Office

Credit-worthy cash flow from co-working operators is opening the capital markets to underwrite assets with co-working tenants.

The high cost of housing in Los Angeles is impacting employee recruitment and retention, especially in healthcare, hospitality and professional and technical services industries.

Common Desk recently announced its expansion into the Innovation District of the West End neighborhood with Common Desk–Factory Six03, a 18,085-square-foot co-working space.

The publicly-traded owner and operator of clean energy assets is now at Brookfield's Lower Manhattan tower at 200 Liberty St.

The asset is located in Los Angeles' Miracle Mile.

Vacancy rates have stopped falling, and rents have flatlined, but landlords are boosting concessions and adding amenities.

And with cheaper rents, along with new amenities, buildings in the east can better compete with the West Loop.

The Cushman & Wakefield team reports repeated office sale in South Florida sees 60% rent growth and increased confidence in suburban offerings.