Mixed Messages at Atlantic Station
Atlantic Station, a 12 million sq. ft. mixed-use project under development in Midtown Atlanta, has overcome a series of environmental and financial obstacles...
New leases chip away at lower Manhattan’s vacancies
More than 600,000 sq. ft. of office space in lower Manhattan was leased this week, pushing the downtown market’s vacancy rate below 13% for the first...
Torto Wheaton: Overall office, industrial vacancy rates still rising
National office vacancy is above its long-term average of 14.7%, although it remains below the peak level of 19.1% in 1991, according to a report from...
Los Angeles office market stabilizing?
For the first time in months, the office vacancy rate for Los Angeles County has shown improvement, according to first-quarter statistics from Cushman...
Lower Manhattan vacancies declined in March
For the first time in months, downtown New York City posted positive absorption of office space. A report from Cushman & Wakefield shows that downtown office vacancy fell from 13.7% at the end of February to 13.3% at the end of last month....
A Supply Glut In the Office Sector
Over the past two years, as office markets softened, industry pundits predicted that things would not get as bad as they did in the last recession because...
C&W report: London most expensive office market
A trio of international cities beat out New York for the title of most expensive office location. London, Tokyo and Paris retained their status as the...
Developer warns office recovery won’t occur until late 2004
ATLANTA — The near-term outlook for the economy and the commercial real estate industry remains "bleak," says Thomas Bell, CEO of Atlanta-based Cousins...
Bear Stearns to remain in Brooklyn
Despite periodic threats to move thousands of its New York City employees out of the city, Bear Stearns has announced that it will renew its 300,000 sq....
Desperate Times, Drastic Measures
Equity Office Properties has a simple solution to cope with its earnings slump cut overhead to the bone and lavish new rewards on brokers who fill up...
Mold on Hold
A year ago, the mold crisis looked as if it would follow the course of many past environmental problems lawsuits, then laws, then years of cleanup. But...
Design chosen for rebuilding of Ground Zero
After months of speculation, New York City Mayor Michael Bloomberg has selected an architectural team to rebuild the World Trade Center site. Architect...
Report: NYC apartment, office markets remain strong
Despite job losses and the effects of 9/11, investor demand for multifamily and office properties in New York City remains strong. And that isn’t about...
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