What should office investors look out for in the year ahead?
Cushman & Wakefield acquires French design & build firm
Global real estate services firm Cushman & Wakefield announced its intention to acquire Réponse, a leading design & build contractor in France, subject to regulatory approvals.
What Can Office Space Learn From the Death and Rebirth of the Mall?
The importance of bringing people together and concentrating services into a central, publicly accessible location applies beyond just retail.
Developers Keep Building Offices, But Workers Are Using Less Of Them Than Ever
That’s why office construction is continuing at such a fevered pitch: only the newest buildings have been deemed good enough to get companies to sign long-term leases.
Amazon Leases New Manhattan Office Space, Less Than a Year After HQ2 Pullout
Tech giant agrees to take 335,000 square feet in Hudson Yards neighborhood in deal without any financial incentives from city or state.
This Is How Coworking Firms Go Bust
WeWork’s finances have grabbed all the headlines, but while the U.S. giant was trying and failing to raise money in an IPO, two smaller UK coworking companies entered insolvency proceedings.
From Steelcase to Switch, the 30-year history of landmark pyramid
Data center operator Switch came to Michigan amidst talk of 1,000 high-paying jobs and $5 billion investment over a decade. An economic developer called it an "incredibly game-changing project." Michigan lured Switch here with tax incentives. Four years later, what has Switch delivered? The company says it has created 74 full-time jobs and 800 construction jobs.
With Facebook In The Bag, Hudson Yards’ Office Space Is Almost Completely Full
Facebook will occupy about 1.2M SF at 50 Hudson Yards, some 265K SF at 30 Hudson Yards and approximately 57K SF at 55 Hudson Yards, where it will begin moving employees next year.
‘The Sprint Became A Marathon’: Coworking Firms Slow Growth After WeWork Meltdown
In the wake of the WeWork IPO debacle, coworking and flexible office companies have been quick to point out how different they are from the industry's elephant in the room. But they say the entire fiasco has taught them a few things, and given them some benefits, too.
Investors racing to rethink flexible space
Flexible space – a broad term for any type of real estate that provides agility in its use – largely came into the public eye through coworking, with memberships, funky fit-outs and headline-grabbing free beer.
After WeWork’s giant crash, what’s next for landlords?
Style or Comfort?
Remote work is here to stay. For those workers who have tasted the forbidden fruit in particular, it seems that going back to the office grind all day, every day is unthinkable. But offices aren’t going anywhere either.
After SoftBank Bailout, Landlords Say They're Ready If WeWork Starts Giving Back Space
WeWork may have been pulled back from the edge of insolvency by its biggest investor, but many of its landlords are still preparing for a worst-case scenario.
Real Estate Execs Bet on Coworking for Cost Reduction
Co-working investments are expected to maintain momentum over the next five years as corporate real estate executives continue to view flexible workspace as a necessary offering for their employees and crucial to operational cost reductions.
Irvine Co.’s Flexible Office Solution
The spaces come complete with curated furniture configurations, branding, technology and accessories developed in partnership with Gensler, and Herman Miller.
Office Landlords Deploy Tech to Enhance Natural Light, Draw Tenants
Office landlords were slow to adopt technology, but now are wasting no time to use it to transform every inch of their properties, including natural light let in through windows.
Flexible Space Requires Flexible Furniture
Even though WeWork has dominated the flex space conversation recently, the growth of technique is undeniable.
Industrious to Open New Location at Florida Shopping Center
The deal is part of a larger agreement where the co-working firm will establish locations at five of the retail REIT’s US mall properties—and possibly more.
