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.
Philadelphia Office Market Takes a Breather in Q2
Executive Summary sales volume drops 46% from Q1 to Q2 price per square foot drops below 5-year average largest office sale of Q2 closed for $45.3M office development…
Seattle Office Sales Market Hits New Milestones in Q2
Executive Summary total sales volume nearing $1B mark again average price per square foot hits five-year high German buyers close the two largest office deals of Q2 2.1…
Morning Calm Dishes Out $39M on Boca Raton Office Asset
Morning Calm Management–a Florida-based real estate investment and management firm with over 5 million square feet of commercial real estate throughout the U.S.–has acquired the four-story office…
Atlanta Q2 – Office Market Revving Up After a Slow Q1
The Atlanta office market made a steady recovery during Q2, following a slow start to the year. Sales volume exceeded $640 million, although only half the usual…
Boston Office Market Puts on the Brakes in Q2
This year’s second quarter marks a 33% drop in sales, from Q2 2016 – a slump not all too irregular for the Boston office market, which encompasses…
Manhattan Q2 Report – Office Sales Market Gaining Traction
Executive Summary Q2 sales volume drops 57% year-over-year average price per square foot tops $1,000 mark–again Park Avenue trophy asset trades in largest sale of Q2 ($2.2B) 7…
Fallon Company Nabs Future Southeast HQ in Charlotte
HFF closed the sale of the Cameron Brown Building in Charlotte, N.C. to Boston-based The Fallon Co. According to Yardi Matrix data, the seller was a special servicer…
Amazon Expands Office Presence in Chicago Loop
The Windy City recently celebrated the opening of Amazon’s expanded corporate base in the bustling Loop district. On Monday, July 1st, Mayor Rahm Emanuel joined representatives of the retail…
SPATCO Outgrows HQ of 53 Years in Charlotte
Charlotte-based SPATCO Energy Solutions has moved its corporate headquarters to University Executive Park in Northeast Charlotte. The company’s new location at 8303 University Executive Park Drive is only…
Major SoCal Office Project Ready for Take Off
HFF has secured $141.6 million in financing for Phase I of FLIGHT at Tustin Legacy, Orange County’s first purpose-built creative office campus. The firm placed the three-year construction…
