Top News for Real Estate Pros
Cushman & Wakefield’s New Boston Office Designed With This Illusion in?Mind
When 戴德梁行 ’s employees in Boston stepped inside their new office for the first time in August, they were hit with a carefully designed optical illusion. Many workers said it looked bigger than their old workplace despite actually being smaller than the firm's previous office.
Artificial Intelligence Pushes Creation of New Data Center?Designs
Architects designing data centers are experimenting with various designs, such as building data centers with higher ceilings to accommodate the increased heat generated by the densely clustered and powerful servers used in artificial intelligence.
Avison Young Secures Added Capital Following S&P Ratings?Downgrade
Avison Young has reached a deal with its lenders that will exempt it from making "certain payments on its term loan" following S&P's recategorization of the firm to the selective default category, citing its default on $400 million in debt.
Cubicle Crunch: Developers Demolish High-End California Offices To Put up Warehouse as Demand?Shifts
On a gloomy Wednesday afternoon in an affluent part of Southern California, an excavator's claws sink into the face of a recently renovated, high-end office property, kicking off a demolition to make way for a warehouse.
Newmark's Major Deals Drive Double-Digit Sales?Growth
Newmark Group said its earnings and revenue jumped in the fourth quarter as the New York-based brokerage completed some of the nation's biggest lease and capital markets deals of 2023.