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More than 80% of office landlords seeing an increase in lease renewals

Posted By: REJournals on April 11, 2024.  For more information, please click here to read the source article. A slow recovery in the office sector? It’s better than no recovery at all. That’s the takeaway from VTS’ fifth annual Global Landlord Report released in early April. And here’s the best news from the report: VTS says that more than 80% of […]

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How Office Features Stack Up in Getting Tenants To Pay More

Posted By: CoStar on March 24, 2024.  For more information, please click here to read the source article. Office tenants across the country have been shedding large amounts of real estate for the past several years, but some building features can not only convince tenants to keep leasing the space, but get them to pay a premium for […]

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Space Constraints

Posted By: DBUSINESS on May 18, 2023.  For more information, please click here to read the source article. Fifty years ago, downtown Detroit staked its economic revitalization to the Renaissance Center. It was a stretch project if ever there was one — a $357-million Hail Mary that Henry Ford II, then chairman and CEO of Ford Motor Co., […]

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Property Management’s Role in the Development of New Office Spaces

Posted By: Commercial Property Executive on March 15, 2023.  For more information, please click here to read the source article. From amenity spaces to the carbon footprint, property managers play a central role in the design of commercial offices. Traditionally, the design and development of commercial office spaces has been the task of architects, engineers and urban planners. […]

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Top 10 Commercial Real Estate Trends for 2023

Posted By: Commercial Property Executive on January 4, 2023.  For more information, please click here to read the source article. In 2022, spiking interest rates, inflation and a war in the Ukraine brought considerable change to commercial real estate and the U.S. economy overall. With interest rates and values expected to stabilize, and all stakeholders rethinking the highest […]

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One-time Birmingham Google office sells for $46.75 million

The downtown Birmingham office building that once housed Google Inc.’s local sales force has sold. The sale of the 126,000-square-foot office and retail building at 325 N. Old Woodward Ave. closed earlier this month for $46.75 million, said Simon Jonna of The Jonna Group, a division of Colliers International Inc. which worked on the deal. […]

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