Office

David L. Steinbach talks about Covid-19’s impact, Hines’ new fund and the increasing importance of ESG.

Investors including the Blackstone Group and KKR are betting on life sciences buildings.

The Texas capital captured a net inflow of 217 software and information technology workers per 10,000 existing ones over the past year.

In the challenge to make offices both COVID-19-safe and attractive places to work, firms have been experimenting with working arrangements and space while employees toiled at home.

A lot more is riding on the plan for a skyscraper atop the Herald Square store than an office tower and neighborhood revitalization.

The company's current leadership’s CRE experience and a new structure for going public make success more likely in 2021.

PG&E, which plans to move to Oakland in 2022, sold the building to a joint venture of Hines Atlas for $800 million.

The former financial hub will become home to a splashy science campus and a blitz of luxury apartments.

“The stance of dramatically reducing office space as a result [of the pandemic] has softened in recent months,” notes one market observer.

Marcelo Claure, who is also the COO of SoftBank Group, claims demand for WeWork space is higher than it was before the pandemic.