Office
ESRT Signs Full-Floor Lease at Manhattan High-Rise
The firm’s high-rise features more than half a million square feet of office space above nearly 20,000 square feet of street-level retail.
Sterling Bay Buys Chicago Office Tower for $510M
In its largest purchase ever, the REIT snapped up the 1.6 million-square-foot 600 W. Chicago Ave., home to Groupon’s headquarters, from Equity Commonwealth.
Summit Pointe Realty Unveils $300M VA Mixed-Use Project
The company is developing a 510,000-square-foot world headquarters campus for Dollar Tree in Chesapeake, as part of the Summit Pointe master plan, which calls for as much as 1 million square feet of office space, more than 1,400 residences, 500,000 square feet of retail space and 250,000 square feet of hospitality and conference space.
LPC Selected to Manage Dallas Office
The 235,000-square-foot Class A office high-rise, formerly known as the Belo Building, sits in the heart of Dallas’ city center.
JV Acquires Phoenix Office Asset
Totaling more than 250,000 square feet, the three buildings in the city’s Black Canyon Corridor submarket fetched a sale price of nearly $35 million.
JP Morgan Chase Plans Manhattan Trophy Tower
The 2.5 million-square-foot building would rise 70 to 75 stories on the current site of JPMC’s headquarters at 270 Park Ave., and is the first such project in its neighborhood to be announced since New York City approved a landmark rezoning last summer.
TIER REIT Sheds Fort Worth Office Asset
The property, which includes two one-story buildings totaling more than 130,000 square feet, is located within five miles of DFW International Airport.
LPC Offloads $125M CA Office Campus
The recently renovated campus in central Burbank, Calif. consists of three buildings totaling nearly 350,000 square feet and two parking structures.
Top 10 Cash-Only Office Deals of 2017
In an intriguing finding, a single metro accounts for the lion’s share of the notable all-cash transactions identified by Yardi Matrix.
RXR Trades NJ Office, Data Center
The three-story, approximately 130,000-square-foot property is operating as a mission critical facility under a whole-building, long-term lease with BT Americas.