Key Billings Indicator Suggests Softening in Commercial Real Estate Sector
The American Institute of Architects (AIA) Architecture Billings Index (ABI) reported a score for June of 49.1, which is down from 50.2 in May, suggesting […]
Retail & Office Space
JLL and Google Unveil a New “Voice Assistant” for Commercial Real Estate
Global real estate firm Jones Lang LaSalle is teaming up with internet-giant Google to build a voice assistant to help office workers book conference rooms […]
New Report Shows the Most Expensive Office Markets
According to Knight Frank’s latest Global Outlook Report, Hong Kong will retain its title as the world’s most expensive office market despite rents being forecast to […]
Over a Third of All U.S. Office Space Will be Flexible by 2030
According to JLL’s latest research, the U.S. office market is poised to take on significantly more office flex space in the coming year. “The world’s […]
Will WeWork Move Away from Co-Working and into Building Operations?
The emergence of co-working companies such as WeWork are based on a simple business model: Sign a long-term lease then turn around and sublet parts […]
Cushman & Wakefield Brokers Huge Toronto Deal; Acquires New Company
Cushman and Wakefield (CW), a Chicago-based real estate firm, announced that it helped broker 433,752 square feet in downtown Toronto on behalf of e-commerce company […]
Reports: Higher Borrowing Costs & Added Inventory Threaten Office Market
A pair of recent reports indicate that higher interest rates and a healthy pipeline of new office space will increase vacancy rates and undermine commercial […]
Google’s Real Estate Buying Spree Continues with $1 Billion Acquisition
Just before Thanksgiving, Google purchased the Britannia Shoreline Technology Park for $1 billion, reported the Mountain View Voice. That equates to more than $19 million […]
CBRE Launches its Own Co-Working Brand
CBRE, the world’s largest real estate services firm, is jumping into the growing business of flexible workspace, according to an article in the Real Deal. […]
U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]