Cushman & Wakefield reports $101M quarterly loss
Cushman & Wakefield reported a net loss of $100.8 million in the second quarter, down from a $6.3 million...
Office Market
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TRD Insights: What #WFH could mean for office and resi costs in tech hubs
The technology industry accounted for over a fifth of major leasing activity nationwide in 2019, making it the biggest...
Columbia Property Trust sees leasing, revenue rise while buildings just 5% full
Looking at the latest quarterly financials from Columbia Property Trust, you might forget that we’re in the middle of...
TRD Insights: Google isn’t coming back to the office until at least next summer. Here’s all the space at stake
In December 2018, Google CFO Ruth Porat announced plans for the search giant’s new 1.7 million-square-foot campus in Manhattan’s Hudson Square, a move that...
Density, a tracker of building users, raises $51M
Density, a startup that anonymously tracks how people move through buildings, has raised $51 million from heavy-hitting investors in...
Office landlords, beware: More of corporate America is looking to reduce space
It’s not just tech firms. Corporate America is looking to trim office space as companies shift to remote work...
40% of bank execs plan to reduce real estate footprint: survey
While banks have begun the slow, careful process of returning employees to the office, most executives aren’t expecting everyone...
Foreign firms are vacating Hong Kong offices like never before
Foreign companies are vacating Hong Kong offices at a blistering pace. Multinational companies vacated 61 percent of the 577,000...
Marcus & Millichap CEO predicts “exodus” from cities to last two years
New York City is reopening, but Marcus & Millichap’s CEO is not predicting a return to form anytime soon....
“Our HQ will be in the cloud”: What if remote-first work is an opportunity, not a compromise?
When it comes to the future of remote work, everyone and their landlord has weighed in. Owners of prime office buildings have dismissed remote...
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