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Reading Time: 3 minutesPiedmont REIT announced on June 1 that it had signed 240,000 square feet of new leases in the second quarter through that date.

Reading Time: 3 minutesIn mid-May, Meta cut 8,000 employees. In the same earnings call, the company raised its 2026 data center spending forecast to $125-145 billion. Up 8 percent from its prior estimate.

Reading Time: 3 minutesOffice utilization hit 53% in 2026. That’s up from 38% a year ago and 35% the year before. CBRE’s 2026 Global Workplace and Occupancy Insights found that the #1 reason employees show up is to collaborate with colleagues.

Reading Time: 3 minutesOffice investment sales hit $20.5 billion in the first quarter of 2026. That’s up 38.6% from the same quarter last year, per Avison Young’s latest report.

Reading Time: 3 minutesNew research from OfficeSpace Software covers 954 organizations, 3.9 million in-office employees, and 116 million square feet of office.

Reading Time: 3 minutesPropmodo ran a piece this week called “The End of Extend and Pretend.” It’s the cleanest framing I’ve seen on what’s about to happen.

Reading Time: 3 minutesDurst Organization just put 600,000 square feet on the market at 114 West 47th Street in Midtown Manhattan. A 26-story, LEED Gold tower built in 1989.

Reading Time: 3 minutesCushman & Wakefield dropped a report this month that should end the “AI is going to gut office demand” trade for good.

Reading Time: 3 minutesHudson Pacific Properties reported Q1 2026 results on Wednesday. The headline numbers were straightforwardly good.