Office
Remote Work Gains Staying Power
A greater percentage of respondents to CoreNet Global’s updated survey on employees working from home believes the practice will likely endure in the post-coronavirus climate.
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Los Angeles Mall to Land New Owner
CIM Group is set to acquire Baldwin Hills Crenshaw Plaza for more than $100 million, and may redevelop the property.
Pandemic Unlikely to End Construction in 2020
While demand in most commercial real estate sectors has taken a nosedive, some shovels will still hit the ground in 2020.
Sector Insights: Here’s What We’re Watching
Find out the latest on crucial segments of the commercial real estate market. What’s new in office/medical office, industrial, retail, multifamily, self storage and hotel/hospitality?
Corning Optical’s Charlotte HQ Sells for $59M
Beacon Capital Partners sold the property less than one year after completing the $38 million build-to-suit for the fiber optics solutions provider.
COVID-19 Is Remaking the Workplace, CFOs Say
In a PwC survey, corporate executives weigh in on the future of the workplace, capital investment plans and potential layoffs.
Divaris to Lease, Manage 1.3 MSF Virginia Portfolio
The 22-property portfolio, spread across three cities, has an average occupancy of 91 percent.
Empire Square Pays $41M for Silicon Valley Facility
The 102,668-square-foot building in the Golden Triangle last changed ownership in 2016.
TPA Group Sells Atlanta-Area Office Complex
A new owner has emerged for the 216,000-square-foot Edison Windward creative office project in Alpharetta, Ga.