Office
Upgrades Coming to Energy Corridor Office Asset
Ziegler Cooper Architects and Trademark HITT are spearheading the five-month project, which will add a conference center and a fitness facility to the asset’s amenity base.
Okta Signs Corporate HQ Lease in San Francisco
Kilroy Realty Corp. will welcome the company to 100 First St., the tech firm filling an upcoming vacancy in the 500,000-square-foot office tower. Okta will set up shop in phases, commencing in the second quarter of 2018.
NKF Brokers South Bay Office Asset Sale
Miramar Capital purchased a 124,000-square-foot office building in Redondo Beach, Calif., from Gramercy Property Trust. At the time of sale, the asset was 58 percent occupied.
San Jose Office Tower Lands $200M
NKF Capital Markets arranged the acquisition financing on behalf of Lane Partners for HQ@first, a 603,666-square-foot, three-property creative office tower.
M&T Bank Sells Pair of NJ Office Assets
The assets total 92,000 square feet and previously changed hands when M&T Bank purchased them through the acquisition of Hudson City Savings Bank in 2015.
Spaces Opens Flagship Location in Manhattan West
The co-working firm plans to occupy 103,000 square feet at Brookfield’s The Lofts at Manhattan West, marking the company’s largest U.S. lease to date.
Growing Economy Spurs Development in West Palm Beach
No major office project has come online since 2008, but market dynamics are poised to shift, with substantial new commercial developments planned for the coming years.
Griffin Capital Acquires $130M SC Office Campus
The company purchased LPL Financial Carolinas Corporate Campus, located in Fort Mill. This property is one of LPL’s major national offices and the largest by headcount and square footage.
Inland Empire’s Road to Recovery
Office leasing activity was solid in all submarkets, with nearly 1.5 million square feet leased across the metro. Roughly 200,000 square feet of space is scheduled to come online by year-end.
Brookfield Pays $875M for Houston Center
With the assistance of HFF, J.P. Morgan Asset Management sold the 4.2 million-square-foot office and retail complex in downtown Houston, in one of the cities largest-ever office transactions.