San Diego's Downtown Offices Face a Major Transition
New data shows nearly a quarter of Downtown San Diego's office space is empty, signaling a major transition for the city's commercial real estate market.
#San Diego#Real Estate#Urban Development
#Commercial Real Estate
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Vermont's Return-to-Office Plan Stalled by Office Space Shortage
Vermont's plan to bring state employees back to the office three days a week is delayed due to an unexpected shortage of available office space.
#Vermont#State Government#Return to Office
Office REIT Ordered Into Mediation Over $400M Debt
A federal judge has ordered bankrupt Office Properties Income Trust into mediation to resolve a dispute with noteholders owed as much as $400 million.
#Corporate Bankruptcy#Commercial Real Estate#Office Properties Income Trust
Premier Workspaces Opens New El Segundo Coworking Hub
Premier Workspaces has opened a new flexible office and coworking hub in El Segundo, California, located on the strategic Rosecrans Corridor.
#Coworking#Commercial Real Estate#Los Angeles
Cambridge Lab Space Vacancy Nears 25% After Biotech Boom
Cambridge's biotech lab space vacancy rate has soared to 22%, a dramatic shift from near-zero availability four years ago, impacting rents and development.
#Commercial Real Estate#Biotechnology#Cambridge
Alibaba and Ant Group Acquire Hong Kong Office for $925M
Alibaba and Ant Group have acquired 13 floors of a prime Hong Kong office tower for approximately $925 million to serve as a new headquarters.
#Alibaba#Ant Group#Hong Kong
Downtown Cleveland Office Space Shrinks Amid Conversion Trend
Downtown Cleveland is experiencing a major shift as millions of square feet of office space are repurposed, altering the city's commercial real estate market.
#Commercial Real Estate#Urban Development#Cleveland
David Lloyd Club Opens New £12 Million Facility in Shawfair
David Lloyd Clubs has opened a new £12 million health and wellness facility in Shawfair, Midlothian, creating 80 local jobs and offering extensive fitness amenities.
#Business#Urban Development#Commercial Real Estate
US Warehouse Vacancy Rate Stabilizes at 11-Year High in Q3
The U.S. warehouse vacancy rate held steady at an 11-year high of 7.1% in the third quarter, the first time it has not risen in three years.
#Commercial Real Estate#Warehouse#Supply Chain
The Outlet Expands with Second Location in Albert Lea
The Outlet, a provider of rental office spaces, has opened a second location in downtown Albert Lea to meet growing demand from local small businesses.
#Albert Lea#Small Business#Commercial Real Estate
Fort Collins Unveils Largest Coworking Space in Former Call Center
A 20,000-square-foot coworking space has opened at 301 Remington Street in Fort Collins, transforming a former call center into the city's largest flexible workspace.
#Coworking#Fort Collins#Commercial Real Estate
David Lloyd Opens £15 Million Club in Northwood London
David Lloyd Clubs has opened a new £15 million health and wellness facility in Northwood, London, creating over 100 local jobs and offering extensive amenities.
#David Lloyd#Local Business#London