Office Sector

Hudson Pacific Properties and Macerich formed a joint venture to repurpose an aging LA mall.

Lou Haddad says its trophy office buildings are full, with tenants looking to expand.

BXP CEO Owen Thomas said landlords have a role to play in aiding workers post-pandemic, including providing high quality and highly amenitized buildings.

Despite concerns regarding the impact of work-from-home and uncertainty surrounding near-term office usage, office REIT operational performance has been resilient.

Brent Smith said REIT is seeing strong pick up in leasing from smaller tenants.

CEO John Kilroy says REIT positioned to move when market conditions warrant.

CoStar’s Lisa McNatt says Americans are spending $5 trillion of pandemic-era savings in retail and other sectors, and employees are returning to the office.

Heidi Learner of Altus says data points are now being used to look at what’s ahead, rather than just a moment in time.