Market Share

The Official Blog for Commercial Real Estate

Tag: office development

Downtown Calgary

The Future of Downtown Calgary

  • October 10, 2024
A devastating natural disaster, followed by a sudden (and equally devastating) recession, followed by a global pandemic. This trifecta of horrors sent Calgary into a tailspin for nearly a decade. Now the largest city in the Canadian province of Alberta is rebounding in a big way. And the commercial real estate industry not only is riding the bounce-back wave; in many ways, it’s steering it.
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Office workers

Gallup Report Indicates Need for In-Person, Engaged Workplaces

  • June 27, 2024
Has remote work hurt employees and is it time to return to the workplace to boost social connections, receive in-person mentoring and reduce isolation? The answer may be yes, but there is also a need for employers to create supportive and well-managed workplaces.
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Old ways won't open new doors

Developing Leader Spotlight: A Catalyst for Positive Change

  • May 30, 2024
“The spaces we occupy profoundly influence our lives, and it is my goal to shape those spaces in a way that enhances the well-being, productivity and creativity of individuals and businesses alike,” said Jace Jonsson, a recipient of the 2023 Developing Leaders Award. Jonsson said that his commercial real estate career has always been driven by the desire to be “a catalyst for positive change” within the commercial real estate industry and the broader community of Calgary in Alberta, Canada.
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RBC Gateway: Soaring to New Heights in Minneapolis

  • May 9, 2024
Standing 37 stories in downtown Minneapolis is RBC Gateway, the first Class A office building constructed in the city since 2001. Members of the NAIOP National Forums enjoyed a tour of this facility during the National Forums Symposium held this week in Minneapolis.
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To Transform the Nation’s Downtowns, We Need the Public Sector

  • April 29, 2024
In the wake of the coronavirus pandemic, many downtowns across the country remain disquietingly vacant. The U.S. has the highest office vacancy rates since 1992. Some levels of hybrid and remote work are here to stay, and now the commercial real estate landscape faces some tough decisions, offering both challenges, which are clear, and unique opportunities, which are less well-defined but coming into focus.
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Office space

2024 Resolutions for Office Owners and Brokers

  • February 2, 2024
As we start a new year, the office outlook is still mixed. Although more companies are requiring employees to be in the office some days per week, we are far from the high occupancy that many central business districts enjoyed before 2020. Companies are still figuring out their workplace strategies – how often to bring in employees and how to better use their space for the reality of work today.
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Office space

US Office Affordability: How Much Space Can You Rent for $120k/Year?

  • January 23, 2024
As the office sector undergoes transformations in response to evolving work trends and the flight-to quality movement, businesses continue to seek the best office spaces that can suit both their needs and their budgets. For most, the perfect choice may lie in a compromise between location clout and asset quality.
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office space demand forecast

NAIOP Research Foundation: Slow Rebound Expected Ahead for Office Space Demand

  • December 15, 2023
This year has continued to be one of recalibration and reevaluation for office space usage across the U.S. What does the data show about office usage now and what’s ahead? In a recent NAIOP webinar, the authors of the recent office space demand forecast published by the NAIOP Research Foundation explained their research findings.
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