office space

The transition into fall typically brings cooler temperatures and a surge in tourism to Miami. However, many of these seasonal visitors have chosen to make Miami their home in recent years, opting out of some larger cities’ cooler winters and taxes. This influx of new residents, like Citadel...

Amazon.com Inc. (NASDAQ:AMZN) is reportedly searching for office space in Miami. This development coincides with the company’s founder and former CEO, Jeff Bezos’s impending relocation from Seattle to Florida. What Happened: Insiders, choosing to remain...

Despite a recent push by corporations to get employees back to the office, at least part-time, it doesn’t look like work-from-home is going anywhere. The ability for employees to work remotely has crushed demand for commercial real estate, leaving large office buildings in cities like San...

WeWork Inc (NYSE: WE), once valued at $40 billion, is now in trouble and warned investors Tuesday that it could be going out of business soon, according to a recent SEC financial filing from the company. WeWork, which allows customers to rent office space, has struggled since the COVID-19...

The Institute of Governmental Studies at the University of California, Berkeley is using mobile phone data containing user locations to gather data surrounding office attendance. The newer method of data scraping directly measures downtown activity patterns and offers a unique way to monitor the...

Elon Musk, the Tesla Inc (NASDAQ: TSLA) and Twitter CEO, is known for using memes. On Monday night, Musk posted a meme from the 1999 movie “Office Space” in a defacto exit interview with a former Twitter employee and was met with a lot of criticism.  What Happened: Halli...

The crush of high-interest rates, decreasing availability of lending capital and what many believe is a looming recession could drop investment volume in the commercial real estate space by 15% in 2023.  According to new survey data from CBRE Group, 60% of respondents said they’ll...

According to a survey performed by FlexJobs between March and April 2021, the data revealed that 65% of respondents said they want to remain full-time remote workers after the COVID-19 pandemic. Meanwhile, 58% of workers said they would “absolutely” look for a new job if they cannot...

Elon Musk is known as an innovator and a lightning rod. Still, his recent actions at Twitter Inc. are not that different from any other corporate owner or CEO dealing with a declining workforce. Musk, Twitter’s new owner, stopped paying rent on the company’s San Francisco headquarters...

SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF)-backed shared office provider, WeWork has decided to go public via special-purpose acquisition company (SPAC) merger with BowX Acquisition Corp (NASDAQ: BOWX), almost two years after its failed traditional initial...

The bullish case for Empire State Realty Trust Inc (NYSE: ESRT) has come to an end after a lack of available office space helped the company generate above-average same store net operating income growth over the past year, according to BTIG. The Analyst BTIG's Thomas Catherwood downgraded...