Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Privacy and distraction, along with poor sound quality due to hard surfaces reflecting sound and causing cacophonous reverberation, are some of the issues that can be addressed through better design, Kirei's John Stein tells GlobeSt.com.
The US Energy Information Administration forecasts that West Texas Intermediate crude will be priced at an average of $51 per barrel in 2018, continuing a stabilization of energy pricing that prevailed in 2017.
Overall, commercial property pricing slipped in November for the seventh consecutive month, a trend that Ten-X's Peter Muoio says is a reflection of ongoing investor wariness.
Although FIRE sector tenants still command a lion's share of office space, "They're not the reason that new construction has taken off in New York for the first time since the mid 1980s," says Michael Cohen at Colliers.
Jim Hirt brings 22 years' experience managing staff and volunteer leaders to SIOR, and plans to further solidify the organization's status as “an active global community.”
The overbuilt and bustling CBDs leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and the potential for large-scale development remains.
Leasing activity in the Greenspoint market, considered a good location with amenities, continues to be steady as the Houston economy strengthens following the recent downturn in the oil industry.