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August 9, 2021

Demand For Flex Offices Exploded In Q2, A Sign Of What's Next In The Office Market

[In-Person] Allianz Real Estate's Mike Cale joins Atlanta Money Maker 2021 Aug. 31

Last quarter was a watershed moment for the flex office market’s recovery. 

With significantly less supply on the market than there was at the beginning of the coronavirus pandemic, the providers that survived the past 15 months are seeing soaring demand and deal signings, albeit at lower prices than before, especially in gateway cities.

Demand For Flex Offices Exploded In Q2, A Sign Of What's To Come In The Office Market

“This segment of the market is very twitchy, meaning it's a very interesting leading indicator of what tenants will do,” Ben Wright, founder of flex office data and analysis platform Upsuite said in an interview. Demand for flex office space increased 41% nationally from Q1 to Q2…

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Brookhaven Apartments Sell For More Than $140M

A West Coast commercial real estate firm is beefing up its Atlanta multifamily portfolio.

Brookhaven Apartments Sell For More Than $140M

Los Angeles-based CGI+ Real Estate Strategies acquired the apartment communities The Mille Brookhaven and TwentyNine24 Brookhaven, both at the corner of Clairmont Road and Interstate 85.FPA Multifamily sold the neighboring properties to CGI+ for $144.75M,…

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Office Politics: Anger, Resentment And Belonging

Without well-thought-out policies that examine the potential consequences of white-collar workers no longer gathering in the same place to work every day, countries like the U.S. and UK could see already stark wage inequality between high and low earners grow. And the concentration of white middle-class men at the top of corporations could become further entrenched.

“This new work-from-home technology affects high-skilled workers more than it does low-skilled workers, and that makes high-skilled workers better off, relatively speaking,” Rutgers University professor and Academic Director of the Center for Real Estate Studies Mo Davis said on the second episode of the Bisnow podcast Office Politics: The Battle For The Future Of Work.

A paper by Davis and his colleagues estimated that the gap between high-skilled workers who can work from home and lower-skilled workers who can’t will cause the wage gap between the two sides to widen substantially.

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'America's Getting Back To Work': Economists React To July Jobs Report On Twitter

Total nonfarm payroll employment rose by 943,000 jobs in July, the U.S. Bureau of Labor Statistics reported Friday. The unemployment rate declined by a half percentage point to 5.4%.

Standard revisions added an additional 119,000 jobs to the prior two months' jobs reports, lifting average growth for the U.S. labor market to 832,000 jobs over the past three months.

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