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Stories Tagged as

Commercial office space

A new wave of office downsizing could hit this year

by Meghan McCarty Carino
Jan 16, 2024
Commercial leases are typically five years or longer, so those who signed before the pandemic might be making exit plans.
A recent survey of 500 businesses found three-quarters of them plan to shrink their offices this year, according to data from Robin, a flexible work software platform.
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Defaults on commercial real estate loans are rising as many workers stay remote

by Henry Epp
Jun 5, 2023
More than 3% of such loans are now delinquent.
Renters may be able to get a better deal on office space right now — but many are sticking to the sidelines.
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