worked countless hours from the comfort of your own office, perhaps spent your fair share of time in cafés, and even had a coworking membership at one point. Initiating a business …

Manhattan Office Sales Hit $2.9B in Q3, Trophy Office Leasing Reaches $101/Sq.Ft.

Executive Summary Office sales volume drops 34% y-o-y, closes Q3 at $2.9 billion The average sales price per square foot reaches a 4-year high of $1,676 Largest Q3 deals see The Coca-Cola Co. Building change hands twice for more than $900 million Asking prices for A+ office space leases average $101/Sq.Ft., A+ vacancy down to …

Revealed: Top Tools to Help You Design a Professional Office Space

A picture is worth a thousand words, right? If you want to design a professional office space, you may want to consider some of the following online tools to help you visualize and optimize your space. Here are a handful of our favorite easy-to-use apps and interfaces that can help you design a professional office space …

5 Key Steps to Close More Real Estate Deals Today

Every real estate agent has to master the art of sealing the deal. This is no easy task, but without any real estate deals to your name, you won’t survive long in the industry. There are a lot of different challenges to overcome. Every potential sale needs careful handling and a willingness to go the …

Metro-to-Metro Migration: Which US Metro Areas Are Winning?

More than 45 million Americans changed residences between 2017 and 2018, according to U.S. Census Bureau estimates. This means that more than 14% of the total U.S. population moved in the course of a single year. Migration has been a defining characteristic of Americans since the frontier expansion; nowadays, Americans move more often than most …

The 1% Rule of Real Estate Investing

Real estate investing can be a fantastic source of passive income for anyone looking to increase their revenue. Those interested in becoming a landlord can find themselves in a satisfying and lucrative domain that is relatively easy to set up and provides many advantages. Through leverage virtually anyone can buy property without breaking the bank. …

Expert Insights: HUB International’s Chip Stuart Explains Commercial Real Estate Insurance

Good foresight and relationships are among the most important things in the world of business. This is especially true in the case of commercial real estate, given the large revenues and costs associated with the market. For any commercial real estate owner, it’s essential to have a broker who can not only tailor an insurance …

How to Use Email Marketing for Real Estate

At a time when virtually everyone has some sort of presence in the online world, it might seem harder and harder to stand out in the crowd. Gaining attention online can be particularly challenging if you own a business and you’d like to promote your services on various platforms. These days social media sites are …

Zymergen Signs Long-Term Lease at BioMed’s Emeryville Center of Innovation

This transaction brought the total BioMed space leased in the Bay Area to more than 3.8 million square feet.

Top U.S. Cities Add 682 Million Square Feet of Office Space in 10 Years

Key takeaways: 682 million square feet of office space have been added across the country in the last 10 years. Campus-style tech companies greatly influenced the suburban expansion throughout the U.S. New York City, Chicago, and San Francisco grew the most on the fringes of the urban cores. The expansion of office space can tell …

10 Must-Have Apps for Office Productivity

Whether you’re a solopreneur or work for a large company, you’re most likely always looking for ways to boost your productivity. But, sometimes this can be difficult, especially when your schedule is full and there are many distractions that get you out of the zone. So, we scoured the internet for apps that can boost …

Online Courses and Training Platforms for Aspiring CRE Brokers

In every line of work, a lifelong learning mindset and a willingness to deepen one’s understanding of their profession is always beneficial. It doesn’t actually matter if you’re at the very beginning of your career or have been working in your field for many years, the truth is you can always learn something new if …

Investment Banking vs. Private Equity in Commercial Real Estate

Career opportunities in commercial real estate are endless. This is an industry that includes many types of different occupations, from landlords to appraisers, to property managers to paralegals, and more. Commercial real estate attracts experts from a wide variety of professions. Some boast legal backgrounds, others are proficient in sales, while some come from the …

Fall 2019 Commercial Real Estate Conferences & Events

Network, generate new leads, and learn what you need to know about our highly competitive business by attending some of the best conferences and events for commercial real estate professionals, happening before the end of the year.

SL Green Sells Midtown Office Tower for $815M

SL Green is currently negotiating the sale of its Midtown Manhattan office space at 220 East 42nd Street with Jacob Chetrit of the New York-based Chetrit Organization. The announced $815 million sale price translates to roughly $715 per square foot for the 37-story tower. Cushman & Wakefield’s Adam Spies and Doug Harmon, and Iron Hound …

How Much Money Do You Make in Commercial Real Estate?

Are you thinking about joining the pack of real estate professionals? Perhaps you’ve already looked through potential career paths both in the residential and commercial real estate industry and you’re uncertain about the type of work that is a perfect match for you. Depending on your personal needs and requirements, the industry provides a myriad …

Rising Realty Signs First Tenant at Newly Renovated Office Tower in DTLA

Architecture firm KGTY signed a 15,700-square foot lease in the newly renovated Trust Building in downtown Los Angeles. The company―ranked one of the top architecture firms in Los Angeles, with regional offices in Chicago, Denver, Irvine and Oakland―plans to relocate its Playa Vista office to the seventh floor of the 351,000-square-foot office property at 433 South Spring …

Top 10 Best Commuter Towns Near Portland

Recently, we looked at commuter towns near several U.S. cities, ranking them according to a variety of metrics. This time, we’re assessing towns near Portland to determine which are the most desirable for commuters in its metro area. Portland is one of the cities where commuting time has increased the most in the past decade. …

Top 10 Best Commuter Towns Near Phoenix

As one of the largest metropolitan areas in the U.S. that’s also growing quickly, it’s no surprise that Phoenix can be challenging for commuters. When searching for a community to call home, workers often have to compromise between time spent driving under the blazing Valley sun and housing affordability—which is not an easy task. So, …

First You Get the Railroad, Then You Get the People, Then You Get the Magic City

Topping out at 868 feet, the Panorama is Miami’s new king of the skyline. The development includes two office towers; a 19-story parking pedestal; a 208-key Hyatt Centric hotel; and a pool deck complete with bars, dining and social lounges on the 22nd floor. Luxury flirts with Miami once more.

Gibson Dunn Renews 215KSF Lease in Brookfield-Owned LA Office Building

New York-based law firm Gibson, Dunn & Crutcher renewed its lease at 333 South Grand Avenue in downtown Los Angeles. The company signed a long-term deal with the owner, Brookfield Properties, for 215,000 square feet of office space in the 54-story Wells Fargo Center North Tower. CBRE’s Stephen L. Bay, Mark Sprague and Danny Rees represented the tenant, while …

Want to Work for a Coworking Space? Here Is a List of Common Jobs and Where to Find Them!

Here at CommercialCafe we’ve already talked a lot about working at coworking hubs. We’ve presented the many advantages of coworking office spaces, the difference between shared and traditional offices, and we’ve also showcased a handful of specialized hubs that target specific professional groups. But what about the other side of the coin? What if your …

Top Coworking Events for Fall 2019

Not sure what coworking events to attend over the next couple of months? This Fall, there are many where you can hear from industry experts, take part in an “unconference,” and get a sneak peek at different spaces and offices. Here are the top conferences and meet-ups for your calendar: GCUC Global Coworking Unconference When: …

Here Today, Gone Tomorrow: Fastest Declining Jobs in the US

While some business sector occupations are losing workers at significant rates, some of these declining jobs have seen important income gains.

9 Ways to Make Your Coworking Space More Sustainable

With increased awareness about the ways we affect our planet, environmental issues are finally receiving the attention they deserve. Besides people taking individual action, many companies are implementing eco-friendly policies to reduce their environmental impact. If you own or manage a coworking hub, there are many reasons to make it more sustainable. Besides being mindful …

MCRE Scoops Up 155 West 23rd for $39.5 Million

MC Real Estate Partners has picked up the 82,500-square-foot building at 155 West 23rd Street in Manhattan for $39.5 million. The 12-story building was previously owned by the Kaufman Organization and Goldman Sachs Asset Management and remains under a 99-year ground lease agreement from Edison Properties, according to Yardi Matrix. Kaufman will continue to manage …

Expert Insights: JLL’s Chad Buch Talks Chicago Industrial Real Estate

This year, like the last, all eyes are on the Chicago industrial real estate market. One of the most promising in the country, it expects roughly 17.9 million square feet of new developments by the end of 2019. Investors have placed their bets, so it’s time for us to get a closer look. For our …

Denver Tech Center Office Portfolio Commands $191 per Square Foot

The two-building property has high-quality finishes due to extensive upgrades. TerraCap intends to continue these, as well as enhance the package of amenities. Conveniently located within close proximity to the Belleview Light Rail Station as well as the I-25 and I-225, both buildings offer high accessibility.

Saltbox Raises $3M, Prepares to Debut Co-Warehousing in Atlanta

Saltbox is poised to debut its co-warehousing model of coworking in Atlanta, this November. Plans include a 27,000-square-foot flexible co-warehousing space located in a Hills Park industrial facility at 1345 Seaboard Industrial Blvd. NW.

Rust Belt Cities Ranked: The Most Successful Comeback Stories

In 2016, Antoine van Agtmael and Fred Bakker, authors of “The Smartest Places on Earth: Why Rustbelts are the Emerging Hotspots of Global Innovation,” commented on the current state of industry in the U.S. They highlighted the fact that while many voices decry the bleak state of manufacturing in the country, very little is said …

Top 10 Best Commuter Towns Near Philadelphia

Being the 6th largest city in the United States with a population of almost 1.6 million, it’s safe to say that it’s not Always Sunny in Philadelphia for commuters. On average, a commuter in Philly spends about 66 minutes per day en route to work and back home. But how much time do commuters spend coming …

Brookfield Unveils Office Plans for Beloved Chicago Landmark

Last month, Brookfield Properties announced plans to transform the top six floors of the iconic Macy’s at State Street, formerly the Marshall Field and Company building, into state-of-the-art office space. Branded 24 East Washington, the redevelopment will feature ultra-modern amenities, while also paying homage to the building’s rich past. Conveniently located in the downtown Loop, …

Office Building of the Week: Old South Building, Boston

The Old South Building is an 11-story high-rise in Boston, Massachusetts. The building was completed in 1903 and now houses a range of commercial office spaces. The Old South Building was originally erected by the Old South Church at the turn of the 20th century and has links to the Puritans and the historic Old …

10 Top Tools for CRE Brokers

‘Work smarter’ is the mantra of most successful professionals. However, without the right tools in place, Commercial Real Estate brokers may struggle to stay ahead of the competition. Therefore, we’ve compiled a list of the top 10 must-have tools for CRE brokers to help organize everything from marketing campaigns to paperwork: 1. Email marketing: MailChimp …

Office Building of the Week: The Hobart Building

Designed and built by Willis Jefferson Polk, an American architect from Jacksonville, Ill., The Hobart Building lies in the Financial District of San Francisco at 582-592 Market Street. The structure is situated near the SoMa high-tech corridor with proximity to major public transport routes. Over the years, The Hobart Building has become an icon of …

Venture X Joins The Frontier RTP Tenant Roster

The company is set to occupy the whole third floor of the property in the Raleigh-Durham area and will offer members a variety of services and perks which include high-tech conference rooms, quality Wi-Fi, a wellness room, and unlimited locally sourced coffee.

