Office

The global financial services group will occupy 220,000 square feet in late 2024.

The firm has acquired a site in Philadelphia's Center City district to support the area's demand for modern lab space.

Vacancy rates are still ticking up in New York and San Francisco despite a recovery in utilization rates.

In partnership with a CBRE Investment Management separate account client, the firm is building a 116,000-square-foot life science property.

Supply chain and labor shortages are delaying commercial build-out and tenant improvement projects by an average of three months.

A $100 million deal opens flexible doors in Europe and Asia.

The REIT has agreed to purchase two assets in the market for an expected total investment of $230 million.

Hybrid work is shrinking office footprints at the same time it increases the need for flexible space.