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.
10 Profitable Tips for Negotiating an Office Lease
Commercial office leases aren’t set in stone, but plenty of tenants sign them as if they are. Reading the lease carefully is the bare minimum. Negotiating an office…
Wells Fargo Secures Refinancing for 2 Manhattan West
A joint venture between Brookfield and the Qatar Investment Authority (QIA) has secured a $1.9 billion CMBS loan to refinance 2 Manhattan West, the 58-story office tower that debuted in 2023. Newmark, led by Jordan Roeschlaub and Nick Scribani, arranged the financing, while Wells Fargo led the deal.
Drawbridge Realty Makes Splash in Nashville, Tenn., Office Market
Completed in 2017 as a build-to-suit for Bridgestone Americas, the tower includes 514,000 square feet of class-A+, LEED Gold-certified, Nashville office space.
How to Automate your Coworking Space
Running a coworking space means doing dozens of small tasks every day. Onboarding a new member. Letting in a guest. Resetting a broken printer. Reconciling a payment. None…
Bank OZK Takes Hold of Distressed Santa Monica, Calif., Creative Office
Redcar Properties has turned over a trio of Euclid Street creative office spaces in Santa Monica, Calif., to its lender, Bank OZK, after defaulting on a development loan. The hand-over includes 1650 Euclid and two other parcels (1620 and 1630 Euclid), which were lot-tied to the three-story, 65,000-square-foot building, granting the lender control of the entire Euclid Street cluster.
How to Choose Office Space for a Startup
Choosing startup office space isn’t one decision, it’s a series of trade-offs between cost, commitment, and how your team actually works. The right choice depends less on what…
Jamestown Signs Tech Tenant at Ponce City Market in Atlanta
Development management platform Northspyre joins a diverse roster of companies at Ponce City Market, including Airbus, FanDuel, Capital One, Sage, and CONA Services.
7 Things To Ask When Touring a Coworking Space
Touring a coworking space in person tells you things a website never will. The quality of the WiFi, the noise level at peak hours, whether phone booths are…
Construction Pipeline Continues to Bottom Out as AI Expansion Adds to Uncertainty in Office Sector
Expanded AI adoption possibilities hold sway over the future use of office space, as is demand for flexibility, which is likely to further boost the position of coworking space within the office sector, across top office markets in the U.S.
Extell Acquires Park Avenue Construction Site in $500 Million Deal
Extell Development has completed the $500 million acquisition of a block-long construction site at 405-417 Park Ave., marking the largest component of the developer’s growing Midtown assemblage. The prime Manhattan office space, situated between East 54th and East 55th streets, offers a potential rentable office capacity of up to 700,000 square feet.