Amazon-Occupied Office in South Lake Union Fetches $220M CMBS Refi

French investment bank Natixis secured a $220 million CMBS refinance loan for an Amazon-occupied office space in Seattle, owned by RFR Holding and TriStar Capital. Richard Horowitz, principal of Cooper-Horowitz, and Michael Magner, head of CRE originations at Natixis, represented the lender during the negotiations. The five-year debt will be used to pay off a …

Coworking Spaces With Top-Notch Amenities for Sound Engineers, Producers and Music Enthusiasts

As more and more coworking hubs appear on a daily basis in all corners of the country, competition has become quite intense among these types of shared office spaces. This cutthroat market has challenged their owners to come up with various solutions in order to stand out from the crowd. The most effective way to …

Five Small Businesses That Would Most Benefit From Renting Storage Space

Many businesses are in constant need of easily accessible, affordable storage space. Whether you’re a building contractor with a lot of tools, or you have a crafting business and don’t want your entire workspace covered in fabrics and other supplies, renting storage space is something to consider. Depending on your field of activity, making good …

How a Coworking Space for Writers Is Different From the Rest

Coworking hubs are pretty awesome. They offer a fully-equipped base for creative entrepreneurs where they can tackle their daily tasks, network with like-minded individuals, and form fruitful collaborations, all in a professional environment. Anyone can join a coworking hub, regardless of their education, background, profession, or career. With inclusion in mind, a large number of …

Top 10 Best Commuter Towns Near Seattle

Having previously looked into the best commuter towns near Boston, Atlanta and Chicago, we continue our series with an analysis of the best towns to live if you work in Seattle. Using a similar methodology, we allocated points for each town’s performance in terms of commute time, housing values, school ratings, and crime rates to highlight …

Expert Insights: David Conroy on All Things Chicago CRE

David Conroy, Principal at Cawley Chicago shared his insights on Chicago’s commercial real estate market with us and gave us a quick overview of national CRE trends. What differentiates the Chicago commercial real estate market from other major markets in the US and what changed in the past years in Chicago when it comes to …

Office Building of the Week: Fisher Building, Detroit

The Fisher Building at 3011 West Grand Boulevard in Detroit is one of the most recognized office buildings in the Midwestern U.S. Designations and acknowledgments in the National Register of Historic Places, National Historic Landmarks Program, and Michigan State Historical Society contributed to this iconic property earning its well-deserved nickname as “Detroit’s largest art object”. …

Top Coworking Spaces Near Airports

Coworking spaces are appearing everywhere and it’s no surprise that the world’s airports are jumping on the bandwagon and embracing this flexible way of working. Most coworking spaces are near the airport but not inside it. However, there has been a steady increase in interest in spaces closer to the world’s runways. For example, Hong …

Guide to Finding Office Space for Your Small Business or Startup

You’ve got several clients under your belt with more business coming your way. Cash flow is strong and predictable. Your business is doing great and it’s time to start looking for the right office space. With so many options available, finding the right spot for you and your small company can be difficult. Choosing the …

Why Retail Is The Newest Flexible Office Space

Retail and shopping mall investors across the country are giving office users a new place to work. A recent report by JLL notes that over the next 10 years, flexible space will make up nearly one-third of all office stock – and retail investors are doing what they can to grab their market share today. …

Are You Living in One of the Cities Where Commuting Time Increased the Most or Least?

If you live and work in the U.S., you likely have some form of commute to work. Whether you take the train or go by car, bus or subway – or all of the above – commuting takes up a large amount of your personal time that can often lead to frustration. Spending hours in …

How the IoT Can Better Manage Your Flexible Office Space

The Internet of Things (IoT) is changing the way we carry out many day-to-day tasks. For the world’s flexible office spaces, this wave is breaking through in many areas and bringing vast benefits in its wake. What is the IoT? The IoT refers to the billions of physical devices that are now connected to the …

3 Coworking Spaces for the Film Industry Enthusiasts

Coworking hubs offer a fantastic alternative for individuals who value a vibrant community atmosphere, a well-equipped professional setting, and remote working opportunities. These shared office spaces have become so popular in recent years that it sometimes seems like there’s a new coworking hub opening its doors every day. With this abundance and fierce competition, many …

What Are the Pros and Cons of a Virtual Office?

Virtual offices are a great way to save money, expand into new markets with a physical address, and tap into top talent from around the world. Granted, some businesses still might need traditional office space.

The Top 10 Best Commuter Towns Near Atlanta

Key Takeaways: Kennesaw ranks #1 as our best commuter town for Atlanta. The northwest suburbs dominate the list of top Atlanta commuter towns. Over one hour per day is spent commuting, adding up to over 13.5 days per year. In the past months, we’ve looked at some of the best commuter towns in both Boston …

Office Building of the Week: Willoughby Tower, Chicago

The site of the Willoughby Tower at 8 South Michigan Avenue in Chicago has been occupied for nearly 200 years. The Sisters of Mercy founded Chicago’s first convent there in 1846, which was followed by the 8-story Western Bank Note Company building in 1891. Construction on Willoughby Tower began in 1928. Original plans for the …

Manhattan Office Sales in Q2 2019 Just Short of $2B, Trophy Office Space Leases Hit $94/Sq.Ft.

Executive Summary Office sales volume drops 26% y-o-y, closes Q2 at $1.9 billion Average sale prices drop to $556/sq.ft., lowest in five years Google buys Milk Building for $592 million in largest Q2 office transaction Average asking price for trophy office space hits $94/Sq.Ft. in Q2, A+ vacancy nearly 7% Non-traditional office space surpasses 16MSF …

Largest US Beauty Retailer Signs Lease with Largest NYC Landlord

SL Green Realty announced signing Ulta Beauty Inc., to the retail roster at 2 Herald Square. The deal puts the largest beauty retailer in the U.S. in a 12,040-square-foot store located at the intersection of Sixth Avenue, Broadway, and 34th Street. This highly coveted corner of Herald Square is also moments away from Penn Station …

What is Coliving?

Coliving might be the next evolution in coworking. Both rely on collaboration and community, but instead of just sharing a workspace with a community, you share your living space with like-minded individuals as well. In other words, coliving is a housing initiative where people with shared interests and values share a living space. It’s an …

Office Building of the Week: The Public Service Building, Portland, Oregon

The Public Service Building in downtown Portland is a 16-story office building with a rich history. The structure has been listed on the National Register of Historic Places since 1976 and its name gives us a clue about its past. It was originally built to house the offices of the Pacific Power and Light Company …

2019 Guide To The Types Of Commercial Real Estate Loans

Commercial real estate loans can be used to buy and renovate owner-occupied property for business use. They can also be used by real estate investors to purchase income-producing real estate such as mixed-use, retail, industrial, and office buildings. Loan terms for commercial real estate vary based on the credentials of the borrower, what the loan will …

3 Coworking Spaces in San Diego That Offer 24/7 Access

Coworking hubs are known for their vibrant community atmosphere, abundance of networking events, sleek interior, and flexible work policies. Entrepreneurs and local business owners can usually choose between a handful of membership options that offer access to different features and amenities, depending on one’s needs and professional aspirations. Shared offices spaces boast a wide range …

8 Ways To Increase Commercial Property Revenue Without Raising Rents

While lease payments are the foundation of commercial real estate revenue, it’s the little things that can make owning a property more lucrative. Here are eight ways to increase revenue for a commercial property without disgruntling tenants by raising the rent. #1 Offer À La Carte Services To Tenants Offering extra à la carte services is …

Northstar Commercial Partners Officially Opens East Coast Operations

Commercial real estate investment firm Northstar Commercial Partners recently announced the opening of its new office in Midtown Manhattan at 245 Park Ave. The Denver-based company chose this new office location because of its excellent access to major investment firms and potential partners in the area. According to the firm’s news release, its East Coast …

Healthcare and Business Occupations Top the Fastest Growing Jobs in the US

Using data from the Bureau of Labor Statistics, we looked at the fastest growing jobs over the last 10 years. Interestingly, there has been virtually no change in where jobs are located on a state level from 2009 and 2018, even though California alone added almost 2.5 million jobs across all industries.

Coworking Spaces for Seniors

Coworking spaces for seniors are gaining traction in a market often just associated with the millennial generation. And why not? While the average age of a coworker is 34, the business benefits of coworking spaces are universal. They boost innovation, morale and productivity, provide cost savings and flexibility while addressing the isolation synonymous with modern …

Does Your Startup Need an Office Solution?

If your new business is growing and adding team members, odds are you’ve thought about an office solution for your startup business. Working from a home office or at your kitchen table is OK when you’re just starting out. However, as you grow, meeting clients at the corner coffee shop or trying to attract key …

Office Building of the Week: The New York Times Building

Located at the junction of Eighth Avenue and 40th and 41st Streets, The New York Times Building is the 8th tallest construction in The Big Apple, situated in famous Times Square. It serves as the state-of-the-art headquarters of one of the most prominent newspapers in the world, The New York Times. History & Controversies An …

14 Brilliant Event Ideas for Coworking Spaces

Event ideas for coworking spaces don’t always come easily. But a good event could help boost your business as well as build a stronger community. In fact, research reveals more people now value experiences over material things. Some 69% of people believe attending events makes them feel more connected to others. So, we’ve compiled a …

Overview of the Different Types of Commercial Real Estate Leases

Creating a long-term relationship between landlord and tenant begins with using a lease that’s a win-win for both sides. Building owners want to maximize income to boost yields, cap rates, and property value. Tenants look for commercial leases that match their type of business, monthly cash flows, and seasonality. Here’s a list of the five different …

Office Evolution Signs New California Franchise

Colorado-based coworking franchisor Office Evolution is expanding its California presence with a new development deal for coworking spaces in Santa Clara County, Calif. A local husband-and-wife team will own and operate the three new locations, which are intended to service the southwest region of the county. The first space is scheduled to open in early …

How Your Office’s Fluorescent Lights Affect Your Health and Productivity

In the last 40-50 years, the modern office has gone through a number of evolutions. From cubicles to open-plan offices, different layouts come and go, and flexible working practices have shifted from the coworking world into a corporate one. As office trends come and go, one thing remains a constant: the impact of your office …

Top Cities for Startups in the US – Chicago, Phoenix, San Antonio Among Best Large Cities for Early Stage Startups

The top 10 cities for startups in our smaller population bracket include the country’s most (still) affordable cities in which to live and start a business, and which have a budding entrepreneurial scene and diversifying economies.

Coworking vs Traditional Office Space, What Is Best for You?

Coworking spaces have channeled and changed the traditional office space from the moment they were introduced just 15 years ago. While many believe that these hubs mostly target remote workers and freelancers, and traditional office spaces are aimed at companies, in reality, things aren’t so black-and-white. Choosing the office layout that best suits your personal …

Office Building of the Week: One and Two Renaissance Square, Phoenix

Comprised of two red granite towers, the One and Two Renaissance Square buildings form a high-rise complex in downtown Phoenix. The buildings sit at the heart of Phoenix’s commercial business district on a full city block bounded by Adams, Central and Washington streets and 1st Avenue. In 2008, Hines acquired the buildings and in 2016, …

Why Successful CRE Brokers Need Excellent Persuasion and People Skills

Persuasion skills alone won’t guarantee your success in commercial real estate, but they will exponentially improve your odds of getting people to do what you need them to do for best results.

