Tag Archive | "US Market"
US Office Vacancy rates increase
The average office vacancy rate across US central business districts roase by 0.5% over the last year, research by Cushman & Wakefield has revealed. The national office vacancy rate to the end of June increased from 9.7% to 10.2%. Cushman also said average asking rents continued to rise despite a slowdown in leasing activity across the country. Property [...]
Continue reading...Beverly Hills Office Landlords feel the Pinch as Tenants Benefit
Friday, August 8, 2008
Since the credit crunch started, the office market trends have shifted from a landlord’s market, to a more a level playing field between landlords and tenants in Los Angeles, especially in Beverly Hills. As per Grubb & Ellis Market Report for the second quarter of 2008, the effects of the credit crunch have become evident and [...]
Continue reading...New Office Space Developments & Corporate Downsizing Create Office Building Boom in Boca Raton
Friday, August 8, 2008
In Florida generally, office space vacancy rates have begun to rise due in part to corporate downsizing, especially in the Palm Beach County in Boca Raton. Here they are experiencing somewhat of an office building boom as new office space development projects continue to be delivered. According to CB Richard Ellis Market Report for the second [...]
Continue reading...Luxurious Executive Offices opening in Financial District, NYC
Thursday, July 10, 2008
Brand New Luxurious Business Center Located in the financial district of New York City, Grand Opening with over 70 Suites available, to respond to the high demand of shared office space to let in the Financial District. The center provides a “shared office environment” with the most advanced business tools. It offers luxury furnished offices with [...]
Continue reading...Pacific Business Centers Announces Acquisition of American Executive Center
Wednesday, June 25, 2008
Palo Alto, CA – May 9, 2008 – Pacific Business Centers (PBC) the fast growing provider of on-demand offices and meeting space, announced today it is acquiring a substantial minority equity interest in American Executive Center (AEC) locations in Cupertino and Sunnyvale, California. Both locations will be re-branded as Pacific Business Centers and their operations [...]
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Friday, August 22, 2008
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