In April 2024, several U.S. office markets saw their debt service coverage ratios below 1 or between 1 and the 1.25 minimum required by most lenders, indicating potential future distress in the industry. At the…
Author: Lucian Alixandrescu
The CHIPS and Science act in conjunction with other government initiatives to bring manufacturing capacity back to U.S. soil are leading to an unprecedented spike in construction of manufacturing space. We set out to rank…
In March 2024, several markets recorded vacancies above 20% as the national office vacancy rate ticked up to 18.2%. New construction starts are also significantly lower than previous years, indicating further struggle in the office…
With office property sales totaling $3.6 billion year-to-date, the market continues navigating ongoing challenges. Washington, D.C. recorded the largest sales volume nationwide, mostly driven by a single high-profile headquarters relocation.
With 92.7 million square feet of office space currently under construction, new starts have seen a steep decline since before the pandemic. Still, the industry has silver linings, the foremost of which is a booming…
A recent office report highlights how office properties continue seeing dropping valuations, which is also manifesting in a drop in office occupancy and listing rates.
New Jersey, Houston and Miami are neck-and-neck in medical office construction, but this year's largest completion is set to be an outpatient facility in Madison, Wis.
Intuit Mailchimp, a subsidiary that the financial software company Intuit acquired back in 2021, is getting a new home in the form of an Atlanta office space located in the city's Old Fourth Ward neighborhood.
The company is expanding its office footprint with a new headquarters in its hometown, Philadelphia, as well as additional offices and lease expansions in Atlanta, Birmingham, Charlotte and Nashville.
The event, meeting space and shared office operator is set to move into its new Times Square location in March 2024, bringing in-demand flexible meeting rooms to Midtown Manhattan.
