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Top 5 Office Projects Under Construction in California According to CommercialEdge data, California had some 38.5 million square feet of office space underway as of April. These are the largest developments in the pipeline. May072021 As the pandemic rendered offices dispensable, California’s office market took a deep dive, leaving owners and occupiers uncertain about what the future holds. Despite the lingering unpredictability, office construction did not come to a halt in California. According to CommercialEdge, the state’s development pipeline encompassed some 38.5 million square feet of office space as of April, and nearly 3.5 million square feet was delivered year-to-date. The list below highlights the largest office projects underway across California, based on CommercialEdge data. ....
12 Must Reads for the CRE Industry Today (March 11, 2021) The standardization of multifamily leasing language nationally may leave more renters subject to eviction, reports Marketwatch. Citigroup is testing at-home COVID-19 tests to employees in some markets as it tinkers with its return to office strategy. These are among today’s must reads from around the commercial real estate industry. America has seen a ‘nationalization of leases’ and it could leave renters vulnerable to eviction amid the COVID-19 pandemic “In the past, leases varied extensively based on where a rental was located. Landlords often relied on local landlord associations to provide them with templates of how to draft a rental agreement. Today, thanks in large part to the internet, this variation has dissipated.” ( ....