CRE Events to Attend in the Second Half of 2019

The calendar is starting to stack up with a range of exciting Commercial Real Estate (CRE) events to attend in the second half of 2019. Here is an extensive list of the upcoming shows, expos, and CRE events. New England Conference & Deal Making July 16 – 17, 2019, Boston, Massachusetts, U.S. This two-day conference …

15 Top Skills of Successful Commercial Real Estate Brokers

The best CRE brokers are constantly learning, able to analyze market and property data, and know how to work with different people and personality types.

Office Building Prices in the Top CBDs

There are many variables to consider when looking for commercial assets. You may be looking to lease space for your company or to purchase a building outright as an investment. Every market across the country has its own pros and cons, but historically the central business district is where the most desirable office assets lie. …

Medical Coworking Gives Private Practices a New Lease of Life

Niche coworking spaces are gaining popularity and medical coworking is increasingly helping doctors meet their needs and those of their patients in private practices. This is a marked change for the medical industry where doctors traditionally lease space when setting up a private practice. However, over the last few years, private practices are reportedly embarking …

Office Building of the Week: First National Building – Detroit

The First National Building once held the title of Detroit’s tallest skyscraper, and with 69 teller windows, had one of the five largest bank lobbies in the country.

Everything You Need to Know About Commercial Property Taxes

Once the market value of the commercial property has been determined, the assessor will calculate the assessed value of the property by multiplying the market value by an assessment rate. The assessment rate is a uniform percentage that varies from county to county.

EQ Office’s Playa District LA Campus Is Now Open for Business

EQ Office has announced its completion of Playa District, a $32 million renovation of the property previously known as the Howard Hughes Center. The 1.4 million-square foot, 33-acre Los Angeles office campus was completely transformed in order to meet the expectations of today’s tenants. For this project, EQ Office has teamed up with Industrious in …

Facebook in Advanced Talks for 1M SF at Hudson Yards

Facebook is reportedly in advanced talks to take over 1 million square feet of Manhattan office space at 50 Hudson Yards. If completed, it will be one of the company’s largest locations in the world, second only to its headquarters in Menlo Park. It will also establish West Side as one of NYC’s most attractive …

Cubicles Versus the Open Plan Office – Which One is Worse?

Office layouts have changed considerably over the last few decades. We’ve seen cubicles canned in favor of open office layouts (and vice versa). But which one is really best for workers and employers alike? It may surprise you to know, but the open plan office pre-dates cubicles. The open office was originally devised in the …

Why Allowing Work to Invade Your Personal Life Is a Really Bad Idea

Work smarter and more efficiently, in order to satisfy your professional goals without sacrificing your work-life balance, the key to your well-being and the fuel for your success.

Expert Insights: Zac Ruiz of Salt IO talks Big Data in CRE

Terms like “AI”, “big data”, “machine learning” and “predictive analytics” are popping out more and more in today’s commercial real estate landscape. But what impact does the emerging tech have on the industry? We recently had the chance to have a chat with Zac Ruiz, CEO & Founder of Salt IO – a big data …

Blockchain in Commercial Real Estate: Everything Non-Techies Need to Know

Blockchain is used in commercial real estate to electronically verify the data and transactions between two or more people or companies. When applied properly, this data cannot be hacked or lost in the way that paper documents can be misfiled, altered, or stolen.

Expert Insights: Downtown LA Trends with Donegan McCuaig

Having graduated with honors from UCLA in 2006, Donegan McCuaig pursued a career that would combine his passion for working with people and his interest in real estate. He got licensed in California in 2006 and got his brokers’ license in 2009. A veteran on the commercial Los Angeles market, he’s worked in the area …

Wells Fargo Provides a $140M Refi for Pittsburgh’s Nova Place

Faros Properties has refinanced its $127.5 million debt on Nova Place, an office and datacenter complex in Pittsburgh. Wells Fargo has provided the $140 million refinance, to be split between a $71 million CMBS WFCM 2019-C51 tranche and two independent notes. The 10-year loan is interest-only and carries a 4.19% annual rate. Faros acquired 100 …

How to Maximize Your Coworking Space Income

If you want to maximize your coworking space income, you need to pick the right solution for your space. You may only need to tweak a couple of things or you may need to overhaul your existing business model. Before you start making any major changes, however, analyze your coworking space to find out what …

How Do You Get A Real Estate License? Follow These 5 Steps

Unless your state recognizes prior real estate experience from another state, as a new real estate agent licensee you’ll need to “hang your license” with an experienced real estate broker for a couple of years.

6 Signs You’d be Successful as a Real Estate Broker

When it comes to choosing a profession or pursuing a different line of occupation, the first thing you should think about is whether you have a passion for it. A lot of people choose real estate careers because the craft can be learned rather quickly, the business is ever-changing so it rarely gets boring, it …

Ranked: Best 20 US Cities for Startups and Entrepreneurs

Startups create most of the new jobs in this country every year, having a direct impact on the economy of the cities they choose as their homes. From “nonemployer firms,” in which the owners wear all the hats, to unicorn exits that revolutionize industries, they all, in turn, depend on the business environment in which they grow. Read on to find out which 20 U.S. cities stand out as the most fertile ground for startups, and learn about their particular strengths.

5 Steps to Build a Solid Commercial Real Estate Marketing Strategy

Thrive by differentiating yourself and your business from everyone else in your market. Follow these five steps to build a solid commercial real estate marketing strategy that will help you get more prospect leads and close more deals.

Top 7 Common Commercial Real Estate Marketing Mistakes to Avoid

Three examples of creating high-quality content for your CRE marketing campaigns are focusing your message on what you can do for them (instead of talking about yourself), using drone videos to showcase the panoramic vistas your listing offers, and virtual reality to make floor plans and space layouts easier to visualize.

Why You Should Maintain Good Desk Hygiene at All Times

In today’s productivity-oriented work culture, office hygiene is something that is not only grossly overlooked but also rarely ever thought about. People usually leave these things to the hired cleaning staff, despite the fact that they are responsible for constantly infecting their desks with germs and bacteria. We know what you’re thinking: your desk looks …

CommonGrounds Workplace Signs 10-Year Lease in Seattle

CommonGrounds Workplace inked 31,781 square feet of space at 1100 Dexter Avenue North, a five-story office building in Seattle’s buzzing South Lake Union neighborhood. The coworking company signed a 10-year lease, which encompasses the first floor, as well as a portion of the second level in the building. Originally completed in 1997, the brick-and-glass property …

Why Your CRE Blog Needs a Content Strategy (and How to Devise One)

Your commercial real estate blog is a vital tool to help promote your listings online. But if you want to set your blog apart from the rest, a content strategy is a must-have for your business. In 2018, the most successful B2B marketers reportedly spent 40% of their budget on content marketing. What’s more, you …

15 Top Sports Facilities Management Tools

When it comes to running a business, technology has given us an abundance of options to simplify the management process. With the help of a user-friendly phone app or a synced calendar we can be aware of the schedules of our peers, track performances, and tackle daily organizational tasks with ease. Entrepreneurs running sports facilities …

Office Building of the Week: Colorado State Bank Building – Denver

This week we look at Denver’s Colorado State Bank Building, a Class A office highrise completed in 1980, which nabbed $111M in a transaction closed earlier this year.

Why It’s Important to Make Friends at Work

People who have regular jobs spend the majority of their days at work. A recent study conducted by the Bureau of Labor Statistics has found that we spend over 8 hours doing work and work-related activities on any given weekday, nearly equaling the time spent on personal care, which also includes sleep! This means that …

Top 10 Best Commuter Towns Near Chicago

Last month, we ranked some of the best commuter towns near Boston by looking at four distinct indicators: commute time, housing values, school ratings and crime rates. We’ve applied a similar methodology to highlight ten of the most attractive neighborhoods for Chicago commuters. A study by Educated Driver measured the average time on the road …

How to Use LinkedIn for CRE Marketing

From using video content to promoting your online listings, commercial real estate marketing can become pretty complex. When it comes to social media, LinkedIn is one of the most important tools to use. There are thousands of prospects with LinkedIn accounts, but finding those potential leads and transforming them into your next professional opportunity can …

8 Team Building Companies for a Better Community Atmosphere

Investing in team buildings and forming a lively, fun community atmosphere for employees should be every company’s top priority. While many regard it as an unnecessary and costly investment, in reality, happier and more fulfilled staff members are much more enthusiastic, productive, and motivated at their jobs than employees who are not part of such …

15 Awesome Hiring Platforms for Freelance Professionals

Are you tired of the traditional 9 to 5 grind? Have you been toying with the idea of trying to make it work on your own? Would you like some additional income by taking on a few extra projects outside your workplace? Are you interested in working as a freelance professional? If you answered “yes” …

5 Coworking Hotels for the Digital Nomads

Freelancing and digital nomadism have taken the professional world by storm in the past decade, with many people choosing flexible work that allows them to travel and to have a healthier work-life balance than a traditional 9-to-5 job would give them. Younger generations are especially keen to sign up for this new way of working, …

Expert Insights with Joe Killinger: Companies Should Look towards Transparency

For our latest entry in our Expert Insights series, we had the pleasure of sitting down with Joe Killinger, experienced broker and partner at Commercial Brokers International. With over 25 years of experience in both residential and commercial real estate, Joe was directly involved in selling and marketing over 5,900 assets, closing transactions amounting to …

Spaces Inks More Space in Miami

Coworking company Spaces has signed a 51,064-square-foot lease in Miami, further expanding its footprint in the region. The firm inked its new spot at 1111 Lincoln, an office, retail, and garage complex located in South Beach. Designed by Swiss architectural firm Herzog & de Meuron, the building is positioned at the corner of Alton and …

Coworking vs Makerspace – Which One Is for You?

With more than one-third of the US population being part of the gig economy, we can safely say that freelancing and remote working are on the rise. In fact, experts proclaim that this number will double by 2028, as freelancing will slowly but surely become the new norm in the workforce. This group of independent …

6 Innovative Materials Reshaping the Future of Office Construction

It’s an exciting time to be part of the construction industry. With commercial buildings being one of the major sources of carbon emissions in the U.S., many architects, designers and engineers have taken up the challenge to create greener, more energy-efficient alternatives to widely-used materials. Some innovators improve on existing formulas and processes in the …

Google Fetches Meatpacking District Office for $600M

Google expanded its office footprint in New York City with the acquisition of the 325,000-square foot Milk Building from Jamestown. Built in 1936 and located at 450 West 15th Street, the Meatpacking District office space sold for $600 million, or $1,846 per square foot. The transaction was mediated by Cushman & Wakefield’s Doug Harmon, Adam …

Office Building of the Week: The Widener Building

Located at 1 South Penn Square at the very heart of Philadelphia, the Widener Building is an emblematic architectural gem that has been a key part of the cityscape for over a century. The iconic edifice was designed and built by Horace Trumbauer, a local builder-planner, and hailed today as one of the most prominent …

Industrious Sets Up Shop in San Diego

As part of its expansion plan, premium flex space provider Industrious is opening new offices in several cities in the United States. In partnership with Seritage Growth Properties, the coworking company will bring premium workspaces to five locations within the Seritage portfolio. The first location to open is in La Jolla, California. Industrious’ first lease …

Expert Insights: Brian Johnson Talks California Commercial Market Trends

General Manager and Senior Associate at Radius Commercial Real estate, Brian Johnson is the latest expert to share his insights with us. Brian started his career in commercial real estate in 2002, serving the Central Coast where he has completed a high number of both sales and leases. In 2012, he shifted towards property investment …

Is Augmented Reality the Future of RE Marketing?

