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“Suburbanization is having a resurgence, and the period of urban growth and suburban decline may have been a short-term blip," says Rutgers University's Dr. James Hughes.
The 680 corridor continues to build on its legacy of being a central market/workforce hub supported by one of the most educated and experienced labor pools in the Bay Area, says Hitchcock in this <b>EXCLUSIVE</b>.
Northern Trust has been a tenant at Saint Ann Court for five years and expanded from 8,000 to 13,000 rentable square feet at Harwood 6–Saint Ann Court, allowing its professionals to work under one roof.
The Bay Area is without question one of the strongest US office markets, as demand for transit-oriented future-ready workspaces continues to generate leasing momentum across the region, says CBRE.
In the first quarter, the Orange County vacancy rate increased 80 basis points, and with more companies' rightsizing, the vacancy rate is likely to continue to increase.
“Since acquiring the property, Soma and Northlight have worked diligently to make 5 Becker Farm Road into one of the most sought-after class-A office properties in Roseland, New Jersey,” says CBRE's Daniel Casey.
The Seattle-based mega online retailer has signed a lease for 430,000 square feet of office space at WS Development's and PSP Investments' 23-acre Boston Seaport development.