Office
Markel | Eagle Sells Richmond Office Asset for $56M
The company invested $19 million to renovate the 355,449-square-foot office building. Upgrades included the addition of a 250,000-square-foot parking garage and a new fitness center, among other amenities.
Rise in Office Jobs Boosts Listed Rents, Occupancies
Expanding employment in financial services, professional services and IT is lifting asking rates and lowering vacancies, especially in some secondary markets.
Panoramic Video System Incorporates AI Technology
The PanaCast 3 delivers 180-degree videos with 4K resolution, provides real-time video stitching, captures audio and can detect people.
Top 10 Office Owners in Manhattan
Local investors such as SL Green or Vornado Realty Trust are not only the largest office landlords, but also some of the most active players in the metro.
What’s Next for the Dallas Office Market
Lee & Associates’ Mike Ebbitt shares some trends to watch this year in the Dallas-Fort Worth office market, as well as his predictions for the metro going forward.
LA Landmark Conversion to Bring Creative Office, Retail
HFF facilitated a bridge loan from J.P. Morgan for the renovation of the historic Herald Examiner Building on behalf of its developer, The Georgetown Co.
Knotel Inks 4 New Leases in Manhattan
The shared workspace provider added new locations in New York City’s Midtown South and Midtown East neighborhoods totaling 76,412 square feet.
Castellum Buys, Sells $550M in Swedish Office Assets
The real estate company continues to refocus its portfolio on growth areas, with the purchase of six properties in Linköping and the disposition of 20 others in Sundsvall.
Office Park in Tampa Changes Hands
An affiliate of Chrysalis Health has acquired Gulf South Center, a 98,000-square-foot, six-building asset in Tampa, Fla. The new owner plans to upgrade the property.
Ally Capital Group Acquires Tampa Office Complex
The 299,000-square-foot Austin Center, an office campus in the Westshore submarket, was completed in 1975. The seller was an affiliate of Redstone.