Office Sublease Space Up 21.8 Percent

By Les Shaver for GlobeSt.com  As COVID-19 forced lockdowns across the country, the amount of vacant sublease increased in the first half of 2020, according to new figures from Cushman & Wakefield.   C&W monitored activity across 83 office markets and 92 industrial markets in North America and determined sublease vacancy generally increased across the office market and minimally throughout […]

Subleasing, Rent Pressures Equal Trouble for Office

By Rayna Katz for GlobeSt.com  Given corporate America’s reluctance to return to offices rather than work from home, current conditions in office properties—and the likely near-term future—are looking bleak. Looming excess supply on the horizon will also be a problem, according to a new report on the top 25 US Office Markets from Colliers International.  All told, the mid-year research stated, […]