Real Estate exclusive details Office space is now being razed or converted faster than it’s being built — for the first time in 25 years By Emily Davis Published June 5, 2025, 2:49 p.m. ET ...

CBRE found that across the largest 58 U.S. markets, 23.3 million square feet of space is slated for demolition or conversion to other uses by the end of this year. In comparison, developers are ...

The adoption of cutting-edge digital tools, especially ones with AI integration, can also help facilitate seamless operations when it comes to room bookings and space access. Having a physical ...

Some agencies downsized their office space during the covid pandemic, as many employees moved to remote or hybrid work. Others had already granted telework arrangements to large numbers of workers ...

1. Let Employees Work Where They're Comfortable One way companies can transform their office space to boost productivity and morale is by creating flexible, collaborative work areas to cater to ...

Agency officials were required to determine workstation availability for employees under the May 5 deadline by April 18 and make space assignments by April 22 in a return-to-office app.

But it couldn't happen without it. Office Space tells the story of Peter Gibbons (Ron Livingston), a miserable software engineer at Initech, where he ensures that software is Y2K-compliant.

The average asking rent for office space in downtown, known as the central business district or CBD, was $25.60 per square foot in the first quarter of 2025, according to data from Newmark.