Some data suggest the pain is concentrated in a small proportion of buildings. While vacancy rates in U.S. office buildings are around 22 percent, roughly 60 percent of that vacant space was in 10 ...

Office building prices are set for a massive drop within the next two years, according to Capital Economics. The research firm predicted that office values will crash 35% and won't recover for ...

It’s been about four years since the Covid-19 pandemic upended society, also killing the once-ubiquitous reality of working in an office for eight hours, five days a week. Many companies have ...

CBRE, a commercial real estate services firm, said in estimates released Thursday that US office vacancy will likely increase further next year, reaching a 19.8% vacancy rate, up from 12.1% at the ...

It would redevelop a small site now used by a four-unit apartment building. An investment group operated by the Grinkers bought that building in 2020 for $306,900, according to assessment records.

In 2001, I became a first-time CFO for ON Technology Corporation, a small public company. The company’s office space was approximately 25% utilized. One of my first tasks at the company was to ...

But as the battered office sector adjusts to post-COVID realities, Jeff Bernstein and Larry Elbaum are betting that suburban buildings packed with small, local firms have more upside.