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.
CBRE Brings Office of the Future to Suburban Philly
Los Angeles-based commercial real estate giant CBRE recently announced that it will be slightly shifting its suburban Philadelphia, Pa. office location. The new Philadelphia state-of-the-art offices will be…
LaSalle Pays $98M for Minneapolis’ Mayo Clinic Square
The 222,000-square-foot building formerly known as Block E in downtown Minneapolis has found a new owner in LaSalle Investment Management. The Chicago-based company reportedly shelled out $98 million…
Akridge, Alcion Break Ground on 1701 Rhode Island in DC
A partnership between Akridge and Alcion Ventures LP recently celebrated the start of construction on 1701 Rhode Island, a redevelopment project set to transform the former YMCA National…
DC-Area Metro Plex Office Portfolio Hits Market
Houston-based Transwestern announced it has been retained to represent the seller of the Metro Plex office portfolio. The deal encompasses two office buildings that total 293,000 square feet…
Charles Schwab’s New Austin HQ Celebrates Milestone
Charles Schwab & Co. recently celebrated the topping out of the first building at its new Gracy Farms Lane campus, within the bustling Austin office market. Attending the…
HNA Group Shifts Focus in Its Manhattan Assets
HNA Property Holdings LLC, the real estate investment and management subsidiary of HNA Group, announced it is planning to sell its stake in the office building at 1180…
CIM Group Signs Serendipity Labs at Nashville L&C Tower
CIM Group announces Serendipity Labs as the first tenant at its newly remodeled L&C Tower Complex in Nashville, Tenn. Rye, N.Y.-based Serendipity Labs Coworking Inc. offers upscale workplace…
Asian Investment in US Trophy Office Assets Quadrupled in 2016
There’s been much talk lately of record Asian capital being pumped into the U.S. commercial real estate market, especially in the past year. Foreign investors stole the spotlight…
Charlotte’s Adaptive Reuse Testaments to Continuous Progress
Office space in Charlotte is sometimes the fruit of a carefully undertaken adaptive reuse project, which preserves and highlights the architectural testimony of the city’s long history and repeated transformations.
Stellar, Imperium JV Nabs Leasehold Interest in 220 Fifth Avenue
The historic Neo-Gothic building at 220 Fifth Ave. in Manhattan has found new owners in Stellar Management and Imperium Capital. The joint venture has acquired the leasehold interest…
