Maturing Loans Point to Increased Uncertainty in the Office Sector
With weak demand and high interest rates, refinancing offices will be challenging unless they include solid leases with high-quality tenants.
Weak Demand, Falling Prices and Potential Distressed Activity Predict Muted Sales for 2023
Amid economic uncertainties and vacancy woes, the sector is expected to record one of the smallest sales volumes since the Great Recession.
Walkable Urbanism to Drive Future Real Estate Development in the U.S.
The 2023 Foot Traffic Ahead report takes an in-depth look at walkable urban areas in the top 35 U.S. metros.
U.S. Office Market Closes 2022 with Still-Rising Vacancies & Declining Sales
Higher interest rates will likely hamper new supply as well as sales activity in 2023, while tenants’ flight-to-quality expected to persist.
Tech Sector Downsize Further Challenges Office Recovery
The average listing rate for office space stood at $38.06 in November, while vacancies rested at 16.2% across the top 50 U.S. office markets.
Office Vacancy Rates Continue to Climb Across the Country in 2022
The average listing rate for office space stood at $37.94 in October, while vacancies rested at 16.3% across the top 50 U.S. office markets.
The Future of Office 2023: Clarity, Adjustments and Emerging Trends
Two plus years into the pandemic, the status quo in the office sector is uncertainty, with conflicting outlooks for all facets of the industry.
BOMA Study: Office Tenants, Owners and Managers Pivot Toward Reimagined Work Environment
Following two and a half years of transformation, workplace perspectives and views on the office sector are stabilizing.
Office Starts Slump in Gateway Markets but Advance in the Sunbelt
The average listing rate for office space stood at $35.67 in September, while vacancies rested at 16.6% across the top 50 U.S. office markets.
Life Sciences Continue Driving Demand for Office
Trading at an average $645/sq. ft, life science properties are selling for 150% higher than the $258/sq. ft average of general office buildings.
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