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Cloud Capital Buys Northern Virginia Data Center for $222.5 Million
The LEED Gold-certified office and data center property has been designed to offer superior reliability and security standards. The Tier III compliant structure is home to several government and commercial clients.
Downtown Tampa Bank of America Plaza Lands $175 Million ReFi
Banyan and Oaktree purchased the property from MetLife in 2015, for $194 million. The tower is subject to a 99-year ground lease that expires in 2080.
Suburbs Home to 67% of All Offices Constructed in Last 20 Years
CI Financial Doubles Miami Office Lease Square Footage at 830 Brickell
The 55-story tower is still under construction and the owner-developers joint venture estimates that the project will be completed by the close of 2022.
National Office Listing Rates Increase 1.8% Y-o-Y in December as Vacancy Stagnates
The CommercialEdge January 2022 national office report just released tracks the latest office construction, vacancy trends and leasing activity across the top U.S. office markets, offering insight into the health of the national and market level real estate industries.
BioLabs Philadelphia Opens Graduate Lab Coworking Space in Center City
Offering lab-ready shells located in close proximity to several top science & education facilities in Philadelphia, Keystone has turned The Curtis into a thriving life sciences hub.
Alexandria Real Estate Closes on Boston Metro R&D Office Portfolio
Newmark and Alexandria Real Estate Equities collaborate for another acquisition of Boston office space with great lab conversion potential.
Vornado Divests 480 Broadway & 155 Spring in SoHo
The buildings at 480 Broadway and 155 Spring in SoHo, Manhattan have traded to KPGFunds.com from Vornado for an undisclosed price. The luxury properties will be repositioned as high-end, luxury offices with top-notch amenities and ground floor retail.
Boulder Tops Silicon Valley as Most Cutting-Edge Metro in U.S.
Tenants Flock to Merritt 7 Office Park in Suburban Metro New York
The largest and most prominent corporate park in Fairfield County has been seeing notable and consistent office leasing activity, as the extensive renovation program at Merritt 7 buildings 501 and 601 nears its conclusion.
