Office Space

Office Space

June 15, 2025
Don Catalano
wework

WeWork Bounces Back: What Their Comeback Means for Flexible Real Estate

At its peak, WeWork was valued near $50 billion, leasing over 50 million square feet worldwide. The plan was simple: sign long-term leases on prime office space, then rent it out flexibly to startups and big companies alike. But the pandemic hit hard. By 2023, WeWork was buried under $13 billion in lease obligations as […]
Continue Reading
landlord costs

When Every New Tenant Costs More: Inside the Office Market’s Construction Cost Spiral

Landlords aren’t just struggling to fill space—they’re bleeding out trying to build it back. The new reality in commercial real estate? Every tenant that walks out the door leaves behind a deeper hole—and replacing them isn’t just harder, it’s significantly more expensive. So, any way landlords bring in new tenants is through one expensive concession […]
Continue Reading
AI office

The AI Bloodbath is Here…And It’s Taking the Office Market With It

The Collapse of Entry-Level White Collar Jobs Could Wreck the Office Market There’s no soft landing here. The numbers are out—and they’re grim. The World Economic Forum predicts that 83 million jobs will vanish globally by 2027 due to AI. Goldman Sachs takes it a step further: 300 million jobs at risk worldwide, with 10 […]
Continue Reading
vacancy tax san francisco

Will a Vacancy Tax on Commercial Properties Save Downtowns? Probably Not.

Commercial Landlords Are Down—Now California Wants to Finish the Job. California’s Senate Bill 789 is a vacancy tax pitched as a cure for downtown decay. But tenants should ask: what happens when you tax the landlords out of existence? The proposed bill would slap a $5-per-square-foot annual tax on commercial properties vacant for 182+ days, […]
Continue Reading

How To Identify Distressed Office Properties

With high vacancy rates, an increasing number of landlord defaults, and an oversupply of office space, the landscape is ripe for corporate tenants to secure prime properties at a fraction of the price. This environment presents both challenges and opportunities—especially for those who know how to spot distressed properties and leverage the current market conditions […]
Continue Reading

Finding the Perfect Office Location: 6 Key Metrics You Need to Know

In today’s competitive market, where talent is scarce and every dollar counts, choosing the right location can make or break your business. From boosting employee morale to improving your bottom line, every decision around your office choice has a ripple effect. So, how do you make sure you’re choosing wisely? Let’s dive into the must-have […]
Continue Reading

Finally Some Good News For the Office Market? Positive Net Absorption

After years of unprecedented challenges, the office market might finally be stabilizing. For the first time in years, net absorption of office space turned positive in the second and third quarters of 2024, breaking a five-quarter streak of declining demand. This trend gained momentum in Q4, setting the stage for cautious optimism across the sector. […]
Continue Reading

Tenants Beware: Commercial Real Estate Debt & Distress Climbs

In this article, you’ll learn: The current state of commercial real estate debt, reaching $94.2 billion in distress in Q2 of 2024. The effects of rising interest rates and lower office demand on property values. Landlords selling properties at deep discounts due to reduced occupancy and revenue. Increasing foreclosure risks and defaults among commercial landlords […]
Continue Reading

What Will Happen to Offices in Central Business Districts?

In this article, you’ll learn: The impact of rising office vacancies in central business districts, exacerbating economic challenges for cities. The influence of decreased foot traffic and lower property values on urban economic stability. Potential solutions for repurposing empty office spaces to revive downtown areas. How tenants can navigate the changing landscape of office real […]
Continue Reading

The Top 5 Industries That Office Landlords Want as Tenants

In this article, you’ll learn: Office landlords prefer tenants from industries like finance, law, tech, and media, valuing their long-term leases and high rent potential. Financial service and law firms are favored for their stable cash flows and commitment to lengthy leases. How preferred industries influence office market trends, providing landlords with steady income and […]
Continue Reading
x

Contact With Us!

2220 Plymouth Rd #302, Hopkins, Minnesota(MN), 55305

Call us: (234) 109-6666

Mon – Sat: 8.00am – 18.00pm / Holiday : Closed