Office
Commerz Real Pays $194M for Chicago Office Building
The investment management affiliate of a Germany-based financial institution has acquired The National, an historic 520,000-square-foot asset.
DC Office High-Rise Changes Hands for $338M
Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.
Peakside, Madison Sell Frankfurt Office Asset
The joint venture acquired the 516,600-square-foot Frankfurt Airport Center last year and invested in an extensive refurbishment program. Tenants include Lufthansa, Fraport and Airport Club.
Missner Group Starts Chicago Office Redevelopment
The seven-story building in the West Loop, which used to be the home of clothes manufacturer Oxxford, will be turned into a modern, nine-story office property.
Case Study in Net Zero Energy: AGU’s Renovated HQ
What happens when a real estate project is driven by an organization of scientists that wants to benefit science, the environment and humanity?
Netflix Preleases Hollywood Office Project
The entertainment giant has leased more than 350,000 square feet at Kilroy Realty’s Academy on Vine mixed-use development. Occupancy is expected to begin in phases in 2020.
Is Flex Office Space Here to Stay?
A new report from JLL’s EMEA group looks at how technological advances, the evolving nature of work and the rise of the gig economy transformed Europe’s largest flex markets.
Friedman Closes Detroit Office Deal
The building is located in the Central Business District and was sold at auction. Alan Stern and Steven Silverman represented both sides in the transaction.
BLT Enterprises Sells San Diego R&D Facility
The company acquired the asset in 2017 and repositioned it to achieve a record price per square foot for an industrial asset in the Kearny Mesa submarket.
Downtown Philly Office Asset Adds New Tenant
Clarifi has leased more than 7,000 square feet on the fifth floor of a premier asset owned by Nightingale Properties, joining a roster of tenants comprising Spector, Gadon & Rosen and MakeOffices.