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The market for skyscrapers with great views and lush amenities is softening.
The commercial real estate market is being forced to adapt. Some buildings offer leasing incentives, others may convert to a different use.
If the pandemic didn’t convince CEOs to get rid of costly in-person work environments, an economic downturn might do the trick.
In Los Angeles, where there’s a housing crisis, the pandemic has some looking at the “adaptive reuse” of under-used office buildings.
Storage prices are soaring, especially in locations near big ports and major metro areas.
Commercial real estate company Cushman & Wakefield partners with WeWork, hoping to absorb some of that vacant office space.
The U.S. may need an additional 330 million square feet of distribution space by 2025 to handle the expected expansion of online sales.
The commercial landlord agreed to lower mall retailers’ base rents for a bigger cut of their sales.
Study shows commercial construction employment is still down about 5% from before the pandemic.
Groceries are recession-proof, they sign long leases and bring foot traffic to strip malls. But there can be too many in one area.
