Office Space Vacancies Monitored Closely As Numbers Begin To Fall
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Office Space Vacancies Monitored Closely As Numbers Begin To Fall

ByTMN Editor Reading Time: 4 minutes

By CHUCK GREEN Office vacancy rates are being monitored closely as the commercial space industry continues to grapple with COVID’s effects on the workplace. In Los Angeles, office activity stagnated in the first quarter of 2022. One-fifth of total inventory remained vacant and rents remained unchanged, according to Greg Cornfield at Commercial Observer. Other major…

Despite Changes, Office Spaces Are Not A Thing Of The Past
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Despite Changes, Office Spaces Are Not A Thing Of The Past

ByTMN Editor Reading Time: 4 minutes

By DOUG OHLEMEIER Despite many employees working from home and companies adopting hybrid work models, investors are still attracted to the land of cubicles. While office suites aren’t as packed with workers as before the pandemic, the commercial market remains strong. “There is investor interest in office properties,” said Stephen Newbold, National Director in the…

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