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.

Facebook Expands Midtown Manhattan Presence

  As Valentine’s Day was drawing near, Facebook was busy solidifying its ties to 770 Broadway in New York City. The social networking giant has signed a new…

Nasdaq Moves Global HQ to Times Square’s Epicenter

  Nasdaq Inc. has decided to relocate its global headquarters. The financial services giant will move, starting spring 2019, from downtown Manhattan to its Nasdaq MarketSite location at 4…

Northstar Snags Iconic Denver Office Gem for $17M

  Northstar Commercial Partners, a Colorado-based commercial real estate company, recently purchased the iconic ‘Offices at the Art’ building in the state’s capital city, Denver. The transaction of…

DLA Piper Renews Its Vows with KPMG Center in Downtown LA

  Global law firm DLA Piper is strengthening its presence in downtown Los Angeles, by expanding its offices in the well-reputed KPMG Center. After 12 years of tenancy, the…

US Office Rents Significantly Cheaper Compared to Rest of the World

Everyone’s always complaining about the high cost of commercial real estate in the U.S. Office space in New York or San Francisco is regarded as top-tier and uber-expensive…

The 6 Best Markets for Office Investment in 2018

  A recent CommercialCafe study looking at the 2018 office construction pipeline showed that close to 75 million square feet of space are on track for delivery next…

Texas Office Sales Mark Weakest Q4 Since 2014

Executive Summary Q4 sales volume sinks 29% below 2016 numbers the average price per sq.ft. marks weak Q4, yet strong 2017 Brookfield seals largest deal of the year…

California Q4 2017 Sales Report—Office Investment Still on Cooldown

Executive Summary Los Angeles average price per square foot climbed to $469; Bay Area office investment reached highest dollar volume in 5 years; San Diego sales activity cooled…

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Q&A: Birch Grove Software’s Dallas Office Search

  Businesses big and small across the country all have to overcome the same hurdle at one time or another: finding the best-suited office space for their needs….

Top 50 US Office Deals of 2017: Chinese Clampdown Makes Way for South Korean Buyers

One year ago, we did a round-up of the 50 largest office sales to close in the U.S. during 2016. Our analysis showed a slight slowdown in office…