Coronavirus Real Estate Update #2
The coronavirus pandemic continues to impact all facets of life, including the real estate industry. In the first update, we covered policy decisions to halt […]
Retail & Office Space
WeWork: From Bad to Worst
Reports have surfaced that SoftBank may walk away from the US$3 billion tender offer it committed to co-working startup WeWork following its aborted IPO plans. According to […]
CBRE Leads Global Real Estate Investment Sales
Los Angeles-based CBRE has been named 2019’s global leader for commercial real estate investment sales, according to a report by Real Capital Analytics. RCA said […]
Top U.S. Markets For Office-Using Services Job Growth in 2019 and 2020
According to new report by global real estate firm CBRE, tech hubs, business-friendly Texas cities and high-growth Florida metro areas top the ranks of U.S. […]
CoStar to Build a 400,000 Square Foot Tower and Triple its HQ Staff
The Costar Group, whose stock soared by 77 percent in 2019, says that it will triple its staff at its Richmond, Va. headquarters. The company […]
Newmark Knight Acquisition Strengthens its Valuation Services
Newmark Knight Frank, announced it has acquired the assets of HVS, Inc., which operates under the name Hopkins Appraisal Services (“Hopkins”), a national leader in […]
WeWork Sells Tech Startup Teem
WeWork has sold off the meeting space technology company Teem, which it acquired in 2018, reported Bisnow. Workplace solutions firm iOffice announced it had acquired […]
The Latest Updates from WeWork
WeWork to Terminate 10-15 Percent of its LeasesWeWork is reviewing about 100 leases around the globe and could pull out of some of them as […]
U.S. Office Market Continues Growth Pattern Amid Concerns About the Future
Driven by a decade of consistent economic growth, major U.S. metro areas added 682 million square feet of office space between 2008 and 2018, according […]
Newmark Knight Frank Acquires Workframe, Inc.
Newmark Knight Frank has acquired the innovative workflow solutions provider Workframe, Inc. reported PR News Wire. The Workframe software tool is a workflow solution that […]