News

Economy Watch: Economy Creates 310K Jobs in February

The increase in U.S. employment is a considerable boost from January’s revised total of 239,000 jobs, the Bureau of Labor Statistics recently reported.

Perry Commercial to Break Ground on SLC-Area Office Project

Construction of Traverse Ridge Center III is set to begin next month, with completion scheduled for the summer of 2019. CBRE will be in charge of leasing.

Susan Wojciechowski, NKF

NKF Taps New GCS Global Head

Susan Wojciechowski will focus on global service line strategy and growth, partnership formulation and platform development. She will play a role in business integration supporting occupier clients for Global Corporate Services.

CityPlace, Overland Park, Kan.

Mediware Plans New Kansas City HQ

The company plans to change its current Lenexa address for a 66,000-square-foot office in Overland Park. The space is slated for completion by mid-2019.

Castellum to Build E.ON Headquarters in Sweden

The real estate firm will develop a 263,700-square-foot office building that will house the Nordic base of the energy corporation under a 12-year lease agreement.

MetLife Plans Mixed-Use Project in Midtown Atlanta

The development at 17th, West Peachtree and Spring streets will include roughly 500,000 square feet of office space, more than 80,000 square feet of retail, 350 residential units and a 20-story hotel.

KBS Nabs $147M Orange County Office Tower

The new owner of City Tower is set to embark on a renovation program that includes upgrading the exterior and the addition of a fitness center.

Trump’s Steel, Aluminum Tariffs: Timber Gets a Shot

The decision means higher building costs, but also an opportunity for alternative construction trends. CPE talked to Steve Conboy about the impact of this White House move.

Terreno Picks Up Seattle Industrial Asset

The new owner plans to renovate the 235,000-square-foot warehouse. The building, which is 65 percent leased, is situated next to Union Pacific Railroad’s intermodal facility.

Risks, Benefits of Dog-Friendly Offices

More employers are exploring the benefits of allowing pets in the workplace, but what are the legal, health and safety implications for landlords or property managers? Diane Hvolka from Cozen O’Connor Real Estate shares some insights.