Surviving the RetailPocalypse

With the calendar flipped to 2023, many property owners and managers as well as tenants of office buildings are asking, “Finally, is this the year people come back on site?” While nostalgic memories of fully occupied buildings crowded with people every day may be a bit excessive, most properties saw very modest occupancy during 2022, …continued.

Many companies are striving to achieve climate neutrality, which involves bringing their greenhouse gas (GHG) emissions down to net zero on an annual basis. But most cannot immediately reduce their emissions to that level and will need several years to invest in the required technology as well as change their energy use practices. In the …continued.

As most major cities experience a significant slowdown in central business district leasing activity, smaller, desirable sub-markets offering a rich mixture of office, retail, housing, and public amenities are enjoying a concentration of activity. New York’s Hudson Yards, Chicago’s West Loop / Fulton Market, and Seattle’s Belleview exemplify this trend. Within these markets, including a …continued.