Miami Tower Attracts Surge in Office Leases
Towering over the intersection of Second Street and First Avenue in downtown Miami, the iconic Miami Tower has recently attracted new tenants, as well as inspired existing tenants to renew and even expand their office leases in the building.
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Bank OZK Takes Hold of Distressed Santa Monica, Calif., Creative Office
Redcar Properties has turned over a trio of Euclid Street creative office spaces in Santa Monica, Calif., to its lender, Bank OZK, after defaulting on a development loan. The hand-over includes 1650 Euclid and two other parcels (1620 and 1630 Euclid), which were lot-tied to the three-story, 65,000-square-foot building, granting the lender control of the entire Euclid Street cluster.
Jamestown Signs Tech Tenant at Ponce City Market in Atlanta
Development management platform Northspyre joins a diverse roster of companies at Ponce City Market, including Airbus, FanDuel, Capital One, Sage, and CONA Services.
Construction Pipeline Continues to Bottom Out as AI Expansion Adds to Uncertainty in Office Sector
Expanded AI adoption possibilities hold sway over the future use of office space, as is demand for flexibility, which is likely to further boost the position of coworking space within the office sector, across top office markets in the U.S.
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