With the fast-paced evolution and ever-changing nature of social media and technology, marketers need to constantly keep track of trends in order to provide inventive, memorable services to their clients and their customers. It also helps to foresee future tendencies that may offer groundbreaking approaches and provide entirely new costumer experiences. When it comes to …

Top 10 Best Commuter Towns Near Boston

According to a study conducted by INRIX, Boston is the 14th most congested city in the world, ahead of Istanbul and just behind D.C. Those driving into Boston spend around 60 hours stuck in traffic yearly, with I-93 southbound from Albany Street to Furnace Brook Parkway being the most congested stretch of road. Furthermore, the …

The We Company Files to Go Public

Early last week news broke that The We Company filed for its initial public offering, which means the WeWork, WeLive and WeGrow will soon become a publicly traded entity. WeWork originally submitted its Form S-1 with the SEC back in December 2018. Since its 2009 launch, WeWork has grown from one workspace in Manhattan into …

A 9-to-5 Schedule Is Enough—Here’s Why You Should Never Work Overtime

In the endless “hustle culture” that we are currently part of, it sometimes seems that working hours never stop. Freelancers, entrepreneurs and other professionals who are carving out their own paths emphasize the importance of working hard and long hours in order to succeed. But what about those who work conventional jobs and have a …

How to Efficiently Move Your Business to a New Location

According to long distance movers in Plano, TX, for any business owner, relocating your business can feel like an incredibly overwhelming task. After all, to keep operations running smoothly and continue delivering top-notch service to your customers, you need to make a quick and efficient transition. To minimize stress, a successful moving process requires careful …

7 Signs Your Property Website Needs An Upgrade

Technology is continuously evolving, and quite often the number of changes seems so great that it becomes harder and harder to keep up with the pace. We know it can be quite overwhelming sometimes, but if you’ve already invested in a property website for your business, the least you could do is keep it up-to-date. …

Texas Skyscrapers: Evolution of the Downtown Austin Skyline

Over its 180-year history, Austin has grown from a settlement of fewer than 1,000 people to one of the country’s most vibrant metros. Check out the timeline-mapped rise of Downtown Austin’s skyward buildings, starting with the Texas State Capitol building.

How to Handle Competition in a Coworking Office

Coworking hubs are slowly but surely becoming the new norm when it comes to office spaces. As the number of freelancers, budding entrepreneurs and small business owners increases world-wide, shared office spaces are currently the most popular choice among young professionals looking for a well-equipped and functional place to work from. Thanks to their airy, …

7 Ways To Achieve A Better Work-Life Balance

In today’s hustle culture where busyness and workaholism are constantly being glorified, it’s getting harder and harder to achieve a balance between our work and our personal lives. The monster known as ‘social pressure’ is breathing down our necks, constantly reminding us that we need to do more, be more and strive for more. It …

4 Simple Strategies to Retain Your Coworking Members

What do you do to retain your coworking members? While many spaces focus on attracting new members, it’s important to retain your existing members too. This is sound advice for any business. Research reveals increasing customer retention rates by as little as 5% can increase your profits by between 25% and 95%. So, what can …

Industrial Real Estate Sales in South Carolina: A 10-Year Retrospective

We recently looked at the biggest industrial projects set to come online in 2019 and came up with a list of 10 promising U.S. industrial markets that are worth betting on. Among those 10 markets was South Carolina, which is expecting more than 7 million square feet of new industrial space to be delivered by …

Check Out These Great Corporate Volunteering Opportunities in Austin

Corporate volunteering emerged as an extension of corporate social responsibility in the early 1990s and was meant to improve companies’ public image and boost employee engagement. With many employers vying for top Millennial talent in a tight labor market, partnerships with non-profit organizations to improve local communities or help with humanitarian efforts overseas have become …

Too Busy for Breakfast? Here’s Why You Shouldn’t Skip It

We currently live in a society that somewhat glorifies busyness and values productivity and work results above everything else. In this hustle to make ends meet on a daily basis, we sometimes skip important daily rituals just to save a little bit of time, get out of the house sooner or focus on other tasks …

How to Manage Bad Online Reviews for your Coworking Space

You always thought that it would never happen to you, but it just did. Your coworking hub received its first negative online review. At first, you don’t believe that anyone could be so mean. Then you try to ignore it, but it doesn’t go away. The truth is that deleting it is not the answer …

Office Building of the Week: Pioneer Building – Brooklyn, New York

Original cast iron columns, barrel vaulted ceilings, and decorative brickwork have been masterfully preserved during the adaptive reuse renovation of this 100+-year-old Brooklyn gem. Check out the full story on our building of the week.

Expert Insights: Marcos Puente on Retail Market Trends in 2019

Over the past years, the retail market in the United States has been growing at an accelerated pace. With technology advancing and the needs of the consumers changing, the retail sector seems to be more alive than ever. To get a better overview of the industry and some valuable insights, we had the pleasure to …

How To Do Social Media Right As A Broker

Social media offers an entire world of opportunities for individuals and business owners alike, and commercial real estate agents are not an exception. As a real estate agent, you can take advantage of social media’s prowess by keeping in mind a few key notions and implementing some tactics along the way. Although various channels, such …

10 Ways to Encourage Networking at Your Coworking Space

Coworking is a great way to inspire communication and innovation. But if you want to encourage networking at your coworking space, there are plenty of different options to choose from. Before you start to encourage networking in your coworking space, you need to make sure you align with your space’s culture and aspirations. Every space …

2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space

Since 2009, the U.S. economy has had more than 110 consecutive months of growth, making this the second longest economic expansion since the Great Depression. After a rather tepid 2017 performance, the U.S. office market gathered some steam in 2018, adding 76 million square feet of new office space and completing roughly 396 new projects …

The 5 Worst Lead Generation Mistakes in Commercial Real Estate

Lead generation in commercial real estate takes both time and money. Once you have the leads coming in, don’t squander them by making these mistakes.

8 Things Your Corporate Office Can Learn from Coworking Spaces

Enterprises are hopping on the coworking bandwagon–and for good reason. Coworking spaces can enable innovation, collaboration, and teams of remote workers to stay connected without relocating to your corporate headquarters. But just because a coworking space is not the right solution for your business doesn’t mean you can’t learn a thing or two from these …

Your First Day At A Coworking Space: What To Expect

The first day at a new coworking space is somewhat similar to the first day at a new job. You’re not entirely sure what to expect as you step inside the building, trying to ignore the butterflies in your stomach. You don’t really know anyone aside from the guy who showed you around during the …

How to Make Your Commercial Real Estate Listing Stand Out for All the Right Reasons

Millions of square feet of commercial real estate space for sale or lease are marketed every day. Check out these 10 quick tips on how your listing can stand out.

How to Best Use Video in Commercial Real Estate Marketing

Success in a highly competitive industry demands edgy marketing. If you haven’t already, here are a few pointers on how you can easily incorporate video in your commercial real estate marketing campaigns.

7 Things To Ask When Touring a Coworking Space

In pursuit of finding the best coworking hub that matches both your personal needs and business goals, you’ve likely spent long hours in front of your computer doing thorough research. While this is one of the most important steps in finding the shared office space of your dreams, you should never underestimate the next substantial …

Top Tips for Great Commercial Real Estate Photography

Visuals can make or break your commercial real estate listing. Take the time and put up the money to make sure your property is presented in the best way, to best serve your time and your client’s interest.

8 Low-Budget Ideas for an Office Makeover

Thinking about completely remodeling your office space but don’t know where to start? Interested in doing a complete makeover but don’t want to bust your budget on renovations? We totally get it and we’re here to help! While it’s fully possible to spruce up your office space without hiring professional help, it’s important to know …

US Industrial Pipeline | The 10 Largest Projects Coming in 2019

The U.S. industrial real estate market had a solid year in 2018 and has continued to strengthen through the first quarter of 2019. Industrial rents are on an upward path, while the construction pipeline is robust and development is spurred on by the e-commerce sector. In terms of development, 2019 is poised to bring continuity …

23 Great Office Lunch Catering Companies in Austin

By Antony Kimaiyo Austin is globally regarded as a hub of innovation and progress due to its competitive workforce and leadership in a number of industries, including technology, education, and food. In addition to outstanding restaurants, Austin’s wide array of catering choices offer an excellent way to treat your colleagues, staff or business partners to …

Deloitte 2019 Commercial Real Estate Outlook: Key Facts, Findings, Recommendations for CRE Professionals

Deloitte Center for Financial Services surveyed 500 global institutional investors to learn the key factors influencing their investment choices. Here is the essential CRE breakdown of the Deloitte 2019 outlook report.

Here Are The Niche Coworking Spaces Gaining Popularity

Whether your work in cannabis or construction, niche coworking spaces are on the rise. These spaces are tailored to meet the needs of specific industries, demographics, lifestyles, genders or personal tastes. With an estimated eight new coworking spaces opening every day, niche coworking spaces stand apart from the other generic workspaces flooding the market by …

Will Opportunity Zones Benefit Distressed Neighborhoods? A Look at Past Tax-Deferment Plans

Since the Investing in Opportunity Act became law in December 2017, anticipation has been building around this new private equity tax incentive. Opportunity zones are showcased as a vehicle through which capital gains would be reintroduced into the economy before they are realized by directing them towards underdeveloped neighborhoods across the U.S. We think that …

What is Lead Generation and How Can It Help CRE Agents?

What’s your lead generation strategy? If you’ve not heard of this marketing process, you could struggle to grow your customer base and you might not stand out from the competition. What is lead generation? Lead generation is a marketing process where interest in your CRE business is created and nurtured to push potential customers on …

How to Ensure a Smooth Office Relocation

With the right plans and procedures in place, an office relocation is an exciting opportunity for any business. However, research reveals that relocating is the second most stressful task for small business owners, after hiring new staff. If you want to make sure your office relocation goes smoothly, here are our 11 top tips: 1. …

9 Essential Elements Every Broker Website Needs

In today’s online world, a broker website is a necessity. It forms the foundation of your online presence, giving your clients a space to find and explore your business. Almost two-thirds of small businesses now rely on websites to connect with customers. So, you need to make sure your broker website stands out from the …

How to Prepare for a Meeting in a Rented Meeting Room

Meeting rooms are a vital part of the entrepreneurial world and can truly make or break a business deal. They need to offer the perfect, well-equipped setting to set the mood for a positive outcome, but despite this, their contribution to fruitful business transactions often goes unnoticed. Although conference rooms are a given at large …

How Your Sleep Patterns Affect Your Productivity

Sleep and productivity go hand in hand. Though you might think sleeping less means more hours to work, you could actually do better if you sleep better and make the most out of your waking hours. Why Sleep is Important to Productivity Getting a good night’s sleep is one of the most important things you …

Work-Life Balance Survey: Gen Z, Millennials Are the Unhappiest Generations

We live in a time when the hustle culture is on the rise, work-life balance is considered a myth and #TGIM is trending on social media. Workplace stress contributes to at least 120,000 deaths each year and accounts for up to $190 billion in health care costs, according to research conducted by Stanford University. Despite …

Office Building of the Week | 1K Fulton, Chicago

The 1K Fulton building is located in Chicago, perhaps unsurprisingly, at 1000 W. Fulton St. The property was originally built in 1923 as a cold storage facility for the Fulton market. After decades of use–and disuse–impressive stalagmites and stalactites formed on the ceilings and floors of the building. While the effect was dramatic, it wasn’t …

Coworking vs Traditional Offices: Which Are More Environmentally Friendly?

