Office
Designing the Avant-Garde Workplace
Koray Malhan, chief design officer at Koleksiyon, takes us behind the scenes of the design process for the next generation of office amenities.
Hertz Investment Acquires VA Asset for $79M
The company purchased Dominion Tower, an approximately 403,300-square-foot building that is the largest office property in Norfolk, Va., from Harbor Group International.
WeWork Inks 236 KSF Lease in New York City
The coworking giant’s lease makes up nearly a third of CIM Group’s 1440 Broadway. WeWork will also get a private entrance and lobby at the building.
Hines Partners With Workwell on Tenant App
The partnership will roll out the all-in-one app in cities like Houston and New York and in the United Kingdom first, before expanding to the rest of its global portfolio.
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant’s decision to locate one of its HQ2 sites in the submarket.
Tremont Mortgage Closes $30M Financing for St. Louis Portfolio
The firm provided a $26.4 million first mortgage bridge loan and a $3.1 million future funding allowance for the purchase of West Park I, West Park II and Pine View Point.
South Florida’s CRE Market: What to Expect in 2019
Colliers International’s Executive Managing Director Kenneth Krasnow addresses the region’s best performing sector and what will continue to drive growth in the next 12 months.
WeWork Expands VA Footprint
The company is set to occupy more than 80,000 square feet at CEB Tower at Central Place in Rosslyn, a JBG Smith property.
Cushman & Wakefield Brokers Shopify’s 434 KSF Toronto Lease
The e-commerce platform signed a long-term lease at downtown Toronto’s newest mixed-use development, The Well. Since 2013, the global real estate services firm has represented Shopify in several other deals.
JV Sells Office Asset Near Tampa for $40M
The St. Petersburg, Fla., property commanded twice the price paid by Convergent Capital Partners and Denholtz Associates only two years ago.