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.

SL Green, Vornado Close $1.2B Refi of 280 Park Avenue

SL Green Realty Corp. and Vornado Realty Trust have completed a $1.2 billion refinancing of 280 Park Ave., a 42-story, 1.2 million-square-foot office tower located in Midtown Manhattan….

LandPark Advisors Opens San Antonio Office

Houston-based real estate management, leasing and investment company LandPark Advisors has set up an office in San Antonio, Texas. Located at 1777 NE Loop 410, in the Northwood…

Top 20 Office Deals of H1 2017

After a cautious, yet fruitful year in 2016, investors continue to bet on the bustling U.S. office sector. We used in-depth Yardi Matrix data to compile a list…

Chicago Office Sales Take a Dive in H1 2017

Executive Summary sales volume hits lowest point in 5 years average price per square foot trending upwards Asian investor nabs 181 W. Madison in $359M deal Sterling Bay’s…

aerial view of Pennsylvania Avenue DC

DC Metro Office Sales Cool Down in Q2

Executive Summary sales volume drops 47% compared to Q1 average price per square foot on a slight rise Morgan Stanley closes top office buy of Q2 8 major…

CBRE Closes $21M Sale of Secaucus Office Properties

CBRE procured the buyer and closed the sale of Rialto Capital’s 150/200 Meadowlands Parkway office properties, in Secaucus, N.J. New York-based Alma Realty paid $21 million for the…

Cali Q2 Office Sales Report – Bay Area, San Francisco Boast Highest Prices

The California office market had an overall strong second quarter, with 57 large transactions closed across six major markets: Los Angeles, the Bay Area, San Francisco, Orange County,…

chicago

GGP Moves Corporate HQ to Chicago’s River North Point

GGP Inc. has recently signed a 168,000-square-foot headquarters lease at Equity Office’s River North Point office building in Chicago. The lease encompasses the entire fourth floor, as well…

Texas Q2 Office Sales Average Price Climbs 22% Y-o-Y

Sales volume dips below the $1 billion mark Average price per square foot holds above $200, second-highest in 5 years Houston logs priciest deals; DFW most active Texas…

Phoenix Q2 Office Sales Volume Doubles Y-o-Y

Executive Summary Q2 total sales volume doubles y-o-y average price per square foot reaches $174 Camelback East home to largest sales of Q2 just one large office project…