News
C&W Adds Tenant to Boca Raton Office Center
The owner selected Managing Director John Criddle and Senior Associate Joseph Freitas to spearhead leasing efforts at the property earlier this year.
NKF Arranges Sale of South LA Office Campus
Wilshire Capital Investments acquired The Knox, a 108,000-square-foot office campus in Torrance, Calif., from Ruth Group. At the time of sale, the asset was 98 percent occupied.
NAI Hiffman Arranges Four Leases at IL Office Center
The Naperville Woods Office Center reached 96 percent occupancy after welcoming four new tenants: Equian, Gallagher Benefit Services Inc., True North Consultants Inc. and Kreamer Law Group.
Liberty Property Trust Breaks Ground on 2 Industrial Assets
Combined, the two buildings will add 704,000 square feet of industrial space to the market, located at the company’s Port Crossing Commerce Center in northwest Houston.
Do You Have a Competitive Edge?
Scarcity of talent is a growing difficulty for American businesses. Real estate owners and operators are in a unique position to help out—and benefit in the process, affirmed Spencer Levy and others during CREW Network’s 2017 convention.
WeWork Nabs Lord & Taylor Flagship for $850M
Hudson’s Bay Co. sold the iconic building on Fifth Avenue to the co-working giant, which will use the 676,000-square-foot landmark as its new global headquarters.
Investment
CRE volume and % change, based on properties and portfolios of $2.5 million and greater
Employment Picture
Total employment from increased by 1.7 percent (2,517 people) September 2016 to September 2017, while total unemployed decreased by 14.4 percent (1,102 people).
CMBS Delinquencies
New delinquencies totaled $1.1 billion during the month compared with $709 million in resolutions.
C&W Upgrades its Portland Office
Completed in 1973, 200 Market is managed by Russell Development and Cushman & Wakefield. Both companies have offices within the building.