At a time when climate change and global warming seem like imminent consequences of global mass consumerism, environmental consciousness is stronger than ever. Many individuals, various organizations and even some large international corporations have started taking steps to combat this issue with a variety of practices in the hopes of slowing down the process and …

Renting a Meeting Room: Make Sure You Have These Things Before You Book

For those meetings that cannot be emails, make sure you get the best results and make most of the time and cost. Here is your checklist of essentials, with which to always put together a constructive, satisfying meeting that all participants appreciate.

Iconic Chrysler Building Sells at a Discount Price of $150M

At the beginning of 2019, the Chrysler Building, one of the most prominent landmarks in the world, was announced to have hit the market for a new owner. As previously reported, The Abu Dhabi Investment Council, which owned a 90 percent ownership stake in the property, together with longtime New York developer Tishman Speyer, decided …

Office Building of the Week: 10 Hudson Yards – NYC

As the massive Hudson Yards development in West Midtown pushes on, Related Cos. and Oxford Properties Group deliver more striking additions to the NYC Skyline. This week we look at 10 Hudson Yards, the first completed skyscraper of the megaproject.

6 Architecture Firms that Design Miami Office Space

In today’s article we’re shining some light on some of the most influential architecture firms in Miami which specialize in developing impressive office spaces not only in Magic City, but in other parts of the U.S. as well. All these companies have made a name for themselves by continuously upping the ante with their clever …

5 Bad Habits That Make You Feel Tired at Work

Do you constantly feel tired at work? The good news is, you’re not alone. The bad news is that, according to research, 43% of U.S. workers are too tired to function at work because they don’t get enough shuteye to conduct their roles and responsibilities. If you feel tired at work, the obvious solution is …

2018 California Office Sales Report—LA, SF on Cooldown, Stability in the Bay Area and Orange County Markets

More than 55MSF changed hands across California office markets in 2018, totaling over $20B in sales. Cooler trends prevailed, as sales slowed and markets saw more stability throughout the year. Development was driven by the tech sector and construction is decidedly getting greener.

Study: Top Counties for Opportunity Zone Investment

The Investing in Opportunity Act (‘IOA’) had gone under the radar for several months after it was passed as part of the Tax Cuts and Jobs Act of 2017, until it eventually captured the attention of investors last year. The program proposes tax incentives that could redirect dormant capital gains into under-developed communities, designated as …

Minneapolis 1.1M SF Office Campus Hits the Market

According to an article recently published by the Twin Cities Business Journal, San Francisco-based real estate investment company, Shorenstein wants to market the 1.1 million-square-foot Washington Square office complex it currently holds title to in downtown Minneapolis. The source, who chose to remain anonymous, revealed that the property is marketed as a three-building package deal, …

The Benefits of Automation for Your CRE Business

Automation is everywhere. From self-driving cars to chatbots, our products and services are embracing automation to streamline a vast range of processes usually carried out by humans. The CRE market is starting to adopt automation across a range of processes. Research reveals an estimated 41% of CRE firms are already using automation for benchmarking and …

Office Dress Codes – A Thing of the Past?

Each morning before we go to work, we think about the clothes we want to wear that day. We want our look to be appropriate, not too austere, but at the same time we want to be taken seriously, giving off vibes that hint about our professional attitude. Also, maybe we wouldn’t want to compromise …

Amazon Nixes 722K SF Seattle Office Lease

E-commerce juggernaut Amazon seems to be reluctant about sticking to its plans. According to a Seattle Times article, the company will no longer occupy the office section of the 982,000-square-foot Rainier Square Tower currently underway in Seattle’s central business district. On February 14th, the company released a statement announcing its HQ2 withdrawal from Long Island …

Office Building of the Week: One American Center

  One American Center was the tallest building in Austin upon its completion in the mid-eighties and is currently the 8th tallest skyscraper in The Live Music Capital of the World. With its distinctive three-tier tower, it is an emblematic part of the city skyline and currently holds the title of the third-tallest office building …

Company Spotlight: CBRE

CBRE is a large-scale commercial real estate services and investment firm. It offers an extensive range of integrated services and strategic advice to its investors and occupiers, across a variety of property types and industry sectors. These services include facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; …

How to Choose the Perfect Virtual Office Space

A virtual office space can provide your organization and staff with a wide range of services, even if you don’t run your day-to-day operations there. These services vary depending on the business you’re in and the type of virtual office you choose. Virtual office spaces are mainly used by businesses with a high proportion of remote …

Top Tips for Choosing Management Software for Your Coworking Space

Having the right coworking management software can make your life a lot easier. Here are some essential tips on how to find the best match for your business.

Company Spotlight: Vornado Realty Trust

Founded in1982, launched as an REIT on the NYSE in 1993. The S&P 500 company now employs 4,000 people and manages over 20 million square feet of office and retail space in key markets.

5 Signs You’re in the Wrong Coworking Space

In the fast-changing world of office culture, remote working and shared office spaces have quickly become quite established. Similarly to the way cubicles took the world by storm in the late ’60s and were integrated into every major firm, coworking spaces are following a comparable pattern, and seeing new ones opening their doors for the …

Amazing Coworking Offices in the Northeast That Provide Childcare Services

Ever since the financial crisis, a growing number of workers have seen their schedules become increasingly flexible, as many have either turned to freelancing full-time, taken on a second job or are looking to launch their own business. Coworking offices have sprung up throughout the nation, catering to different needs and servicing ever more niche …

What Commercial Brokers Need to Know About SEO

By Matt Edstrom, Chief Marketing Officer at GoodLife Home Loans SEO is one of digital marketing’s most intricate and nuanced elements. It can be complicated and difficult to understand, but it’s also a powerful tool that can be used to drive traffic and increase search rankings. Research has shown that 75% of Internet users only …

A Short History of Coworking

Twenty years ago, coworking didn’t really exist, yet somehow today there are between two and three million coworkers (not co-workers) heading off to their shared workspaces all around the globe. The coworking revolution didn’t take very long, going from nothing to a worldwide phenomenon in less than two decades–which is pretty impressive. It also appears to …

7 Top Tips to Keep Your Eyes Healthy in the Office

If you spend your time staring at a screen, it’s important to keep moving and keep your eyes healthy in the office. But it’s also easy to forget to look after them if you’re busy and snowed under at work. So, here are seven tips to help you reduce strain on your eyesight and keep …

Office Building of the Week – Googleplex, Mountain View, CA

With a name like the Googleplex, it may come as no surprise that this office building in Mountain View, Calif., is the corporate headquarters of tech giant Google. The Googleplex, located at 1600 Amphitheatre Parkway, is the company’s largest collection of buildings featuring more than 3 million square feet of space. Charleston Park, a city park …

Top 10 States for LEED Green Building in 2018

In 2017, Washington D.C. was declared the world’s first LEED-certified city. Check out the ten U.S. states that best followed the sustainable building path.

How to Get Some Exercise At the Office Without Feeling Weird

Researchers proclaim that sitting in one place for extended periods of time days on end can lead to serious health problems in the long run. Heart diseases, a higher risk of diabetes and mental health issues like depression and anxiety are merely a few of the many problems stemming from staying seated for 8 hours …

How PropTech is Disrupting the Commercial Real Estate Industry

Smart building systems have already made their mark in commercial real estate around the globe. Check out how else PropTech is positively disrupting the industry.

The Midtown Manhattan Skyline—From Scattered Farms to Glimmering Skyscrapers

Follow our skyline evolution series with New York City part two – the rise of Midtown Manhattan, in which we map the rise of skyscrapers at least 500 feet tall between 14th and 59th streets. Read about the one-of-a-kind visionary street grid laid out in the 1800s, the history of how Midtown grew into it, and how the most recognizable skyline in the world came to be.

Miami’s Top 10 Office Sales of 2018

Last year, Miami office sales volume reached $858 million across its top 10 transactions and the market’s largest transaction nearly made the list of top 50 U.S. office deals. The Sabadell Financial Center’s $248.5 million sale came in just under a $255 million deal for an Oakland office building. Coincidentally, both properties were purchases made …

Company Spotlight: Tishman Speyer

Tishman Speyer is a New York City-based firm which was founded in 1978 by the American real estate developer Robert V. Tishman and his son-in-law, Jerry I. Speyer. Together they established and grew one of the largest real estate companies in the United States, which operates, owns and develops office buildings not only in their …

Has Coworking Changed the Way We Book Meeting Rooms?

How many times have you sat in a meeting and wished you were somewhere else–or maybe anywhere else? Meetings are often regarded as a necessary evil by many workers. They take too long, are often unnecessary, and they fail to stick to the agenda, if there is an agenda in the first place. Such complaints …

The Top 10 Office Sales of 2018 in Atlanta

We recently conducted an analysis looking at the biggest U.S. office sales of 2018, and while many of these sales closed in pricey and popular markets like New York, Boston, Chicago, or Seattle, one Atlanta deal also managed to sneak in: the $268 million sale of Three Alliance Center was the 48th largest office transaction …

Office Building of the Week: Willis Tower, Chicago

The tallest building in Chicago and the second-tallest in the U.S., Willis Tower is a recognizable staple on the Windy City skyline and the crown jewel of the Chicago school of architecture. Built in 1973 to serve as the headquarters for Sears Roebuck & Co., Willis Tower–back then known as the Sears Tower–held the title …

Why You Should Promote Your Listings On CommercialCafe

Market your listings, promote your profile, manage your CRM and get your industry news all on CommercialCafe! Check out all the benefits and sign up today!

Akridge, Stars REI Deliver 1101 Sixteenth in Downtown DC

Akridge and Stars REI delivered the trophy office building at 1101 Sixteenth St., in Washington, D.C., earlier this week. The spec project has yet to sign any tenants, though leasing interest has been significant.

The Top 10 Office Sales of 2018 in Philadelphia

Earlier this year, news broke that the iconic Philadelphia office tower known as BNY Mellon Center was to sell for a record $452 million. A joint venture between New York-based Silverstein Properties and the Arden Group is set to pay roughly $350 per square foot for the 54-story tower at 1735 Market St., the highest …

Top 50 US Office Sales Of 2018: Google Sees Bicoastal Growth

$24 billion worth of assets changed hands in the top 50 biggest office deals to close in 2018. Google, Disney, Samsung mingled with established top CRE players. Check out the full list and read up on last year’s most notable U.S. office investments.

