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 […]
Commercial
Corporate Real Estate Updates: Blackrock, JLL, Colliers & Others
AskPorter Gets New Investment from GoogleGoogle has agreed to invest in London-founded Artificial Intelligence-led property start-up AskPorter, reported PlaceTech. AskPorter acts as a digital assistant between landlords and tenants, helping […]
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 […]
Real Estate Company News Updates: CBRE, Cushman, Keller Williams & Others
CBREGlobal real estate firm CBRE announced that it agreed to collaborate with Johannesburg-based Excellerate Property Services to form a joint venture named CBRE Excellerate in […]
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 […]
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 […]
Swedish Company Creates the First Carbon-Positive Data Center
EcoDataCenter, a Swedish company dedicated to building energy-efficient data centers, created its first ever carbon-positive data center, which integrates with the surrounding energy ecosystem to reuse […]
WeWork is Now the Largest Office Tenant in Manhattan
In a milestone development underscoring the growing demand for flexible office space, co-working company WeWork now is now the largest office space tenant in Manhattan, […]