Office
Consumers Credit Union Relocates HQ
Approximately 150 employees have moved to a new 92,000-square-foot office within The Groves Engineering Business Technology Park in Kalamazoo, Mich.
Sacramento Office Market Gains Momentum
The sector is picking up, fueled by recovering office-using industries, growing demographics and increasing leasing activity, Yardi Matrix data shows.
France’s AXA Investment Snags $165M Office Asset in DC
The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.
Two Sign Leases at Chicago Trophy Tower
Andersen Tax took 26,000 square feet and will relocate from 222 W. Adams in May 2018, while JAMS will expand within the building by another 19,000 square feet.
Divaris Facilitates Sale, Leases in SC and NC
Divaris Real Estate’s Charlotte office negotiated six transactions, including the $800,000 sale of a former furniture store in Columbia, S.C.
Ernst & Young Opens Hoboken Office
The 170,000-square-foot property will house more than 1,000 employees and is part of the EY@Work initiative, focused on integration, collaboration and innovation.
Bamboo Equity Acquires MO Office Asset
This acquisition marks the first purchase for the company’s Bamboo Micro Opportunity Fund I LP in Maryland Heights, and the second overall.
Intercontinental RE Enters NYC Market
The firm teamed up with a local investor for the acquisition and redevelopment of two office buildings in SoHo, which will result in 42,000 square feet of premier office space and a 4,500-square-foot, two-floor retail portion.
Ernst & Young Takes 54 KSF at Farinon Business Park
The global professional services firm will occupy an entire floor in one of the three buildings that form the business park owned and developed by R.L. Worth & Associates.
Companies Compete for Space in Denver
Led by technology, telecommunications and energy, businesses are expanding across the metro, intensifying competition for office space in both the CBD and the suburbs.