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.
Blackstone Secures $154-Million Refinancing for Miami Offices
Blackstone has secured $154 million from CIM Group’s private credit fund to refinance 2 and 3 MiamiCentral, which are part of a premier, mixed-use development in downtown Miami. The high-profile office space in Miami serves as a regional hub for the real estate giant, which operates its own office within the property. Eastdil Secured brokered the transaction for the 339,000-square-foot asset.
How to Calculate and Use a Cap Rate
The capitalization rate, or cap rate, is one of the first numbers any commercial real estate investor looks at. It tells you, in a single percentage, what yield…
Growing Demand for Flexibility Fuels Coworking Model Success, Medical Office Projects Increase Share of Construction Starts
Increasing demand for flexibility flows through to leasing demands from business tenants to landlords looking to adapt out of stubbornly high vacancy rates across the top office markets in the U.S.
What Is an Executive Office Suite?
An executive office suite is a private, fully furnished office space leased within a professionally managed building. It includes shared amenities — reception services, meeting rooms, mail handling,…
Solow Building Sets New Record for Manhattan Office Rent
The iconic Midtown Manhattan office building on Billionaire’s Row reached a historic high in average rent, marking a likely record for the New York City office market.
How Much Do Commercial Real Estate Professionals Make?
Key Takeaways CRE salaries vary significantly by role — brokers are commission-driven with high upside, while analysts and appraisers earn structured base salaries. Location, specialization, and deal volume…
Midwest’s Best Metros for Tech Workers: Madison Widens Lead Over Ann Arbor
From university hubs to bustling downtowns, here are the best metros for tech in the U.S. Northeast, ranked.
Coworking vs. Traditional Office Space: Which Is Right for Your Business?
Key Takeaways Coworking spaces offer flexible, month-to-month memberships starting around $220/month nationally, with no build-out costs or long-term lease commitments. Traditional office leases provide control, privacy, and brand…
Law Firm Signs 29,000-Square-Foot Deal to Move Operations to Arts District Office
Global law firm Goodwin has announced a relocation to LA’s Arts District. This move from a traditional high-rise workspace to a low-rise, industrial-style environment highlights evolving preferences for office space in Los Angeles.
Key Points on Commercial Lease Insurance
Key Takeaways Commercial lease insurance protects both parties: the landlord’s building and the tenant’s operations. Neither policy replaces the other. Your lease type (NNN, FSG, MG) determines whether…
