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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: ...
Since the COVID-19 pandemic began, more companies have offered remote work options for their employees, or have even switched to working entirely remotely – leaving empty office buildings a new ...
So Much Empty Office Space, So Few Easy Options The rise of hybrid work has left a lot of empty buildings. Some cities, however, are in better shape than others, writes this real-estate analyst.
Most of the available office space — more than 10 million square feet of empty and sublease space — is in the downtown Dallas area, according to Transwestern’s third quarter study.
FALLS CHURCH, Va. — The pandemic reshaped how many people work, and in many cases, where they work. And that has left enormous office buildings across the region sitting empty. Now as urban ...
News that the GSA plans to unload the building has Montpelier pondering its potential uses. It also raises questions about the glut of other government office space.
Earlier this year, 105.8 million square feet of office space was sitting empty in the city — an estimated rent loss of $7.61 billion per year. Read more: These are the Best Real Estate Deals of 2024 ...
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 ...
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 ...
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