Heather Moore+FollowDenver office towers selling for pennies on the dollarDowntown Denver’s office market is seeing jaw-dropping price drops—Trinity Place, a 17-story tower, just sold for $6 million after being bought for $40 million in 2019. That’s not a typo. Similar deals are popping up all over, with buildings that once fetched $100 million now going for a fraction of that. With 60% of Trinity Place sitting empty, it’s clear the city’s commercial real estate is in a major shakeup. What do you think this means for the future of downtown Denver? Could these bargains bring new life, or is this a warning sign? #RealEstate #Denver #OfficeMarket00Share
Matthew Jackson+FollowDowntown Dallas office shakeup: What’s next?Downtown Dallas now has the second-highest office vacancy rate in the country, just behind Seattle. That’s a huge shift for the city’s core, and it’s changing the way businesses and developers think about office space. While some towers are selling for a fraction of their former prices, others are getting snapped up for record amounts. The trend toward high-end, amenity-rich offices is clear, and adaptive reuse is giving new life to old buildings. Suburbs and neighborhoods like Uptown are thriving as companies rethink where—and how—they work. How do you see these changes affecting Dallas in the long run? #RealEstate #Dallas #OfficeMarket00Share
megan01+FollowBoston’s office scene: Pricey, busy, and changingBoston’s office market is holding strong as one of the most expensive and active in the Northeast, with rents just behind Manhattan and a huge wave of new construction underway. Even as vacancy rates remain high and hybrid work reshapes how companies use space, Boston’s development pipeline is outpacing other cities. What’s driving this resilience? Is it the city’s tech and life sciences boom, or something else? And with coworking spaces on the rise, how do you see the future of office life in Boston? Let’s hear your take on what’s next for our city’s workspaces! #RealEstate #Boston #OfficeMarket00Share
Samantha Welch+FollowBoston office building sells for 63% offA downtown Boston office building just sold for $19 million—less than half its pre-pandemic price tag of $51 million. This huge drop shows how much the city’s office market is still struggling as remote work and empty offices shake things up. The new owners, Chevron Partners, plan to revamp the space with a modern lobby, lounge, and fitness center to attract tenants. With more buildings selling at steep discounts, it’s clear Boston’s commercial real estate is being totally redefined. How do you think these changes will impact the city’s vibe and local businesses? #RealEstate #Boston #OfficeMarket00Share
Brad Caldwell+FollowBoston’s office market gets a reality checkA downtown Boston office building just sold for $22.5 million—less than a third of its assessed value! Synergy, a local real estate investor, snapped up 101 Merrimac Street at a huge discount, reflecting how much the office market has shifted since the pandemic. With high vacancies and changing work habits, even prime locations are going for bargain prices. Synergy has made a habit of buying these discounted buildings and giving them a facelift. What do you think—are these deep discounts a sign of trouble, or an opportunity for Boston’s future? #RealEstate #BostonRealEstate #OfficeMarket00Share