News & Analysis as of

Office Space Commercial Leases

IR Global

Understanding The Impact Of Remote Work On Commercial Real Estate Leasing

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A lasting impact of the COVID-19 pandemic involves the surge in individuals working from home, which increased from 9 million to 22 million between 2019 and 2023, according to data from the United States Census Bureau. As a...more

Allen Matkins

What is the outlook for the office sector right now?

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“The 'flight to quality' continues. Office building landlords with space available in upscale buildings (with state-of-the-art amenities) located in hot submarkets are very active right now. Most companies have realized...more

Clark Hill PLC

Clark Hill 2025 Commercial Real Estate Outlook: Hybrid Work Models and Lease Restructuring

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Although the COVID-19 pandemic has ebbed from the daily lives of workers, its impact on hybrid work continues. While no consensus has emerged, the hybrid work model, which requires splitting the work week between going into...more

Seward & Kissel LLP

“Back to the Office” Pressure Builds on Financial Service Providers Looking for High-End Office Space in NYC

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One word that best describes the 2024 New York City office leasing market: resilient. Due in part to the financial services sector ramping up its “return to office” policies and a dwindling supply of Trophy and Class A office...more

Levenfeld Pearlstein, LLC

Speculative Suites Are On the Rise: 5 Lease Provisions Landlords Should Consider

In today’s office leasing market and with recent construction challenges, landlords are seeing a competitive market advantage in developing and offering speculative suites to attract tenants. In recent years, many companies...more

BCLP

Business Rates and the Bar - Occupation, Purpose and Trust in a Set of Chambers

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In the recent case of Prosser v Ricketts [2024] UKUT 264 (LC), the Upper Tribunal Lands Chamber (UT) had to decide whether barristers’ chambers rooms should be treated as a collective, single unit for business rates purposes,...more

Tonkon Torp LLP

Has the Commercial Real Estate Market Hit Bottom Yet?

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On July 17, 2024 I attended a webinar hosted by First American Title about the commercial real estate (CRE) market in transition. Here are some important takeaways. In the overall economy, inflation peaked in the summer of...more

Epiq

Reimagining Law Firm Operations: Insights from the Am Law 200 C-Suite

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In a time where hybrid work models have transitioned from being an exception to the standard, law firms find themselves at a crossroads, needing to reinvent their operational strategies to remain competitive. A...more

Katten Muchin Rosenman LLP

How Will Rising Interest Rates and Economic Uncertainty Impact Real Estate Industry in 2024?

Katten and Cushman & Wakefield have partnered to provide commercial real estate thought leaders with an opportunity to network and examine current factors impacting the industry during a January 25 event in Charlotte. Real...more

Levenfeld Pearlstein, LLC

Adapting to Shifts in 2024 Real Estate Investment Landscape

The landscape of commercial real estate investment encountered substantial hurdles in 2023. Challenges such as sluggish rent growth, reduced transaction volume, and the emergence of potential debt-related distress impacted...more

Partridge Snow & Hahn LLP

Downtown Office Conversion

“Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” — Mark Sanborn. This past July, Boston Mayor Michelle Wu,...more

Ballard Spahr LLP

Five Things Every Office Building Owner (and Its Lender) Should Consider

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The drumbeat of the challenges facing almost every corner of the office building market should be loud and clear to owners and lenders. For some, the current situation is dire, while for others it will likely worsen in the...more

K&L Gates LLP

Lay of the Land: Office and Residential Trends in Washington, D.C.

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In this episode of Lay of the Land, our hosts speak with housing, economic development, policy, and land use professional Andrew Trueblood. Focusing on trends in office and residential real estate markets in Washington, D.C.,...more

K&L Gates LLP

Lay of the Land: Global Office Trends

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In our second episode of Lay of the Land, hosts Heather Horowitz, Jen McCosker, Christian Major, Tobias Gries, and Anna Amprimo discuss office asset market trends in the United States, Australia, the UK, Germany, and Italy....more

Akerman LLP

Considerations for Office Landlords and Tenants in a Post-Pandemic Climate

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It's not news that the office buildings in most big cities have been under stress as a result of the pandemic. Due to increases in remote work, when leases roll, many tenants are either not renewing or they are taking less...more

Womble Bond Dickinson

[Event] Best Practices for Lease Reviews and Negotiations – Items to Consider Before Your Company Signs That Lease - July 26th,...

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This event is only open to in-house counsel. Join ACC Baltimore and Womble Bond Dickinson for a luncheon presentation focusing on commercial office lease provisions/clauses that require close attention to limit restrictions...more

K&L Gates LLP

Manhattan Commercial Revitalization Program (M-CORE) Launched to Transform Aging Office Buildings

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As many companies settle into hybrid work models, office occupancy rates in the United States have flatlined during the first half of 2023. In the Borough of Manhattan (the Borough) in New York City, upwards of 255 million...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening to: June 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - The Luxury Shopping Oasis Emerging in San Francisco’s Struggling Downtown (Wall Street Journal): Although local foot traffic may be down,...more

Sands Anderson PC

From Condos Made of Stone-a, to Professional Office Condominiums

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If you’re my vintage, you might remember Steve Martin’s catchy 1978 hit tune, “King Tut,” whose protagonist “lived in a condo made of stone-a.” Good luck getting this out of your head....more

Tonkon Torp LLP

Tenants’ Market Brings Bargaining Power for Office-Space Buildouts

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COVID-19 shook nearly every industry to its core, but never more so than for commercial office space. Before the pandemic, downtown office space across the United States favored landlords in virtually all aspects of...more

Kohrman Jackson & Krantz LLP

Downtown vs. Suburban Offices: Commercial Office Space Leasing In A Post-Covid Market

Twenty-seven months ago, we couldn’t begin to comprehend the length or severity of the pandemic, nor its long-term effect on commercial office space. Today it is still not possible to make an accurate prediction, but a few...more

Tonkon Torp LLP

TriMet’s New Lease Is a Snapshot of the Downtown Office Market

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I’ve been thinking a lot about a recent article from the Portland Business Journal describing TriMet’s new lease for its administrative offices in downtown Portland’s One Main Place building....more

Allen Matkins

5 Trends in Office Space Utilization

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At the Allen Matkins 14th Annual View From the Top real estate summit, one of the panels discussed landlord and tenant space utilization trends and issues in the wake of the COVID-19 pandemic. The conversation, moderated by...more

Allen Matkins

Office Developers Signal an Upward Turn in the Market

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While the question, “what is the future of the office building?” is still on the minds of everyone who owns or develops office space, it has become clear that the latest return-to-office activity has our Allen Matkins/UCLA...more

Farella Braun + Martel LLP

[Webinar] Eviction Moratoriums and Commercial Leasing: Current Issues - June 15th, 10:00 am - 11:00 am PT

The pandemic has had wide ranging impacts on commercial leasing. In this installment of our speaker series, we will discuss current issues in commercial leasing such as the eviction moratoriums, building management, and...more

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