Office

The intent is to allow mobile devices and wearable computing to allow common credentialing for physical security interoperability.

Vacancy now tops previous record high from the Global Financial Crisis.

The buildup is in primary markets, Class-A properties, and urban areas.

The combination of impact on landlords and structural changes in office makes understanding the risk much harder.

The company has been negotiating with more than 400 landlords for the past few months to improve lease terms

But the company doesn't expect things to improve overall until mid-to-late 2024.

However Google has indicated it will move forward with the projects in other ways.

Los Angeles is among the outperformers and Seattle slips to historic lows.