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San Francisco Office Market Shows Signs of Life
Business

San Francisco Office Market Shows Signs of Life

Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link

A Mall Owner’s About-Face: Bet on America’s High-End Malls
Business

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan

WeWork Taps Directors With Bankruptcy Chops After Board Resignations
Business

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of

WeWork Raises Doubt About Its Survival
Business

WeWork Raises Doubt About Its Survival

WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid

Local Malls, Stuck in 'Death Spiral,' Plunge in Value
Business

Local Malls, Stuck in 'Death Spiral,' Plunge in Value

Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source link

London's Canary Wharf Takes Brunt of Real-Estate Pain
Business

London's Canary Wharf Takes Brunt of Real-Estate Pain

Empty offices, remote working and corporate tenants fleeing to buzzier parts of the U.K. capital are all hitting the 30-year-old business district. Source link

Next Wave of Remote Work Is About Outsourcing Jobs Overseas
Business

Next Wave of Remote Work Is About Outsourcing Jobs Overseas

The idea came to Johnny Taylor Jr. early last year, after one of his employees made a case that her technology position could be done

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Business

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Finances

Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal

WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link