WeWork has raised a fresh slug of equity for the fund it is using to make real estate acquisitions.
Office owners are entering the co-working market, providing flexible workspace options to prospective tenants—and they are giving operators stiff competition.
Three months after the internet giant announced it would open a 25,000-job headquarters in New York City's Long Island City neighborhood, the company has changed course.
Despite the changing sentiment—which focuses on developers that would be delivering properties in three years—the current market is still strong.
The 9-to-5 workday has run its course. More people than ever are freelancing, and with this shift, cubicles and restrictive workspaces are on the outs.
Often, a presence of flexible space is most common in newer or renovated office buildings, and that could account for the boost in pricing among some of the properties.
Tech-driven regional markets were key in keeping national office fundamentals strong last year, according to the latest report from Cushman & Wakefield.
"Experiential" is usually associated with retail space these days, but property giant JLL believes it has applications in the office sector as well.
The 130M SF of total U.S. office product under construction at the end of 2018 is down from a cyclical high of 136M SF at the end of 2016.
The average knowledge worker is at their desk only 40 percent of the time, according to the Gartner Group. Organizations are rapidly adjusting their workplaces to adapt to this new type of work.
As 2018 draws to a close, new innovations, new ideas and new designs have all played their part in keeping the real estate industry on its toes throughout the year.
Search giant joins Amazon, Apple in growing outside the West Coast; addition of 7,000 jobs a ‘conservative estimate’.
One of the most successful tech incubators in New York City is growing its ambitions into the world of coworking and beyond.
Attention office furniture sellers, the new campus will have space for up to 15,000 workers and will add 5,000 jobs in the immediate future.
WeWork announced the launch in August of HQ by WeWork, which is aimed at midsize businesses with between 11 and 250 employees looking for WeWork-managed spaces that are exclusive to their companies.
When it comes to employee retention, the building itself can play a huge role in enticing people to stay. Workers