A Comprehensive Guide on When, What, Where, and How to Outsource for Your Real Estate Business

By Derek Gallimore, CEO at Outsource Accelerator The real estate industry has embraced outsourcing for a long time now, and it has helped thousands of real estate agents and brokers manage their agencies effectively. Since then, it has become an investment option for growing real estate businesses that can’t keep up with the demand of …

The Pros and Cons of Standing Desks

In today’s technology-governed world, where most jobs require sitting in front of computer screens all day long, we often don’t even realize how sedentary our lives have become. Compared to the 1960’s, when at least half the jobs in America came with at least some form of physical activity, nowadays less than 20% of the …

10 Architecture Firms That Design Austin Office Space

In today’s article, we’re taking a tour of the finest architecture firms in the Texan capital, which specialize in sketching and constructing office buildings. These Austin office space gurus have made an impact on the local architecture scene, not only by perpetually coming up with clever designs and appealing layouts but also by landing some …

7 Reasons Why Coworking Offices Might Not Be for You

By now we’re all pretty well aware of the wide range of undeniable advantages and opportunities coworking office spaces can offer remote workers, freelancers and small business owners. But we also know that though the benefits are many, there’s no one-size-fits-all environment when it comes to finding the best place to work from. Even if …

Office Building of the Week: General Electric Building – NYC

Tucked behind St. Bartholomew’s Episcopal Church, the GE Building’s tower serves as its unofficial campanile, boasting what may be the most original and attractive skyscraper roof in the world.

Company Spotlight: Hines

Founded in 1957, the company operates in 24 countries and has $116.4 billion of assets under management. Over the firm’s 62-year history, Hines has developed, redeveloped or acquired over 1,300 properties with a total of more than 431 million square feet of space.

Google Expands Boston Footprint with Long-Term Kendall Center Lease

Google signed a 15-year lease with Boston Properties, anchoring the redevelopment of 325 Main St. at Kendall Center in Cambridge, due for 2022 completion.

Colliers Report: An Uncertain Future for the Flexible Workspace?

The flexible workspace sector is starting to impact the commercial real estate world as more providers and business models enter the market, according to a recent report. The market is growing at a compound annual growth rate of almost 50% in the U.S., with flexible workspaces accounting for one-third of office leases in the last …

7 Inspiring US Coworking Concepts

In an increasingly entrepreneurial economy, flexible workspace has grown rapidly to account for one third of office leasing in the last year and a half. Check out these 7 unique U.S. coworking spaces and brands that still stand out and inspire!

Altus Group CRE Innovation Report: PropTech Changes And Market Trends

CRE is evolving rapidly, through adopting emerging technological solutions. The Altus Group recently released its CRE Innovation Report, which tracked how and why tech and AI are being employed in commercial real estate, around the world.

5 Tips for Avoiding Sick Building Syndrome

By Bruce Leghorn If you think work is making you sick, you might be right. We’re not talking about being sick of work, but rather sick from work. First recognized in the 1980s, sick building syndrome usually affects everyone in the office. You and your colleagues may find yourselves suffering from mysterious headaches, respiratory irritations, …

Office Building of the Week: Merchandise Mart, Chicago

Located at the junction of the Chicago River’s two main branches, Merchandise Mart has been one of the most iconic buildings on the Windy City skyline since its construction was finalized in 1930. With over 4 million square feet of floor space spanning two city blocks and boasting 25 stories, it was the largest building …

Company Spotlight: Brookfield Office Properties

Brookfield Office Properties now has one of the biggest footprints in Manhattan, operating more than 23 million square feet of space, and another two million square feet under construction.

Where Can You Find Coworking Spaces Online?

When in search of a coworking hub where you can base yourself and let your creativity flow freely as you advance your business, it is crucial to find a place that is in line with your core values and long-term objectives. Luckily, today’s coworking scene is filled to the brim with a myriad of options …

12 Best Planning and Organizing Apps Every Freelancer Needs

When you first become a freelancer, you’re probably over the moon to have the liberty of finally being your own boss. Once reality starts kicking in and you develop your daily routine, however, you’ll quickly realize that you alone are responsible for every element of your business, from tracking finances and marketing your skills to …

What Are Smart Cities? Some Facts and Examples

Smart cities incorporate the internet of things and smart tech throughout their structure, to improve the overall quality of life and business. Check out what makes a city “smart” and which U.S. cities are already doing it right.

CBRE Report: What Are the Property Value Implications of Flexible Space?

What are the property value implications of flexible office space for today’s U.S. market? A recent report has revealed several key insights regarding today’s dynamic marketplace, where corporate and niche spaces are claiming an increasing proportion of the country’s real estate industry. The latest report from CBRE, dubbed US Property Value Implications of Flexible Space, states: “The …

5 Free Ways to Promote Your Commercial Listings Online

Bringing together many different components to promote your commercial listings can often be the key to a successful marketing campaign. While print advertising is still a popular choice for many brokers, the digital world can help you stand out from the crowd and reach a wider audience. The good news is, you don’t need to spend …

The Best Noise-Canceling Headphones for Getting Work Done

Noise-canceling headphones are a Godsend if you’re surrounded by loud coworkers or face a noisy commute. The good news is that there are plenty of noise-canceling headphones on the market to block it all out. Listening to music at work can also boost your productivity, all the more reason to consider investing in a solid pair …

How Space As A Service Is Transforming The Commercial Real Estate Industry

The coworking office model is addressing flexibility needs of the white-collar office sector that are long overdue. In doing so, coworking is also reshaping the CRE industry as a whole. Check out how:

EQ Office Sheds Washington Office Campus for $51M

TPG Capital, a San Francisco-based investment company, has recently snapped up Canyon Pointe, a two-building campus in Bothell, Wash., for $51 million. Office portfolio giant EQ Office, which is wholly owned by Blackstone Group, sold the Class A property in January 2019 at approximately $290 per square foot. Located at 22309 and 22213 30th Drive …

10 Grand Central Welcomes New Tenant – The Week

Marx Realty announced in a recent press release that media company The Week Publication has leased 12,000 square feet of office space at 10 Grand Central in Midtown Manhattan. Completed in 1931, 10 Grand Central is a 35-story building that already houses several United Nations-affiliated offices and a myriad of other prestigious tenants. Previously known …

Company Spotlight: Sterling Bay

Today’s article shines light on one of the leading real estate investment firms in Chicago, namely Sterling Bay Companies LLC. The corporation is based in Windy City and started out in 1986 with only its two founders, Craig Golden and Scott Goodman, at its helm. The entire business venture began quite humbly, with the purchase …

Office Building of the Week: US Bank Tower, Los Angeles

The U.S. Bank Tower is a 75-story, 1,018-foot tall skyscraper that dominates the Los Angeles skyline. It’s often called the Library Tower by locals because of its association with the historic Central Library of Los Angeles, which sits across the street from it. Now the third-tallest building in California and the second-tallest in L.A., the …

Opportunity Zones: What They Are, How They Work, And How To Invest

What are the differences between a 1031 tax-deferred exchange and an Opportunity Fund investment? How To Use Opportunity Zones To Defer And Exclude Capital Gains Tax? Where To Find Qualified Opportunity Zones? We provide the answer to this, and more!

7 Tips for Keeping Germs at Bay and Staying Healthy in the Open Office

The cold and dark months of winter usually present ideal conditions for cozying up in the comfort of our own homes to read a book, binge-watch a TV show or spend quality time with our loved ones indoors. During this time, we rarely feel the need to go out into the wet and bitter cold, …

Zoning Laws: A Practical Guide To Understanding What You Can And Can’t Do

Check out our basic guide to zoning: types of zoning, zoning compatibility, allowances and limitations, rezoning or favorable zoning application process, and more.

4 Coworking Spaces Fit For Designers And Creatives in Miami

By Antony Kimaiyo While nearly all coworking spaces feature fully-serviced offices, certain features will make a workspace stand out for designers and creatives. For example, creatives often find inspiration working in a space with a vibrant community, an inspiring work environment, and creative amenities. Take a look at the following 4 coworking spaces fit for designers …

4 Coworking Spaces That Welcome Austin Designers & Creatives

By Antony Kimaiyo Most coworking spaces provide members with shared resources, cheap office space, a place to collaborate, and a sense of community. But if you’re a designer or a creative looking for shared office space, you might require a few other resources such as a space to arrange flowers, a CNC router for fabricating designs …

2018 Texas Office Survey – 40% of Workers Think Parking Is the Most Attractive Perk

The Lone Star State has seen massive increase of its working-age population, and is home to an exuberant tech scene. What does all this fast-paced change look like for Texas office workers? Are companies upping their game by offering more perks in order to attract and to keep employees happy? Following our previous U.S.-wide office …

Office Building of The Week: Wrigley Building, Chicago

The twin towers of the landmark Wrigley Building, constructed by chewing gum magnate William Wrigley Jr. as the company headquarters, are the gateway to the magnificent mile. Check out more about this week’s selected office building.

Does the 4-Hour Work Week Really Increase Productivity?

12 years ago an American writer named Timothy Ferriss took the entrepreneurial world by storm with the publication of his first book, entitled “The 4-hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich.” The self-help book sold more than 1.3 million copies worldwide, was translated into more than 35 languages and spent over …

Company Spotlight: Premier Business Centers

Premier Business Centers is one of the largest privately owned operators in the flexible workspace industry. It provides more than 1.5 million square feet of coworking space and serves more than 15,000 clients daily.   With more than 90 locations across the U.S., it offers 24/7 access to its range of services. These include private …

Revealed: The Great Flexible Working Gap

There’s something wrong with the way we work. We’re living in technologically advanced times of accelerating connectivity and demographic shifts. Yet, there is a “significant gap” between the supply and demand for flexible working, according to a recent report. “People are working longer hours with less time to take care of themselves and those they …

How Are Market Value And Assessed Value Different In Commercial Real Estate?

Understand the difference between the market value and the assessed value of commercial property, how each is calculated, and why each is important.

Yardi Matrix Special Report: How Coworking Is Disrupting The Traditional Office

Coworking space in the top 20 U.S. office markets increased 62% Y-o-Y, from 27 million square feet in Q4 2017 to 44 million square feet in Q4 2018.

Coworking with Childcare – Why Is It Important?

Over the course of 20+ years since the first shared office spaces started popping up all over the world, the coworking industry has gone through its fair share of changes. The first offices with flexible desks, which opened in the second half of the 1990’s, weren’t even called coworking hubs back then, but instead were …

Office Building of the Week: Woolworth Building, NYC

The Woolworth Building in New York City was once the tallest building in the world. It was commissioned by the five-and-dime store entrepreneur Frank W. Woolworth, who funded its $13.5 million construction in cash, which translates to approximately $350 million in 2018 dollars. Soaring above City Hall Park on a full-block site on Broadway, it now stands …

Company Spotlight: SL Green Realty

Meet the largest office landlord in NYC. SL Green was founded in 1980 and is now an S&P 500 company with an equity market cap of about $11 billion.

