JPMorgan Chase, the largest U.S. bank, has announced a new policy requiring all employees to return to the office full-time starting in March 2025, ending the hybrid work model adopted during the pandemic. This decision affects approximately 300,000 employees, including…
Leasing office space is a significant decision for any business, and for tenants unfamiliar with the process, it can feel overwhelming. Understanding the terminology and key considerations can help tenants make informed decisions that will benefit their business in the…
The average time a tenant stays in an office space can vary widely depending on several factors such as lease terms, market conditions, and the tenant’s business needs. Generally, most office tenants remain in their space for about 3 to…
The average vacancy rate in commercial office spaces varies depending on location, market conditions, and the economic climate. In a strong market, vacancy rates tend to be lower, hovering between 5-10%. However, during economic downturns or periods of oversupply, vacancy…
