10Y UST4.57%+0.44%30Y MTG6.55%+0.92%SOFR3.62%-0.55%VNQ$100.02-0.05%XLRE$45.42-0.09%FED FUNDS3.63%
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Institutional Press Wire
Sectors

Office

The most disrupted CRE sector of the decade. Trophy outperforms, commodity underperforms, and the basis at which capital re-enters Class B will define the next cycle.

State of the Market

Office at a glance

Updated continuously
Tracked items
0
Most active: San Francisco
10Y UST+0.44%
0.00%
30Y MTG+0.92%
0.00%
SOFR−0.55%
0.00%
Analyst’s read

The office sector continues to navigate a complex landscape shaped by evolving work patterns and shifting tenant demands. While some markets exhibit resilience, others face challenges related to vacancy rates and tenant retention, prompting a reevaluation of space utilization strategies. Lenders remain cautious, with a selective approach to financing, reflecting broader economic uncertainties and the need for adaptive reuse of existing assets. Allocators are increasingly discerning, favoring opportunities that align with long-term trends in hybrid work and sustainability, while remaining vigilant about potential risks in the broader economic environment.

Most active markets
  • San Francisco6
  • Boston3
  • Chicago2
  • Denver1
  • New York1
  • Charlotte1
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

News Wire — Office

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Connect CRE · Denver · Office

UCHealth Acquires Two Greenwood Village Office Buildings

UCHealth purchased Greewood Plaza, a two-building office pair at 6550 and 6560 Greenwood Plaza Blvd., in Greenwood Village. The Denver Business Journal reports the healthcare company paid $19.3 million for the propert…

Jul 17
REBusiness Online · Chicago · Office

Swanson, Martin & Bell Inks 56,760 SF Office Lease in Chicago

CHICAGO — Swanson, Martin & Bell LLP has signed a long-term headquarters lease restructure and renewal at 330 N. Wabash Ave. in Chicago. The 52-story riverside office tower is the last building in the U.S. designed by…

Jul 17
REBusiness Online · Office

Caddell Construction Opens New Office in Columbus, Ohio

COLUMBUS, OHIO — Caddell Construction has opened a new corporate office in Columbus within Grandview Yard. Despite launching its first corporate office in the state, the company is not new to Ohio — its first job date…

Jul 17
Connect CRE · New York · Office

JV of Synergy, Axonic Acquires Downtown Boston Office Tower

Locally based Synergy and New York-based Axonic Capital have acquired 265 Franklin St., a 21-story Class A office tower in Downtown Boston. The acquisition marks the first joint venture between the two firms. The sell…

Jul 16

Archive — Office

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ACQUISITION · Minneapolis · Office

Laurus Corporation Acquires Woodlake Centre in Minneapolis, MN

Laurus Corporation announced its first acquisition in the Minneapolis area with the 190,000 sq ft Woodlake Centre, a high profile destination for medical and professional services in Richfield.

Source: PR Newswire|Feb 13, 2014|Laurus Corporation