How to Beat Procrastination Once and For All

Charles Dickens once wrote that “procrastination is the thief of time,” but it’s not your fault. Procrastination is actually hard-wired into your brain. When you procrastinate, your brain becomes a battleground between your unconscious and conscious minds. Your unconscious mind is one of the most dominant parts of your brain. It’s constantly running to automatically …

What Is a Piece of Manhattan History Worth? The Chrysler Building Is Now Up for Sale

UPDATE: The Chrysler Building was acquired by Austria-based Signa in a joint venture with NYC’s RFR Holding, for a price tag of roughly $150 million, according to reports. The Chrysler Building, one of the world’s most recognizable landmarks and an essential part of the Midtown Manhattan skyline, is up for sale. The owners, Tishman Speyer …

Coworking Offices You Should Consider If You Are a Working Parent in the South

According to a recent survey, roughly 4 million U.S. employees work from home at least half of the week, and that number is still growing. Changing patterns of work have brought disruptions not only to the traditional office scene, bringing forth a widening range of coworking workplaces, but also to existing childcare options. For those …

18 Women-Led Companies You Need to Check Out in Austin, Texas

According to The 2018 State of Women-Owned Businesses report compiled by American Express, women-led companies thrived in the state of Texas, with Austin ranking third among US metropolitan areas that significantly increased their economic clout in the past ten years (taking into account the number of firms, employment and revenues). Furthermore, the Texan city is …

Apple’s New $1 billion Investment In Austin: Some Amazing Facts And Figures

Apple recently announced its $1B plan to build a new office campus in North Austin. The tech giant is on track to becoming the largest employer in the market.

18 Must-Have Tools for Digital Nomads

If you’re one of the world’s digital nomads, you need to have the right tools to do your job and enjoy your footloose lifestyle. Luckily, there are plenty of online apps and other innovations to help you stay connected, productive and mobile across the globe. Here are our top online tools for digital nomads: Staying …

Real Estate 101: The 8 Main Types Of Commercial Real Estate

Office, retail, industrial, multifamily, hotel, mixed-use, special purpose, land – explore the eight main types of commercial real estate.

Company Spotlight: Trammell Crow

In today’s article the spotlight shines on one of the leading commercial real estate developers and investors of the U.S. market, the Trammell Crow Company. With over seven decades of hard work and experience, this long-established corporation is often considered a pioneer in its field. Learn all about the history, the products and the services …

Office Building of the Week: The Rockefeller Center Building Complex

This week we look at all the components of what is perhaps New York City’s most recognizable landmarks – the Rockefeller Center building complex.

How to Avoid Repetitive Strain Injuries in the Digital World

Repetitive strain injuries (or RSIs) are one of a myriad of health threats to digital workers. Hunching over a laptop, sitting all day, or constantly craning your neck to read your smartphone all takes a toll on your body. What are Repetitive Strain Injuries? Repetitive strain injuries are potentially debilitating conditions that result from overusing …

Manhattan Office Sales Close Q4 2018 at Just $3.5B

The final quarter of 2018 concluded the year in an uneventful fashion for the Manhattan office sales market.

How Listening to Music at Work Can Improve Your Productivity

There’s always been a somewhat heated debate about whether listening to music at work actually contributes to one’s level of productivity or whether it serves as a time-wasting distraction instead. Whilst many say they are bothered by melodic tunes playing in the background, some say that music actually helps them tackle their daily tasks more …

The Defeasance Process: What It Is, Why It’s Used, And How It Works

While the definition seems simple, the process can be quite complicated. Delve into the particulars of Defeasance and learn why this process is very important in commercial real estate investment.

WarnerMedia to Sell 30 Hudson Yards Office Space for $2 Billion

WarnerMedia, previously known as Time Warner Inc., is looking to sell its 1.4 million-square-foot Manhattan office condominium at 30 Hudson Yards, aiming to raise around $2 billion through the deal. The company is not abandoning plans to brand the location as its new headquarters but rather seeks a sale-leaseback agreement. Expected to open this year, …

Office Edge Revamps South Florida Locations

Office Edge announced on Monday that it has completed a major renovation project across all five of its South Florida locations. The company, which provides custom office solutions as well as various business services, completely upgraded its space, from furnishings, carpets and paint, to technology, and décor. The result is an office environment that fosters …

Everything You Need To Know About Commercial Foreclosures

Get the essentials on what to expect regarding commercial property foreclosures, and the essentials you should know to best navigate the process, whichever side of it you are on.

Company Spotlight: The Blackstone Group

Blackstone’s strategic investments help companies grow and prosper, as well as communities thrive and become better places in which to live.

How Coffee Is Affecting Your Productivity in the Office

Coffee has somehow always generated heated debates, with scientists frequently analyzing its health benefits, its effects on productivity and general well-being, as well as its downsides that can negatively impact our bodies. As with everything, abusing coffee by drinking many cups a day just to give yourself a boost will likely result in a very …

23 Awesome Coworking Spaces With On-Site Gyms

Guest post by Antony Kimaiyo While state-of-the-art companies have traded cubicles for flexible workspaces, professionals are seeking even more adaptable spaces that promote wellness and connection. And with more people setting up their own workspaces or going freelance, there is a growing need for flexible coworking spaces that offer onsite gyms and fitness centers. Check …

Great Coworking Communities for Working Parents in the Midwest

According to a study by the Center for Work Life Policy, 73% of women struggle to re-enter the labor market after having children. Although 91% of women say that having worksite childcare made it easier to come back to work after birth or adoption, and parents who brought their child on-site were 68% more likely to spend more time …

Top 10 Behaviors Gen Z Finds Unacceptable at the Workplace

Gen Z is the generation that will soon take over the office, so it’s important for both their future managers and coworkers to get to know the younger employees’ expectations. In order to make things easier, we conducted an office survey trying to understand exactly that. Among other things, we asked our Gen Z respondents to …

10 Events to Build Community at Your Coworking Space

An amazing community atmosphere is one of the main reasons why freelancers, entrepreneurs and independent workers are attracted to coworking spaces. Besides the general appeal of a productive environment, the chance to meet, mingle and exchange insightful knowledge with like-minded people is an added bonus to solopreneurs who are used to working alone most of …

The Effect of Driverless Cars on the Real Estate Industry

Location, location, location is a well-established mantra when it comes to real estate prices. But the effect of driverless cars on the real estate industry could overturn this conventional wisdom. What are driverless cars? Driverless cars allow you to carry out other activities as you travel to your destination. The Society of Automotive Engineers (SAE) …

Absorption And Vacancy In Commercial Real Estate: What They Mean And How They Work

Absorption and Vacancy: key metrics in real estate estimates for professionals ranging from brokers to developers, to investors. Get the essentials here.

Top 3 CRE Investment Strategies: Core, Value-Added, And Opportunistic Investments

Understanding the top three commercial real estate investment strategies is key to successfully investing in commercial real estate. Check out the must-know essentials about core, value-added, and opportunistic investments.

An Introduction to Wood-Structured Buildings

Wood-structured buildings are here to stay. While timber was once brushed off as an architectural fad, wood-structured buildings are now expanding into the world of commercial real estate, bringing benefits beyond their stunning aesthetic. While wood isn’t a new building material, architects and engineers are embracing the emergence of new uses of timber at scale …

5 Hidden Differences between Working in a Traditional Office and a Coworking Hub

Many people seem to think that traditional office spaces and coworking hubs are basically the same and differ only in their policies concerning working-hours flexibility. They both, after all, offer professionally-equipped bureaus aimed at providing a reliable and welcoming place where one can carry out one’s daily work-related tasks in the company of like-minded individuals. …

The Dark Side of Coworking

Coworking is all the rage. From large corporations to startups and freelancers, everyone is embracing these shared workspaces, which are available to use on a highly flexible basis. While there are plenty of benefits to this way of working, is there a dark side of coworking? Could you be putting your business at risk by …

Office Building of the Week: Flatiron New York

An undeniable symbol of New York, the Flatiron might not be the tallest building in The Big Apple, but it surely is among the most iconic constructions in the city and one of the most photographed buildings on the globe. Despite holding such a prominent position in today’s NYC skyline, the Flatiron was not particularly …

How to Organize the Best Christmas Office Party Ever

As we approach the end of the year, the start of the Christmas celebrations and the time when most people grab some much-needed time off work, organizing an office party is perhaps one of the best ways to part with your coworkers before the holiday kicks in. This type of get-together can be very entertaining …

5 Ways to Get into the Holiday Spirit at Work

In today’s world where everyone is in a rush to get things done, it seems that the Christmas spirit starts to creep into people’s homes from the moment Thanksgiving is over. Blame it on premature decorations, early gift-giving and the abundance of Christmas songs blasting out from the stereos of taxi cabs, grocery shops and …

Office Building of The Week: Transamerica Pyramid Center – San Francisco

William Pereira’s Transamerica Pyramid Center broke with tradition and ushered in a new architectural perspective on the San Francisco scene. Check out this iconic building’s story.

4 Major Trends Set to Impact the Real Estate Industry in 2019

As the year comes to a close, it’s time to reflect and look forward at what we can expect from the real estate industry in 2019. Here are four of the major trends for the next 12 months, and beyond: 1. Real Estate Bubble Unlikely to Pop in 2019 The ULI 2019 Emerging Trends in …

3 Important Reasons to Pick Coworking Over a Home Office

The home office is often regarded as the highlight of most flexible working practices. The lack of commute, office politics, arguments about the AC level and other such distractions are all very valid reasons to work from home. One-quarter of U.S. workers have worked from home or remotely and there is evidence that your home …

Coworking and Introverts – Is It a Good Fit?

Coworking offices are fantastic places to not only get up to date with your projects and do some quality work, but also meet like-minded individuals with entrepreneurial ambitions with whom you can potentially form collaborations and future business partnerships. But while this sounds like paradise for business people who get a kick out of networking …

How To Prepare Your Child For Adult Financial Realities

By Mariah Phillips at 2U.com Stereotypes abound about lazy millennials living in their parents’ basements. But skyrocketing student loan debts are actually a significant reason why young people feel financially insecure. Americans owe $1.4 trillion on student loans in 2018, up from just $241 billion in 2003. Years after they graduate from college, millennials have …

The 15 Key Players In A Real Estate Team

Various real estate projects have different team members. Here are the 15 most common key players in real estate development, and how each member contributes to the success of the investment.

The Lower Manhattan Skyline – A Story Of Fortitude And Resolve

We continue our Skyline Evolution series with a look at the rise of Lower Manhattan, mapping the skyline as it grew ever taller from the 1900s to today.

10 Ways to Fight Isolation While Working from Home

Although many people believe that working from the comfort of their own couch in their favorite pajamas is the most blissful way to tackle one’s daily tasks, working from home is not always so rosy in real life. Naturally, it has its own set of perks, such as avoiding long commutes, not having to deal …

What Are Value-Add Investments?

Explore the key elements of value-add property investment: investment strategy, key vetting aspects, how to add value to your tenants and your property.

How Do You Know When to Leave Freelancing for a Full-Time Job?

If you mention you want to leave freelancing for a full-time job, your friends might think you’ve lost your mind. Freelancing is often regarded as the perfect way to work. You can be your own boss, achieve a better work-life balance and choose your own career path. What’s not to love? After all, more than …

The Employer’s Guide to Gen Z: Find Out What This Generation Expects from the Workplace

Gen Z is beginning to enter the workforce, possibly changing the office as we know it. But who is this new generation and what do they expect from the workplace? Born after 1995, Gen Zers grew up witnessing their parents struggle during the Great Recession and knew little of the world before 9/11. Often called …

Office Building of The Week – Comcast Technology Center, Philadelphia

The Comcast Technology Center only opened its doors to the public earlier this year. At 60-stories high, it’s not just making a mark on Philadephia’s skyline, but its creative and technology sectors, too. Sitting between the residential area of Rittenhouse Square and the Ben Franklin Parkway cultural district, this skyscraper houses a whopping 1.3 million …

10 Ways to Stay Focused and Productive at Work during the Holiday Season

As we step into the last month of the year, it seems that all anyone can think and talk about is the fast-approaching holiday season. And while meeting up with family and friends, giving each other presents and spending some quality time together should be nothing less than a wonderful occasion, the logistical side of …

Why Coworking Hotels Are The Newest Trend in Town

Integrating coworking in hotels is a great way to maximize hospitality, while also growing the coworking scene. Check out the unique benefits that this pairing provides freelancer communities nationwide!

