Office
Norfolk Southern Sells HQ to TowneBank JV
The railroad company paid $32.8 million for a majority stake 22 years ago.
Brookfield Takes $171M Manhattan Office Loan
Bank of America, the Midtown property’s tenant, provided the financing package.
Samuels & Associates Signs New Tenant at Miami-Area Project
International Materials Inc. will move its headquarters to the mixed-use office and retail building in Delray Beach.
Top 10 Office Projects Under Construction in DC
As of May, some 12 million square feet was under construction in the metro, based on Yardi Matrix data.
Vornado Seeking Recap for 2 Trophy Towers
The Trump Organization owns a minority stake in 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco.
SL Green Lands $510M Loan for NYC Office Tower
The REIT obtained mortgage financing secured by the trophy asset at 220 E. 42nd St., known as The News Building, and utilized the proceeds to repay its revolving credit facility.
GSA Renews 2 DC Office Leases
The agency will continue to occupy more than 29,000 square feet at the 160,897-square-foot property in the city’s central business district.
CIM Group Delivers Creative Office Space in Austin
The latest building at the company’s Penn Field mixed-use campus offers floorplates from 8,000 to 44,205 square feet.
JV Acquires Boston-Area Office Campus for $66M
Greatland Realty Partners and Breed’s Hill Capital have bought four buildings with the help of an acquisition loan secured by JLL Capital Markets.
Flex Office Sector Shows Signs of Bouncing Back: Q&A
Workthere’s Ted Skirbunt discusses the serviced office sector’s rebound in the wake of the pandemic.