News

HSBC’s Return-to-Office Push Risks Denting CEO’s Savings Plan
HSBC Holdings Plc is forecasting hundreds of millions in extra real estate costs as it considers asking more of its employees ...
The San Bernardino Sun3mon
Office space reckoning: What’s next for empty buildings?
Two former office buildings at 3100 and 3130 S. Harbor Boulevard. were demolished in Santa Ana on Thursday, Feb. 22, 2024. The site is now Harbor Logistics Center, a warehouse and distribution ...
The Business Journals7mon
Here's how much empty office space is costing Seattle
Currently, several metros have at least $1 billion worth of vacant office space. Here's how office vacancies are affecting the Seattle area's CRE scene. Planning underway to 'activate' full-block ...
The Business Journals7mon
Here's how much empty office space is costing Nashville
Here's how office vacancies are affecting the Nashville real estate scene. Currently, several metros have at least $1 billion worth of vacant office space. Nashville Business Journal ...
Reuters8mon
London's Canary Wharf sets sights on hotels to fill empty offices
London's Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it responds to faltering ...
wjla10mon
Out of the Office: Is it possible to turn empty DC office spaces into new developments? - WJLA
Inside dozens of empty office buildings in the Capital Region, there’s an almost desperate effort underway to repurpose unused space. Federal, state and local governments are using tax breaks to ...
Washington Examiner10mon
Nearly a quarter of all DC office space is empty
A 2023 forecast by Mayor Muriel Bowser’s office acknowledged an increase in empty office space and blamed the trend on the pandemic, and less than half of Washington office workers are working ...
Colorado Public Radio11mon
Vacancy rate of Denver office space going up as empty space accrues in downtown - Colorado Public Radio
The amount of empty office space in the Denver area keeps climbing. The vacancy rate edged up in the second quarter to about 24 percent, according to a new report from real estate services firm CBRE.
Reuters1y
Hotel executives set sights on empty office buildings as supply lags demand - Reuters
Hotel supply growth in 2024 is hovering under 1% compared to 30-year averages of 2.5%, but with commercial assets sitting empty around the world, hotel operators are scouting unique conversion ...
Mercury News1y
Bay Area office market flounders with empty space but demand jumps - The Mercury News
— San Francisco’s office market remains the worst of the group by a wide margin, with well over one-third of the city’s office space empty. The vacancy rate was 36.7% in the first quarter ...
CNN1y
How empty office space became the new bogeyman on Wall Street
How empty office space became the new bogeyman on Wall Street Analysis by Matt Egan, CNN 5 minute read Updated 7:08 AM EST, Fri February 9, 2024 Link Copied! Follow: ...