Less Building Now, Higher Office Rents Later

Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.

Commercial Property Sales Plunge

Jitters over the European debt crisis and stagnant office rents contributed to a drop of more than 40% in sales volume in Manhattan’s commercial real-estate market during the last quarter of 2011, according to a new report.

In San Francisco, Tech Firms Happy With ‘B’ Office Space

The U.S. office market is in an era of sluggish growth, as noted in today’s paper. Just not in San Francisco, where fast-growing tech firms are gobbling up space, pushing office rents up.

Office Sector Shows Sluggish Growth

San Francisco saw office rents rise faster than any other U.S. market in the second quarter, but the pace of growth in occupied U.S. office space slowed slightly, according to a report from Reis.