Office
Read the latest real estate industry news with a focus on traditional office space leases, office property sale transactions, new office project construction and adaptive reuse repositioning programs, and more.
Oaktree Gives Bunker Hill Office New Lease on Life
Months after transferring ownership following a foreclosure sale, the office tower at 444 S. Flower St. in downtown Los Angeles is on the cusp of a reversal of…
Samsung Relocates to Vornado-Owned Office in Penn District
Electronics giant Samsung will be moving part of its operations in New York City to Vornado Realty Trust’s Penn 1. The company signed a 10-year lease for 36,000…
Mueser Rutledge Renews Lease at 14 Penn Plaza
After a quarter of a century spent at the 14 Penn Plaza, Mueser Rutledge Consulting Engineers (MRCE) has decided to continue calling the Midtown office building its home for…
Expert Insights: David Martin Discusses Florida CRE, 2023 Office Market & More
For this installment of our Expert Insights series, we had the pleasure of speaking with David Martin, CEO of Miami-based development firm Terra. Mr. Martin has cultivated a…
Nixon & Vanderhye Renews Lease at Arlington Office Building
Nixon & Vanderhye — a law firm with global reach and specializing in intellectual property — has signed a new, long-term lease for 26,000 square feet of office…
601W Companies Secures Financing for Acquisition & Upgrade of Jersey City Office
601W Companies — a New York-based investment group — has secured $375 million in acquisition financing for Harborside 1-3, a three-building office property in Jersey City, N.J. Part of…
Teladoc Inks Deal for 7,000 Square Feet at 10 Grand Central
Virtual health care company Teladoc has signed a long-term lease at 10 Grand Central in Manhattan. The company will be relocating from its previous premises near the Penn…
Related Companies Secures Trio of Lease Deals at Hudson Yards
Despite last year’s setback (when Meta announced it would not renew its leases at several Related Companies-owned properties), the real estate developer recently closed on a string of…
Blackstone Sells Orange County Offices at a 36% Loss
Blackstone’s efforts to trim its southern California portfolio continue with the recent unloading of two office buildings in Santa Ana, Calif. Specifically, the 560,000-square-foot Griffin Towers at 5…
