Remove 2023 Remove Commercial Property Management Remove Tenant
article thumbnail

Impact of RTO on Commercial Real Estate Trends

Esquire Property Management Group

Office occupancy in the United States was at approximately 50% as of May 2023, which is a sharp drop from pre-pandemic levels when office buildings were usually almost full. To stay competitive, landlords and property owners are thus being compelled to reconsider their leasing tactics and make improvements to their properties.

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. million square feet, driven by large tech tenants subleasing their spaces. The Silicon Valley commercial real estate office development pipeline, totaling 66.4 pre-leased.

article thumbnail

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

Esquire Property Management Group

Office occupancy in the United States was at approximately 50% as of May 2023, which is a sharp drop from pre-pandemic levels when office buildings were usually almost full. To stay competitive, landlords and property owners are thus being compelled to reconsider their leasing tactics and make improvements to their properties.