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Office properties sold at an average of $179 per square foot, down 9% from the average sale price last year, though that marks a slowdown from the 24% drop from 2022 to 2023.
Paramount enclosed and expanded the mall in 1989, adding more than 200,000 square feet (18,580.6 m 2) of retail space in the process. The enclosed space contained nearly 2 million square feet (190,000 m 2), making it one of the largest malls in the country. The biggest change was remodeling the Famous-Barr home store/Venture office space into a ...
One Worldwide Plaza contains 1.5 million square feet (140,000 m 2) of office space. [7] The upper stories each have 20,000 to 72,000 square feet (1,900 to 6,700 m 2 ) of rentable space. Each story has an open plan , and the slab-to-slab height of each story is 13 feet (4.0 m). [ 38 ]
Indeed, there may be as much as 1 billion square feet of unused U.S. office space by the end of the decade, according to a report by real estate firm Cushman & Wakefield.
[29] Of the proposed 4.2 million square feet of office space, half would be rentals at the going market rate. the second, revised plan called for increasing the floor area ratio from 12 to 18 (Floor area ratio (FAR) is the measurement of a building's floor area in relation to the size of the lot/parcel that the building is located on). The ...
For example, the American Home Shield study found that in New York City, where residents tend to live in small apartments, the price per square foot averaged more than $1,500, while in Utah, where ...