Office Archives

Cloud Capital Buys Northern Virginia Data Center for $222.5 Million

February 4, 2022| Commercial Real Estate News, Deals, Featured, Office| Views: 0

The LEED Gold-certified office and data center property has been designed to offer superior reliability and security standards. The Tier III compliant structure is home to several...

Written by Ioana Ginsac

Downtown Tampa Bank of America Plaza Lands $175 Million ReFi

February 2, 2022| Commercial Real Estate News, Featured, Office| Views: 0

Banyan and Oaktree purchased the property from MetLife in 2015, for $194 million. The tower is subject to a 99-year ground lease that expires in 2080....

Written by Patrick McGregor

Suburbs Home to 67% of All Offices Constructed in Last 20 Years

February 1, 2022| Commercial Real Estate News, Featured, Office| Views: 0

Key Takeaways 1.8 billion square feet of rentable office space has been constructed across the country in the last 20 years, with 85% in the top 50 metropolitan areas. Office...

Written by Ioana Ginsac

CI Financial Doubles Miami Office Lease Square Footage at 830 Brickell

January 31, 2022| Commercial Real Estate News, Featured, Office| Views: 0

The 55-story tower is still under construction and the owner-developers joint venture estimates that the project will be completed by the close of 2022....

Written by Patrick McGregor

National Office Listing Rates Increase 1.8% Y-o-Y in December as Vacancy Stagnates

January 28, 2022| Commercial Real Estate News, Featured, Office| Views: 0

The CommercialEdge January 2022 national office report just released tracks the latest office construction, vacancy trends and leasing activity across the top U.S. office markets,...

Written by Ioana Ginsac

Alexandria Real Estate Closes on Boston Metro R&D Office Portfolio

January 24, 2022| Commercial Real Estate News, Deals, Featured, Office| Views: 0

Newmark and Alexandria Real Estate Equities collaborate for another acquisition of Boston office space with great lab conversion potential. ...

Written by Patrick McGregor

Vornado Divests 480 Broadway & 155 Spring in SoHo

January 20, 2022| Commercial Real Estate News, Deals, Featured, Office| Views: 0

The buildings at 480 Broadway and 155 Spring in SoHo, Manhattan have traded to KPGFunds.com from Vornado for an undisclosed price. The luxury properties will be repositioned as...

Written by Ioana Ginsac

Tenants Flock to Merritt 7 Office Park in Suburban Metro New York

January 11, 2022| Commercial Real Estate News, Deals, Featured, Office| Views: 0

The largest and most prominent corporate park in Fairfield County has been seeing notable and consistent office leasing activity, as the extensive renovation program at Merritt 7...

Written by Diana Sabau

Signature Bank Doubles Footprint at 1400 Broadway

January 7, 2022| Commercial Real Estate News, Featured, Office| Views: 0

Following the closing of this new, 15-year lease, the New York-based bank will pay an asking rent of roughly $67 per square foot for a total of 280,182 square feet of Manhattan...

Written by Patrick McGregor

Congress Square Office Tower in Downtown Boston Recapitalized

January 6, 2022| Commercial Real Estate News, Deals, Office| Views: 0

Just off of fresh renovations, 40 Water St, a.k.a. Congress Square, in downtown Boston has been recapitalized with new owners led by Hana Financial and KTB Asset Management which...