In a first, co-working beats IT/ITeS in office leasing in January-September
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $3.3B across 14 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Cohen Brothers Adds 76K SF in Leases at West Hollywood Campus
West Hollywood’s most recognized mixed-used office campus is racking up more new leases and renewals. Owner Cohen Brothers Realty secured more than a dozen tenant deals for 76,100 square feet at the Pacific Design Cen…
MacKenzie Commercial Real Estate Services Named Leasing Broker for Three-Story Office Building in Charlottesville, VA
GDI Property Group (ASX:GDI): How Perth Office Leasing Shapes Its Cash Distributions
Anderson Family Properties Lands $550M Refi for Century City Office Campus
Anderson Family Properties is set to close one of the largest U.S. office financing deals of the year in Los Angeles’ premier office submarket. The firm has secured a $550 million refinancing for its 940,000-square-fo…
DFW Office Vacancy Drops to 24.6% With No New Deliveries
LinkedIn Offers Mountain View $1.6MM to Keep 429,000 SQFT Campus Expansion Alive Until 2034
LinkedIn is asking the Mountain View City Council to extend its development agreement by five years so it can hold on to the rights to build two more six-story office buildings on its East Middlefield Road campus, pay…