Office

In February, the national VODI grew 29%, increasing by 13 points to 58.

Thirty percent said they will have a majority of employees working remotely between two and three days for a week.

Cushman & Wakefield finds that build-outs can have a construction cost range of $70 to $200 per square foot, depending on the market and details of the project.

Millenia Smart Park will feature small and large drone aerial testing, marine drone testing and an autonomous vehicle testing track.

Orion Real Estate Group and Limestone Asset Management have purchased the 94,175-square-foot retail and office property, located on a 225,255-square-foot site in Pinecrest, FL.

The property contains a former General Motors facility, which the firm plans to demolish to build several office buildings.

In partnership with PIDC, the firms will exclusively develop the project, commencing with a $400 million phase one, which will comprise life sciences, residential and hospitality space.

On March 29, the company will start accommodating more people at its Redmond headquarters and nearby campuses.