Remove 2023 Remove Commercial Property Management Remove Management
article thumbnail

Impact of RTO on Commercial Real Estate Trends

Esquire Property Management Group

For example, recent KPMG research of 1,325 CEOs in eleven countries found that although 60% of managers choose RTO mostly because of financial obligations such office leases, this position might result in more employee turnover and discontent. How is RTO Effecting Rates for Commercial Leasing? billion in 2024.

article thumbnail

Spring Cleaning Property Maintenance Checklist for 2023

Colliers

Spring cleaning is in the air and a perfect time to formulate a practical plan for landscaping, improvements, and HVAC maintenance to make your commercial property the best possible building for potential tenants and buyers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing.

article thumbnail

Q3 Silicon Valley Commercial Real Estate Outlook

Esquire Property Management Group

Silicon Valley Office Market In the third quarter of 2023, the iconic Silicon Valley commercial real estate office market faced ongoing challenges. Net absorption recorded a negative 1.8 million square feet, surpassing the Q2 2009 record during the Global Financial Crisis of 2007-2008. Approximately 15.8% year-over-year to $3.05

article thumbnail

Positive Impact of Return to Office (RTO) on Commercial Real Estate Trends

Esquire Property Management Group

For example, recent KPMG research of 1,325 CEOs in eleven countries found that although 60% of managers choose RTO mostly because of financial obligations such as office leases, this position might result in more employee turnover and discontent. What are RTO Effects on Values of Commercial Buildings? billion in 2024.