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LinkedIn Invests $74 Million In Silicon Valley Office Space

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LinkedIn has made a significant investment in Silicon Valley real estate, purchasing a 120,000-square-foot building in Sunnyvale, California, for $74 million, according to CoStar. Since 2019, AI firms have secured about 6 million square feet of space across major markets. The newly acquired property at 1022 W.

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Office Market Woes Lead to Fire Sale in Chicago Loop

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Allstate sold a 10-story office building located in Chicago’s Loop at millions of dollars below what they had originally purchased the property for, in a loss reflecting the prevailing difficulties in the commercial office market. CoStar reports that the sale at 29 N. million the insurance company purchased it for in 2022.

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IWG’s Spaces To Occupy Historic Downtown Memphis Building

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The coworking operator will take up 18,500 square feet at 107 South Main, a historic building that dates back to 1900 and was vacant for nearly two decades before being purchased by real estate developer 18 Main in 2019.

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Remote Work Has Led To A 15.1% Increase In Housing Prices

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growth in housing prices between 2019 and November 2021 according to a new paper released by the National Bureau of Economic Research (NBER). . Just 30% of Americans think it is a good time to purchase a house at the moment according to a Gallup poll, the lowest level seen since the organization began surveying this question in 1978. .

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Is This Iconic NYC Building’s Transformation The Future Of Offices?

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According to a report published by NBC New York , the property has been sitting relatively vacant since 2019. The Brodsky Organization recently purchased a stake in the property and has since announced plans to transform the building. The New York Times reports that the property will feature 40 residences.

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Don’t Get FOMO – Here Are The Must See Future Of Work Events For September

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Started in 2019, the Future of Work APAC event aims to keep workers from all corners of the workforce informed about upcoming trends and changes that are expected to impact their roles.? . Click here to discover more events and purchase your tickets now! . Spaces: coworking spaces, flexible offices and office design .

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Rent vs. Buy: What’s the Right Decision for You?

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The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As Those wealthier households drove 70% of total renter household growth between 2009 and 2019. In 2019, the median net worth of homeowners was $255,000, compared with a median net worth of $6,300 for renters. “A

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