The office market is said to be nearing its bottom as big tenants continued to cut space and investors sold their properties at massive losses. Yet business trudged on, with return-to-office mandates and property conversions providing glimmers of hope for the sector. Here are some of the top office stories of the past year.
Top Office Stories BM
article3 Min ReadMay 07, 2024 07:30 PMOceanwide Plaza is getting marketed as part of a city rejuvenation ahead of hosting the 2028 Olympics.
article3 Min ReadApril 10, 2024 12:42 PMGoldman Group bought the 44-story former AT&T tower, the nation's second-biggest vacant office building, for $3.6 million.
article4 Min ReadJanuary 05, 2024 02:14 PMInvestor Igor Gabal paid $4 million for a half-vacant, 12-story building in the Loop business district.
article7 Min ReadFebruary 28, 2024 05:06 PMDenver-based Confluent Development is looking for deals emerging for a property type that's in relatively low demand.
article16 Min ReadMay 27, 2024 07:52 PMVacant land, blighted properties, lack of investors block rebound for some Detroit neighborhoods.
article3 Min ReadJanuary 16, 2024 07:11 PMThe national mortgage giant's Midtown Center space adds more vacancies in the office market reliant on entities related to the federal government.
article3 Min ReadJanuary 30, 2024 05:59 PMThe tech giant is throwing its weight behind its return-to-office policy in the latest sign of corporate America's crackdown on remote working.
article8 Min ReadOctober 03, 2024 06:04 PMThe sale of Price Tower on the Oklahoma prairie is caught up in a new lawsuit as an auction is delayed involving the rare property designed by the famed architect.
article5 Min ReadApril 15, 2024 03:16 PMA court atop a 17-story property in Chicago has welcomed NBA teams and other well-known guests.
article4 Min ReadDecember 18, 2024 06:46 PMThe company cited a lack of real estate necessary to accommodate its employees across multiple cities.