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Office vacancies climbed more than 5% in six of the top 25 US markets this year, according to CommercialEdge. Sale prices, meanwhile, dropped again, down 9% from the average price in 2023.
In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [5] In Europe, approximately half of the €960 billion of debt backed by European commercial real estate is expected to require refinancing in the next three years, according to PropertyMall, a UK ...
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In 2020 I redesigned my old 500-square-foot Brooklyn one-bedroom apartment into a stylish two-person live and work space on a budget. ... and tchotchkes on the cheap if you know when and where to ...
[3] [4] In the spring of 2016, LiquidSpace announced plans to reach 100 million square feet of space available in its marketplace. [5] LiquidSpace has raised over $26 million, with investors and partners including Reid Hoffman of Greylock Partners, Mike Maples Jr. of Floodgate Fund, ROTH Capital Partners, Shasta Ventures, CBRE, Steelcase, and ...
While at first most people commuted back to industrial and commercial jobs downtown, eventually many employers followed suit, moving to suburban communities in search of educated workers, cheap land, fewer unions and a leafy suburban image. The now-familiar commercial landscape of office parks and corporate campuses was born.
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