Office space

Meta (Facebook) Leases All Office Space in Austin's Tallest

The Austin Business Journal reports that Meta (former Facebook) has leased all 33 office floors of the under construction Sixth and Guadeloupe Tower, which is due to open in 2023.  read more »

Downtown Calgary: Not Overbuilt, But Under-Demolished?

North America’s largest post-World War II central business district has just received unwelcome news (Note). Writing in the Calgary Herald, columnist Chris Varcoe (“Staggering $17B drop in value of downtown towers fuels search for solutions”) reported that downtown property assessments were down C$1.1 billion in a single year.  read more »

The Undead Suburban Office Market

The restoration of central city living and working environments has been one of the more important developments in the nation’s metropolitan areas over the past two decades. Regrettably, a good story has been exaggerated out of all proportion in the print, electronic and online media.    read more »