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.
Amazon to Set Up New Office at 5 Manhattan West
Retail giant Amazon revealed plans last week to open a new administrative hub at 5 Manhattan West in New York City. The company will take over 359,000 square…
Thor Lands New Tenant at Manhattan’s 25 West 39th Street
Real estate development, leasing and management company Thor Equities has recently signed a new tenant at its property at 25 West 39th St. in Manhattan. Luxury fashion label…
Facebook Saw San Francisco’s 181 Fremont and Liked It
Facebook’s office footprint just grew by another 435,000 square feet, which the social media company will occupy in San Francisco‘s new skyline celebrity – the 181 Fremont tower….
CIM Group’s Boston CRE Shopping Spree Continues
Los Angeles-based real estate investment firm CIM Group recently acquired the Boston office building at 1000 Washington Street, along with the adjacent parking structure at 321 Harrison Avenue, from…
Top US Cities for Office Deliveries During Fall-Winter 2017
As we ease into the fall season, the imminent arrival of the colder months of the year is also fueling office construction in the U.S. Developers are picking…
Kaufman Nabs Midtown Manhattan Ground Lease
The Kaufman Organization, one of New York City’s most affluent commercial real estate investors, has acquired a 99-year ground lease on the property at 236 Fifth Avenue. This…
New England Medical Office Building Commands $23M
NKF recently announced closing the sale of Cross Street Medical Center, on behalf of Marcus Partners. The Norwalk, Ct. medical office property located at 40 Cross St. commanded…
Baltimore’s One Light Street Tower Drops Anchor
M&T Bank announced it will relocate its Mid-Atlantic headquarters to Downtown Baltimore‘s One Light Street tower, which broke ground back in January. The anchor lease was inked…
It’s Raining Amazon Investment—NYC Fulfillment Center & the Hunt for HQ2
Amazon Fulfillment on the Staten Island Shore Earlier this week, Amazon confirmed it will be opening a major fulfillment center in New York City. The $100-million facility will…
Boston’s Tangible History in 5 Adaptive Reuse Projects
The Boston Wharf Co. made the land buildable, drew streets and built up almost an entire neighborhood specifically designed for manufacturing, warehousing and docking for maritime commerce.
