Growing Demand For Undersupplied Dublin Flex Market Leaves Space For New Entrants

April 1, 2025 / no comments

The fledgling Dublin flexible office market is seeing improved demand as a growing number of occupiers adopt more fluid and flexible working patterns, according to a new report from CBRE Ireland.
The agent’s Flex Office Operator Survey 2025 found that businesses are prioritising buildings with amenity-rich facilities such as high-quality meeting rooms, fitness facilities and breakout spaces, but it says that Dublin’s flexible space remains well below European city averages, leaving space for expansion and new players.
In 2024, there was 79K SF of takeup by flex office operators in the Dublin market, which included notable deals at 3-8 Hume St. with Iconic Offices…

Developer Tom O’Brien Says He Has Decided Not To Run For Mayor

April 1, 2025 / no comments

After weighing a run for mayor, Boston developer Tom O’Brien has opted not to enter the race. 
The founding partner of HYM Investment Group and former planning chief of the Boston Redevelopment Authority, O’Brien released a statement Monday saying he had considered running for mayor because he cares “deeply” about the city.
“After many conversations with people I know, trust and admire, I’ve decided not to pursue a political candidacy at this time,” O’Brien said in the statement. “Instead, I will continue my work with The HYM Investment Group and my engagement in Boston’s charitable and civic life.”
On March 10, The Boston Globe first reported O’Brien was considering running to challenge…

Trump Administration Quietly Piloting New Program To Rethink Federal Offices Nationwide

April 1, 2025 / no comments

The federal government’s property manager, facing pressure from President Donald Trump to cut costs and space, is quickly and quietly developing a coworking platform that could transform how and where federal employees work. 
Two coworking marketplace operators have been awarded a combined $100K to create platforms that would open some agency office doors to all government employees, creating a space-sharing scheme that would help the U.S. General Services Administration consolidate its footprint. 

PwC Reports Insolvencies Down As Robust Irish Companies Brace For Trump Tariffs

March 31, 2025 / no comments

Insolvencies in Ireland fell in the first quarter of 2025, continuing a downward trend from the previous year, according to a new report from PwC.
The professional services firm said there were 192 insolvencies in the first quarter, 14% down on the same period last year.
This was also down 7% on the last quarter of 2024, when there were 207, and was a welcome boost to the Irish economy on the eve of U.S. President Donald Trump’s impending tariffs.
There were 852 insolvencies in total, significantly below the predictions of up to 1,000 made when Revenue closed the Covid debt warehouse last…

PwC Reports Insolvencies Down As Robust Irish Companies Brace For Trump Tariffs

March 31, 2025 / no comments

Insolvencies in Ireland fell in the first quarter of 2025, continuing a downward trend from the previous year, according to a new report from PwC.
The professional services firm said there were 192 insolvencies in the first quarter, 14% down on the same period last year.
This was also down 7% on the last quarter of 2024, when there were 207, and was a welcome boost to the Irish economy on the eve of U.S. President Donald Trump’s impending tariffs.
There were 852 insolvencies in total, significantly below the predictions of up to 1,000 made when Revenue closed the Covid debt warehouse last…

Foot Locker Leaves NYC, Signs HQ Lease In Tampa Bay

March 31, 2025 / no comments

Foot Locker Inc. has leased 111K SF in St. Petersburg, Florida, for its new headquarters.
The footwear and apparel retail company with about 2,500 national locations will take residence in The Feil Organization’s Class-A office building at 570 Carillon Parkway, giving up its former New York City HQ as part of a move first announced last year.