Office
San Diego Office Market Heading for a Shift
The metro is slowly transitioning toward a landlord’s market as vacancy rate slides to record lows. Stream Realty Partners Managing Director Bret Morriss discusses the context and arising opportunities.
CBIZ Signs Indianapolis Office Lease
Rubenstein Partners and SCP plan to invest $20 million in improvements at the PARC, a full-service tenant amenity center opened in 2018.
Manhattan Office Lands $110M Refi
Newmark Knight Frank worked on behalf of CheerLand Investment Group to secure a floating-rate loan provided by Bank of China.
Downtown DC Office Sells for $70M
Credit Suisse purchased the 134,964-square-foot building for twice the price it traded for in 2003. JLL advised the seller in the deal.
Office Market Trending Towards a Hospitality Mindset
East End Capital’s co-founder & managing principal Jonathon Yormak sheds light on the current state of New York’s office landscape and reveals what type of approaches are now trending.
Avison Young Closes $10M Office Sale in Miami Area
David Duckworth, John Crotty, Michael Fay, Brian de la Fé and Berkley Bloodworth represented the seller, COFE Properties, in the disposition of two office buildings in Plantation, Fla.
SK Commercial Realty to Develop 2 Atlanta-Area MOB
A 21,300-square-foot building will be delivered in November, while a 35,500-square-foot one is scheduled to come online in September 2020.
Brookfield Properties to Renovate Houston’s Heritage Plaza
The improvements will focus on the exterior, main lobby, tenant conferencing and sky lobby areas of the 1 million-square-foot, LEED Gold-certified tower.
SL Green Sells Manhattan Tower for $815M
The blockbuster sale of 220 E. 42nd St. is one of the largest deals to close in New York City this year.
North Carolina Life Science Asset Secures 2 New Leases
Parmer Innovation Centers’ Parmer RTP campus in Durham is now home to LabCorp and Duke Health Technology Solutions.