Q&A: How to Stand Out From the Pack with Novel Coworking

We recently sat down with Kayley DiCicco, National Corporate Accounts Manager at Novel Coworking, to get an insight into the company’s recipe for success and the future of the coworking industry.

A Brief History of The Skyscraper

The history of the skyscraper is a story of engineering innovation aligning with cutting-edge architectural design. The name “skyscraper” first appeared in the 1880s when the world’s first tall buildings were built in the United States. The majority of these 10- to 20-story edifices appeared in cities such as New York, Chicago, Detriot, and Philadelphia. When …

Office building of the Week: Brickell City Centre

  Located at the very heart of Miami’s bustling Brickell Financial District and South Florida’s international trade and finance corridor, the Brickell City Centre is one of the largest development complexes in the city and it isn’t even finished yet. Situated at 701 S Miami Avenue, the building is not actually right in the downtown …

NYC Virtual Reality Champions That Will Make Your Listings Pop

Many businesses are starting to realize that Virtual Reality and Augmented Reality are about to shake up existing marketing practices. In the real estate industry, brokers and property managers who want to stay ahead are supplementing high-resolution shots of their listed properties with virtual walkthroughs or 360-degrees panoramas. These new interactive features provide a lot …

6 Austin-Based Companies That Offer Awesome Perks for Women

Women often find themselves having to juggle their work and family life–or worse–having to choose between them. Not many companies offer quality childcare and other perks that help women achieve a healthy work-life balance. The National Study of Employers found that only 7% of companies provide access to an on-site daycare center for their employees. …

Company Spotlight: Spaces Coworking

In this week’s fresh article we shine some light on the success story of one of the fastest-growing coworking corporations originating from Europe, called Spaces. This company just recently celebrated its 10-year anniversary and, from what we can see, they have plenty of reasons to celebrate! Short history of Spaces The Spaces coworking concept had …

Revealed: 12 Excellent Etiquette Rules For Shared Workspaces That EVERYONE Should Follow

While flexibility and creativity are generally encouraged, there are some etiquette rules for shared workspaces that should never be broken. Here are 12 ways to make sure you’re a considerate coworker: Keep it down The open plan nature of some shared workspaces can make them susceptible to high noise levels. Make sure you’re considerate when …

Newmark Knight Frank 1st Edition Your Space Report: Key findings you should know

Newmark Knight Frank (NFK) is one of the world’s leading, publicly-held commercial real estate advisory firms. NFK’s newly released 1st Edition (Y)our Space: Insights from the Global Workplace summarizes the key results from the firm’s Global Occupier Survey conducted earlier this year. The Survey collected the views of over 100 real estate leaders around the …

What Is A Real Estate Bubble?

A real estate bubble is a term that’s regularly used in the CRE industry. It’s usually referenced in terms of the aforementioned bubble bursting. The real estate crash of 2007 is a clear example. The market got too big and, ultimately, crashed. As a result, the net worth of the US housing market dropped by …

Restaurants, Coworking, and You: Why Coworking in Restaurants is the Hottest New Trend

The idea of working out of a restaurant or coffee shop isn’t exactly a new concept. Way back when, Starbucks discovered that by offering free Wi-Fi customers would stay longer and buy more coffee. But today, restaurants as coworking office spaces are taking the concept to a whole new level. Restaurants are tapping into the …

What’s It Really Like to Work as a Freelancer?

To many people, operating as a freelancer or a remote worker might seem like the ultimate dream job. What’s not to love about working from the comfort of your own bed while you’re still in your PJs? You can wake up whenever you want and work however many hours you wish on projects that you …

The 10 Tallest Office Buildings in Austin

This city’s skyline has seen a lot of changes in recent times as office buildings in Austin continue to reach for the sky. The city is pulling in some of the world’s biggest tech businesses. 12 of the 25 biggest employers in Austin are technology companies, including Google and Facebook. Dell is also the city’s …

Here are Some Amazing VR/AR Companies You Can Work with in California

Buying or leasing a property is a daunting task and finding the right fit requires a lot of time and research. Real estate agents know that visiting a house or an office, seeing it up close and getting a feel of the place goes a long way towards helping clients make up their mind. But …

Yardi On The Future Of Coworking

“The evolution of the flexible office sector has shaken up the real estate industry and has arguably changed it for the better,” according to a recent discussion on the future of coworking. The Yardi think tank brought together a panel of experts and tackled some interesting topics regarding the commercial real estate and flexible office …

Your Work Week Could Be 10 Hours Shorter in Dallas or Houston – What’s it Like to Live and Work as a Freelancer in These US Cities?

A recent survey by Skillshare reports that more Americans are freelancing than ever, currently adding up to 57.3 million people. But is it also easier than ever to be a freelancer? Research by Edelman Intelligence highlights that freelancers are both more aware of the upcoming changes in the labor market, and more willing to take …

CDO 101: Everything You Need to Know About Collateralized Debt Obligations

A CDO – or collateralized debt obligation – groups together various debt obligations such as mortgages and loans. These pooled cash-flowing assets are then structured into tranches with varying risk profiles and re-sold to investors as bonds. In the commercial real estate business CDOs are also known as CRE CDOs (commercial real estate collateralized debt …

Office Building of The Week: Chrysler Building – NYC

This week we check out one of NYC’s most iconic skyscrapers – the Chrysler Building. With its decorative elements reminiscent of chrome-accented automobiles from the 1920s, a sunburst-patterned stainless steel rooftop spire, and fearsome gargoyles hanging tens of stories above street level, the Chrysler Building stands as enduring homage to American engineering and innovation.

Why Female-Focused Coworking Is On the Rise

As the coworking concept continues to gain ground in the modern business world, more and more shared office spaces are popping up in all corners of the globe. The promise of flexibility, a productive work environment and the gathering of like-minded individuals with similar entrepreneurial goals is what makes this trend so popular and so …

ESRT Lands New Tenant at 111 West 33rd Street in Manhattan

Empire State Realty Trust (ESRT) has announced the signing of a new tenant at its Midtown Manhattan property at 111 W. 33rd St. FOJP Service Corp., a company providing comprehensive insurance and risk management to a group of major healthcare facilities like hospitals, long-term care centers and social service agencies, will take over the full …

10 Contemporary Female US Architects Who Are Making A Difference

Maria Pellot, Toshiko Mori, Sheila Kennedy, their creations manage to both blend in with their urban setting and catch your eye when you are in their presence. Here are 10 contemporary female architects who are shaping the skylines of America.

Bay Area, San Francisco Q3 2018 Office Sales – Prices In Bay Area Climb Above $500 Mark

Executive Summary Top Deals: Office portfolios and joint venture investments show sustained market confidence Bay Area office prices soar past $500 per square foot in 39% Y-o-Y increase San Francisco office sales dip below $1 billion End-of-year pipeline dominated by Bay Area developers, major tech company anchor tenants The Bay Area concluded its 10th consecutive …

What Are Air Rights and Why Are They So Important in CRE?

Air rights are a legal concept that covers the vertical space above the Earth. So, when you own a piece of land or a building, you can technically use and develop the space above it without interference from other parties. The concept of air rights is encoded in the Latin phrase: “Cujus est solum ejus …

Is Your Workspace Shrinking?

In an era when fast-paced technological evolution is governing many aspects of our lives, it often seems difficult to keep up with trends. As more and more young professionals enter the workforce, the once-traditional office space is losing ground somewhat, making way for new, innovative designs and layouts, in line with the requirements of today’s …

The Best Team-Building Companies in the US

Check out 21 companies that offer team-building solutions ranging from conventional outdoor team-building to other unique indoor activities designed to promote teamwork while developing vital skills.

Novel Coworking to Debut Fifth Chicago Location in River North

Novel Coworking, the largest owner-operator of shared office space in the U.S., is opening its fifth location in the Windy City.

15 Commercial Real Estate Terms You Should Know

There’s no escaping it. Every industry is filled with jargon and commercial real estate is no exception. Whether you’re an aspiring real estate agent or just curious about the industry, we’ve selected the most common commercial real estate terms you’re likely to encounter: 1. Adjustable Rate Mortgage (ARM) When you take out a mortgage, you …

8 Ways to Embrace Hygge at the Office

The Danish concept of hygge has taken the world by storm recently and is still gaining popularity in the UK and throughout the US. This lifestyle originating from Denmark emphasizes coziness and comfort above everything else, providing an air of familiarity and a feeling of home along the way. The Danes have been religiously practicing …

Office Building of the Week – The Seagram Building

This week we look at the Seagram Building, one of New York City’s masterpieces of functional design, which shifted office tower architecture toward the minimalist function-as-form style.

SoCal Q3 2018 Office Market Report: OC Sales Shoot Up by 130%, LA Holds Steady

Executive summary: Los Angeles Office Sales Hover Around the $1.2B Mark Average Price per Square Foot Rests at $311, After 60% Growth Compared to Q2 Los Angeles Market Set to Deliver 18 Office Projects in Q4, Totaling 1.89MSF The 31 transactions closed in Q3 across the Los Angeles and Orange County office markets added up …

The 10 Tallest Office Buildings In Denver

Most of Denver’s tallest office buildings were built in the 1980s, foretelling its long-term economic growth. Check out the top 10 tallest office towers that rise in the Mile High City skyline today.

Is The Austin Office Market America’s Recession-Proof Success Model?

Executive Summary: Revisit 20 years of market performance – more investors flocked to Austin office assets after the crash of ’08; Biggest current owners include major dealers in Austin office property and tech moguls; Austin’s last office building boom ended in 2002, the same year that marked the beginning of the age of sustainable design; …

Chicago School of Architecture 101

By developing and refining the skyscraper concept, the Chicago School of Architecture made a huge impact on our metropolitan skylines, it has allowed us to expand upward, rather than outward, and forever changed the way we built our cities.

Amazon to Take 1M SF at One Court Square as Part of HQ2 Long Island City Plan

Amazon plans to take about 1 million square feet of Queens office space at Savanna’s One Court Square. The building will serve as a temporary location for HQ2 Long Island City, while the company’s campus at Anable Basin is underway. Citi, which has been in the tower since 1990, announced two days ago that it …

National Landing, Northern Virginia’s Proudest New Amazon Brand

It’s official: Amazon’s HQ2 will be split between LIC, NY and Arlington, VA. Check out how the decision will affect NoVa over the next 20 years, according to state and local official investment plans.

Looking for a Career Boost? Check Out These CRE Associations

If you are looking to take your career to the next level, joining an industry association might be the answer for you. Besides the opportunity to network with established professionals, commercial real estate associations offer access to education and training, certification programs, industry events, conferences, and advocacy platforms. Playing an active role in your field is …