News & Analysis as of

Office Space Real Estate Development

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Arnall Golden Gregory LLP

Local Governments Are Fueling the Office-to-Apartment Conversion Boom — And What It Means for Developers

It is hard to overstate the current wave of office building conversions. With post-COVID office attendance plateauing well below prior levels and housing shortages in most major cities, the conversion of office buildings is...more

Ballard Spahr LLP

Office To Residential Conversion: A Tale Of The City And The Suburbs

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Cozen O'Connor

Cozen Cities - July 23, 2025

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BOSTON—City’s First Office-to-Residential Conversion Project Begins -Construction has officially begun on Boston’s first office-to-residential apartment conversions. This effort is a part of a City pilot program aimed at...more

McGuireWoods LLP

Federal Real Property Presents Opportunity for Private Sector Developers

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The Office of Management and Budget approved recommendations in May 2025 for the consolidation and disposition of 11 federal properties encompassing nearly 7.1 million gross square feet of office space in eight U.S. cities....more

Jones Day

Bring Me Sunshine … but London Rights of Light Injunction Is Refused

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The owner of a property which enjoys a right of light over surrounding properties can seek to restrain development of the surrounding properties which would infringe that right. This can include seeking an injunction to...more

Seyfarth Shaw LLP

Real Estate: Market Pulse (July 2025)

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Seyfarth’s real estate team provides a bird's-eye view of the current state of commercial real estate throughout the country—highlighting which markets and major asset types are active, slowing down, or experiencing shifts....more

IR Global

Understanding The Impact Of Remote Work On Commercial Real Estate Leasing

IR Global on

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

Seyfarth Shaw LLP

Real Estate: Market Pulse (April 2025)

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Seyfarth’s real estate team provides a bird's-eye view of the current state of commercial real estate throughout the country—highlighting which markets and major asset types are active, slowing down, or experiencing shifts....more

Akin Gump Strauss Hauer & Feld LLP

Restoring Common Sense to Federal Office Space Management (Trump EO Tracker)

Revokes previous federal office space executive orders to enable agencies to select cost-effective facilities. The revoked orders are: The Administrator of General Services is directed to initiate the process to amend the...more

BCLP

Tall Building Trends in London

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Tall buildings have hugely contributed to London’s sense of place and rightful place as a world-leading financial centre. They have made a defined impact on the London skyline particularly in the period between 2000-2019 when...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

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (2/26/25) – Uncertainty for Renters, a Record-High Hotel Project Pipeline and Hybrid Hopes...

In our latest roundup, hybrid work creates hope for the office sector, Texas lawmakers ease office-to-residential conversations, service-based tenants are expected to lease more retail space, and more!...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

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Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (12/4/24) – Highest Rate of Office Conversions, Lending Caps for Fannie Mae and Freddie...

In our latest roundup, infrastructure-related ballot initiatives, U.S. Green Building Council’s success stories, support for sustainable building, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/23/24) – Construction Backlog Rebounds, Real Estate Sustainability Grows, and Split...

In our latest roundup, construction output decreased, office utilization unchanged, September apartment starts fell 15% from a year ago as developers pulled permits, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/1/24) – Hybrid Work Technologies, AI in Construction and the Market for Office...

In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (8/14/24) – Commercial Real Estate AI, Hotel Pipeline Growth, and Housing Market...

In our latest roundup, nonresidential spending drops, realtor payment structure changes, office vacancy rates soar, and more!...more

Goulston & Storrs PC

City of Boston Office to Residential Conversion Program Extension

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In June, Mayor Wu announced the extension of the City of Boston's Office to Residential Conversion Program with $15 million in additional funding from the state. The program, which formally launched in October of 2023, aims...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

Coblentz Patch Duffy & Bass

What We're Reading, Watching, and Listening To: July 2024

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - S.F.’s Stonestown to become west side’s largest residential development in 50 years (SF Chronicle): The plan to convert the Stonestown...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (7/2/24) – Increase in Commercial Property Vacancy Rates, Trouble for the Real Estate...

In our latest roundup, the evolution of stadium construction, an increase in legal and legislative action affecting the multifamily sector, and growing concerns for owners of office space....more

Venable LLP

District of Columbia Establishes New Tax Incentives for Office Repositioning in Downtown

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On June 25, 2024, the D.C. Council passed the Downtown Activation Conversion Program Amendment Act of 2024, in a strategic effort to revitalize the downtown area—including portions of Dupont Circle, West End, Foggy Bottom,...more

Allen Matkins

Recently Effective & Pending State Housing Laws - 2024 Land Use, Environmental & Natural Resources Update

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Various state housing bills are currently making their way through the State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the legislation...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (5/22/24) – Federal Infrastructure Money, Hotel Development Pipelines, and Lab Space...

In our latest roundup, Virginia’s governor signs two bills into law, $929 billion in outstanding commercial mortgages come due, banks prepare for delinquencies related to office space, and more!...more

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