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.
Expert Insights: Robert “Skip” Weiler on Ohio CRE & the Future of Retail
As a part of our Expert Insights series, we invited several commercial real estate experts to talk about the current challenges and opportunities the real estate market is…
TikTok Signs Lease for 232K SF in Durst’s One Five One
Digital conglomerate Byte Dance — the parent company of video-sharing app TikTok — has signed a 10-year lease for 232,000 square feet of office space in One Five…
Expert Insights: Mike Bond Discusses CRE’s Latest Trends and Future Prospects
Mike Bond is a senior lecturer in finance at the Eller College of Management, having previously taught at Cleveland State University. He earned his PhD in Financial Economics…
Cushman & Wakefield’s “Safe Six”: 6 Key Factors for a Safe, Effective Return to the Workplace
As states lift stay-at-home restrictions and allow certain businesses to reopen, organizations across the nation are thinking about bringing their employees back into the workplace. However, before this…
Survey: 6 in 10 Americans Don’t Want to Work from Home All the Time
Key Takeaways: 73% of Americans are content working from home, but 59% wouldn’t do it full-time if given the choice Missing coworkers, distractions and lack of separation from…
Uber & Golden State Warriors Secure $600M CMBS Refi from J.P. Morgan for Mission Bay Towers
J.P. Morgan Chase has originated nearly $600 million in commercial mortgage-backed securities (CMBS) to the new Chase Center Towers in San Francisco’s Mission Bay neighborhood. The refinancing effort…
Virginia Sells Center for Innovative Technology Campus for $47.35M
The Virginia Department of General Services (DGS) recently sold the Center for Innovative Technology (CIT) campus to affiliates of Origami Capital Partners LLC and Timberline Real Estate Partners….
Update: COVID-19’s Impact on Commercial Real Estate
The economy has been devastated. We’re facing depression-level unemployment and all of us are wondering what our new normal will look like. While the stock market has recovered…
State of the Office Pipeline: Select Construction & Future Office Projects Move Forward
Evanston, home of Northwestern University, approved plans for an 18-story building at 605 Davis St. Vermillion Development, the project applicant, estimates that it could complete the tower — the city’s first office high-rise in nearly two decades — as early as 2022.
Hines Interest LP Buys 49.5% Stake in One Madison Ave
Real estate investment, development and management firm Hines Interest LP and the National Pension Service of Korea purchased a 49.5% stake in One Madison Ave., a $2.3 billion,…
