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.
Arch Street Capital Snags Phoenix-Area Tech Center
The El Dorado Tech Center in Gilbert, Ariz., an office building 100% leased to GoDaddy.com, has a new owner. Arch Street Capital Advisors, a real estate investment advisory…
Third-Tallest Orange County High-Rise Sells for $147M
City Tower, the third-tallest office building in Orange County, Calif., has recently found a new owner. The 20-story high-rise was acquired by KBS Capital Advisors from Torchlight…
The Story of US CRE Gaining High Status—Best-Selling Properties of the Past 20 Years
Institutional investment portfolios did not include commercial real estate before 1980, but now a $2 billion commercial property price tag no longer stands out the way it used to.
Century-Old Durham Office Gem Gets New Owner
The historic Trust Building in the heart of downtown Durham, N.C., has changed its owner. Akridge, a real estate services company that has only recently entered the…
LA Trophy Office Building Changes Hands for $196M
Wedbush Center, a 21-story trophy office building located at 1000 Wilshire Blvd. in the heart of downtown Los Angeles, has a new owner. Cerberus Real Estate Capital…
Workspace Survey: Office Workers Pick Privacy as Most Craved Perk
What is the most highly desired workplace perk for U.S. employees? We surveyed full-time employees to find out what they feel is the best perk for a quality work environment.
Santa Clarita Suburban Office Campus Sells in All-Cash Deal
The Commons at Valencia Gateway, one of the newest office projects in the Santa Clarita submarket, was recently purchased in an all-cash deal by a joint venture…
Music Industry Giant Seizes Full Floor of Manhattan Creative Office Tower
RZO Productions, one of the music industry’s most well-known management firms, is going to relocate its offices within the former Fisk Building, in New York City’s Theater District….
Cornell University Takes Over Manhattan Art Deco Office Tower
The prestigious Cornell University is poised to become the largest tenant at 570 Lexington Avenue in Manhattan, a historic Art Deco office tower known as the General…
JPMorgan Chase to Build Bigger, Better Midtown Manhattan HQ
JPMorgan Chase is the first company to profit from New York City’s recently adopted Midtown East rezoning plan. The global financial services firm, together with NYC Mayor…
