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.
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…
20+ Reasons Not to Buy a $91M Sky-High Manhattan Condo
The “14th Annual Curbed Awards” kicked off this year with a list of the most expensive homes sold in New York in 2017. Manhattan’s new slender skyline…
Denver Multi-Tenant Office Building Switches Owners
Orchard Pointe, a multi-tenant office building part of the Denver Technology Center (DTC), was recently bought by a joint venture between commercial real estate investment firm Cress…
Iconic Philly High-Rise Switches Owners
The PNC Bank Building, one of the landmarks of the Philadelphia central business district, has changed its owner. The iconic high-rise was sold by Equity Commonwealth to…
Uber Takes First Step Towards Opening Second Manhattan Office
Uber Technologies Inc. has signed a long-term lease agreement with Empire State Realty Trust (ESRT), for an entire floor at 1400 Broadway in New York City. The…
