There might be a glimmer of hope in Pittsburgh’s still-rising central business district (CBD) office vacancy rates. But an ...

Many landlords are feeling the squeeze. With high interest rates and declining property values, some are defaulting on loans ...

Fewer workers downtown means less foot traffic for cafes and other shops. As office culture shifts, downtown businesses are ...

Even as the nation’s office market was battered in recent years, the dramatic spike in vacancy never happened in South Jersey. Even as the nation’s office market was battered in recent years ...

As 2024 drew to a close, the Capital Region counted just over 4 million square feet of empty office space in its nearly 31 million-square-foot market. That was about on par with the picture at mid ...

vacancies are projected to grow by at least one million square feet per year through 2027. Why is this such a big problem? For starters, empty offices mean that Center City office buildings are ...

House Bill 176, “Vacancies in public office-amendments,” aimed to prevent a situation similar to Jennings’ initial appointment process from happening again in the future. Get any of our free ...

But with the Class A office vacancy rate topping 22 percent with sublease and other shadow space factored in, developers are likely to stay in wait-and-see mode until they can see vacancy ...

Fast forward to today, and that once-bustling office tower is struggling to fill vacancies ... On paper, it sounds like a perfect match: empty buildings meet an urgent housing need.