Stock-Market Titans Amazon, Google and Facebook Are Also Driving Commercial Real Estate

The biggest U.S. tech companies are providing a jolt to the slumbering commercial real-estate business, emerging as major tenants and acquirers of office and other space while many nontech firms are trying to tear up their leases.

Five of the biggest property owners in the tech industry—Amazon.com Inc., Facebook Inc., Apple Inc., Google parent Alphabet Inc. and Microsoft Corp.—together occupy around 589 million square feet of U.S. real estate, according to CoStar Group. That is…


Source link

About search

Check Also

Gemini add-on comes to Google Workspace for Education – 9to5Google

Gemini add-on comes to Google Workspace for Education – 9to5Google

[unable to retrieve full-text content]Gemini add-on comes to Google Workspace for Education  9to5Google Source link

Leave a Reply

Your email address will not be published. Required fields are marked *