Sentences with phrase «subleasing a space in»

«I can confirm that pending the outcome of the head - tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown Seattle and is evaluating options to sublease all space in our recently leased Rainier Square building,» Amazon VP Drew Herdener told the Seattle Times.

Companies subleasing space in the city include marquee tech companies like Dropbox, Twitter (TWTR), and Zenefits, as well as non-tech companies like Charles Schwab (SCHW).

Office spaces come in a variety of options, but subleasing a space in someone else's office is -LSB-...]

CoStar also measured a rise in sublease space in the market.

Sublease space in the city's top office sub-markets is now more than double the average inventory, with about 587,000 sq. ft. coming on - line monthly.

Oil and gas firms having to downsize or merge are now offering 22.6 million sq. ft. of sublease space in the top seven North American markets, almost double the 10 - year average, according to a recent JLL report.

Best Buy is considering subleasing space in existing stores as one way to achieve the reduction.

Not exact matches

For the past year, they've been subleasing a 1,000 - square - foot space from the owners of the Thai restaurant in town, and now they have their sights on the theater.

The space is available immediately and can house about 1,400 employees, making it the single largest sublease space available in San Francisco, according to the San Francisco Business Times, which first reported the story.

Sublease spaces have asking rents about 17 % below that of direct space and is often move - in ready with furniture, making it more affordable for smaller or new firms.

Effective June 7, 2017, upon the close of the Transaction, the Company terminated the sublease agreement between Croe, Inc. and Acadia Properties for the sublease of office space in Draper, Utah.

Stock now over $ 20 / share... — Twitter Inc. is offering about a quarter of the space at its San Francisco headquarters complex for sublease, adding to a growing amount of excess offices available in the city as the technology industry cools.

The sublease, which the board had arranged through Columbia University, according to CB12, doesn't include the cost of evening security even though the board was clear about its need for night access prior to moving into the space in 2013.

Espaillat said he is hoping to replicate the success Hudson Heights had this past June in a similar situation, where Walgreens agreed to sublease a space for an Associated Supermarket, as DNAinfo New York previously reported.

Whether you are an attorney with an office in a NYC law firm office space sublease, or another office arrangement, you may be inadvertently overlooking high quality referral sources from other practice disciplines.

In 2012, the Nebraska Bar Association was sued over its actions in opposition to shared parenting, resulting in its dues being reduced, requiring the elimination of staff, subleasing of office space and cutbacks in travel and elimination of eventIn 2012, the Nebraska Bar Association was sued over its actions in opposition to shared parenting, resulting in its dues being reduced, requiring the elimination of staff, subleasing of office space and cutbacks in travel and elimination of eventin opposition to shared parenting, resulting in its dues being reduced, requiring the elimination of staff, subleasing of office space and cutbacks in travel and elimination of eventin its dues being reduced, requiring the elimination of staff, subleasing of office space and cutbacks in travel and elimination of eventin travel and elimination of events.

The loss of mandatory dues took a heavy toll on the bar association, requiring the elimination of staff, subleasing of office space, cutbacks in travel and elimination of events.

«Sublease space is offered at a discount, and that is putting a little dent in rental rates,» said Jesse Gundersheim, a market economist with CoStar.

No new buildings are likely to be announced in the short term due to the vacant space created by tenants relocating to new buildings, as well as some large sublease spaces that have come on line.

The outlook for 2016 is expected to be extremely slow in Houston, with rising vacancies, flat or even declining rents and a heavy load of space still left to absorb due to a high volume of sublease space coming back to the market and a wave of new construction completions.

In particular, Houston's «Energy Corridor» on the west side of the metro has been dealing with a significant amount of sublease space and rising concessions.

The company is subleasing a portion of Ligan Pharmaceutical's space in the building and has relocated from its space in Edison.

The city's office - vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a report to be released this week by brokerage Cushman & Wakefield Inc..

In San Francisco the amount of subleasing up - ticked in 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she noteIn San Francisco the amount of subleasing up - ticked in 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she notein 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she notes.

Available sublease space — which can be an indicator of companies scaling back after growing too fast — jumped to almost 1.5 million square feet (139,000 square meters) in the second quarter from 822,000 square feet in the prior three months.

Total office vacancy in Houston currently stands at 14.7 percent, including space available for sublease.

Most of the available space in this market involves subleases with terms left on them.

Retailers that signed leases at high prices in the past several years and are seeking a tenant to sublease their space are also included, according to Steve Soutendijk, an executive director at Cushman.

The statistical software company, which had subleased the space, is Sears Tower's third key tenant renewal in recent weeks, said Menahem Deitcher, senior vice president with CB Richard Ellis Inc., which manages the 110 - story building.

Insurer to move to UBS Tower: Northwestern Mutual Life Insurance Co. is close to a deal to sublease about 32,000 square feet of former Citadel Investment Group LLC space in UBS Tower, 1 N. Wacker Drive, sources said.

The deal would mean that Prime Group Realty Trust, which took over Citadel's lease in 2001, has subleased about 78 percent of Citadel's 161,000 - square - foot space.

Commercial Realtors should consider targeting their efforts toward subleasing, particularly office and warehouse space, as the opportunities in these markets are expected to be more prevalent in the coming months.

Sublease rate discounts are normally in the 15 per cent to 20 per cent range, but Krawitz reports that in Toronto, office space rents to head lessees are in the $ 28 to $ 30 per square foot range, and sublease space is about $ 16 to $ 18 per squaSublease rate discounts are normally in the 15 per cent to 20 per cent range, but Krawitz reports that in Toronto, office space rents to head lessees are in the $ 28 to $ 30 per square foot range, and sublease space is about $ 16 to $ 18 per squasublease space is about $ 16 to $ 18 per square foot.

On the other hand, in some cases subleasing can be a mixed blessing for property owners who may find themselves competing to lease space in their own building (s) at rental rates that are lower than anything they can offer.

Farmington Hills, Michigan (November 30, 2017)-- Friedman Integrated Real Estate Solutions, one of the nation's leading providers of commercial real estate services, recently subleased 235,137 SF of industrial space located at 2500 Enterprise Drive in Allen Park, Michigan.

When sublease space is factored in, the overall suburban vacancy rate fell to 23 percent during the fourth quarter, still high but lower than the 23.6 percent rate of the third quarter, or 24.8 percent a year ago.

The major threat to the sector at the close of 2001 was sublease space, which was hurting absorption and putting downward pressure on rental rates in some markets.

So suggests Evan Combs, a San Francisco - based adviser at Cresa, a corporate real estate advisory firm that helps tech startups land the right space and which began to observe the increase in subleased property in the third quarter of last year.

The biggest indicator: There's suddenly 1.7 million square feet of sublease space available in San Francisco, up more than 50 percent from 1.1 million square feet in November, according to CBRE Group, a commercial real estate services and investment firm.