Tech companies led the way and accounted for the biggest share of space in the 100 largest office leases signed in 2019, according to CBRE.An exclusive look at CBRE anlaysis of the top 100 office leases signed in 2019 reveals that the tech industry was the most active sector inking deals. According to the firm, tech companies accounted for more than 32.4 percent, by square footage, of the 100 largest leases, which topped the sector's 22 percent share of overall office leasing in 2018.
BELLWETHER ENTERPRISE STANDS FOR INTEGRITY. We are mission-driven, dedicated to long-term relationships, quality work, organic growth, and ensuring that our clients have access to optimal solutions with certainty of execution. Delivering large-scale capabilities with a boutique-style approach, we redefine the bottom line by contributing to our nonprofit parent company, Enterprise Community Partners, to support affordable housing across the country. We are Capital on a Mission.
Since SoftBank took control of the troubled coworking giant WeWork last year, landlords worldwide have been concerned that the company would downsize or exit its spaces altogether. This was especially true for landlords that allowed leases to be negotiated under the operator’s holding company, potentially placing them on the hook for free rent and tenant improvement (TI) costs.
Watch this on-demand webinar for an expert panel discussion on the state of fintech relevant to real estate and how your business can first assess, then leverage, the right technology to add efficiency for sustained success and scalable growth in 2020.
U.S. markets face the week ahead in crisis mode, lobbying the Federal Reserve hard for action. It looks like nothing short of extraordinary measures can put a floor under rates.
Hong Kong will avoid the kind of property market crash that followed previous economic slumps in the finance hub, according to Financial Secretary Paul Chan.
The mega international real estate show MIPIM, which was slated to start in two weeks in France, has been postponed to June after a number of big firms said they would not be attending. Meanwhile the coronavirus has affected real estate firms in Asia, according to a column in Forbes , and U.S. malls are bracing for a hit, according to GlobeSt.com. These are among today’s must reads from around the commercial real estate industry.