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.
Vision REP Buys Downtown Morristown Office Building
Vision Real Estate Partners has acquired the 1776 On The Green office building in Morristown, NJ. The real estate developer’s portfolio already features several Morris County office properties…
Columbia Property Trust Signs Affirm at 650 California Street
Affirm’s new office lease in San Francisco at Columbia Property Trust’s 650 Califormia Street brings the property’s occupancy to nearly 90% leased.
DC Metro Office Sales Up 46% in Q1 2017
Executive Summary 2017 records highest Q1 sales volume in the past 4 years average price per square foot drops 8.8% year-over-year to $300 largest office sales of Q1…
JEMB Lands $250M for ITT Building Upgrades
JEMB Realty got a fixed-rate, first mortgage CMBS loan issued by Natixis to refinance its iconic New York City office property at 75 Broad St.
Ceruzzi Secures $272M Lipstick Building Ground Lease Refi
The joint venture between Ceruzzi Holdings and SMI-USA secured a ground lease refinance loan with Credit Suisse U.S. subsidiary Column Financial, for the JV’s fee postion in Manhattan’s Lipstick Building.
Lincoln Property Buys 100KSF Glendale Office Building
Dallas-based Lincoln Property Co. and Boston-based Long Wharf Capital partnered to acquire the 8-story office building at 520 North Central Ave. in Glendale, CA. Though the sale price…
NYC Q1 Office Report – 2017 Off to Sluggish Start
Executive Summary Q1 office sales volume drops 63% year-over-year to $2.07 billion average price per square foot down 23% from Q1 2016 ($741) largest sale closed in the quarter…
KBS Announces 30KSF Leased at Woodbridge Corporate Plaza
Newport Beach, Calif.-based KBS Realty Advisors announced the signing of leases totaling 29,508 square feet at the north-central New Jersey Woodbridge Corporate Plaza. This announcement covers several smaller…
Creative Business Solutions: Space Matters
CBRE Tapped to Sell Reebok’s Canton HQ
As announced last year, Reebok will be leaving its current world headquarters and changing the Canton commercial real estate scene for the Boston market. A Boston-based CBRE Capital…
