Office

Competition for tenants in markets with an oversupply problem is pushing concessions higher, according to real estate services firm JLL.

The survey, based on more than 500 responses, found that companies using flex space felt agility was the greatest value, allowing them to assign employees to a space on short notice.

Mid-rise office assets provide an increasingly cost-effective option for investors and tenants in urban core areas.

As a percentage of rentable area under construction, speculative office development this year is at the highest percentage CoStar has seen over 13 years.

Investment sales volume for office assets in the suburbs is now outpacing sales in central business districts.

Class-B buildings currently represent an underserved value for owners and developers.

In a Q&A with NREI, Amol Sarva, Knotel co-founder and CEO, shares his views on flexible office space and the future of office space in general.

While there has been some major buzz in favor of suburbia, the truth is that the growth may not last.