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.
Office Building of the Week: First National Building – Detroit
The First National Building once held the title of Detroit’s tallest skyscraper, and with 69 teller windows, had one of the five largest bank lobbies in the country.
Everything You Need to Know About Commercial Property Taxes
Once the market value of the commercial property has been determined, the assessor will calculate the assessed value of the property by multiplying the market value by an assessment rate. The assessment rate is a uniform percentage that varies from county to county.
EQ Office’s Playa District LA Campus Is Now Open for Business
EQ Office has announced its completion of Playa District, a $32 million renovation of the property previously known as the Howard Hughes Center. The 1.4 million-square foot, 33-acre…
Facebook in Advanced Talks for 1M SF at Hudson Yards
Facebook is reportedly in advanced talks to take over 1 million square feet of Manhattan office space at 50 Hudson Yards. If completed, it will be one of…
Cubicles Versus the Open Plan Office – Which One is Worse?
Office layouts have changed considerably over the last few decades. We’ve seen cubicles canned in favor of open office layouts (and vice versa). But which one is really…
Why Allowing Work to Invade Your Personal Life Is a Really Bad Idea
Work smarter and more efficiently, in order to satisfy your professional goals without sacrificing your work-life balance, the key to your well-being and the fuel for your success.
Wells Fargo Provides a $140M Refi for Pittsburgh’s Nova Place
Faros Properties has refinanced its $127.5 million debt on Nova Place, an office and datacenter complex in Pittsburgh. Wells Fargo has provided the $140 million refinance, to be…
Top 7 Common Commercial Real Estate Marketing Mistakes to Avoid
Three examples of creating high-quality content for your CRE marketing campaigns are focusing your message on what you can do for them (instead of talking about yourself), using drone videos to showcase the panoramic vistas your listing offers, and virtual reality to make floor plans and space layouts easier to visualize.
Office Building of the Week: Colorado State Bank Building – Denver
This week we look at Denver’s Colorado State Bank Building, a Class A office highrise completed in 1980, which nabbed $111M in a transaction closed earlier this year.
8 Team Building Companies for a Better Community Atmosphere
Investing in team buildings and forming a lively, fun community atmosphere for employees should be every company’s top priority. While many regard it as an unnecessary and costly…
