Regions

Tech Sparks Transformation in Pittsburgh

JLL’s Nick Francic discusses the new direction of Pittsburgh’s office market and the challenges along the way to a diverse and balanced business climate.

145 W. 45th St.

WeWork Leases 47 KSF in Midtown Manhattan

The coworking giant is adding to its flexible office empire in its home base of Manhattan, where it is now the largest private office tenant.

San Diego Business Park Trades for $28M

Brookwood Financial Partners bought the three-building office campus in 2013 and boosted occupancy before selling it to Fenway Capital Advisors and Waterfall Asset Management.

Medical Office Landscape Shifts With Health Care M&As

With property sales velocity increasing 5 percent nationwide over the last 12 months, a new report from Marcus & Millichap highlights how mergers and acquisitions are transforming the health-care system.

HBO Picks $350M Culver City Project for New HQ

The cable network will relocate its corporate home from Santa Monica to Ivy Station, a transit-oriented development in the West Los Angeles area.

Bank of Montreal Unit Takes 215 KSF at Durst Tower

The real estate owner signed financial services provider BMO Capital Markets to a 15-year lease at its One Five One office property in Midtown.

Europe’s Coworking Sector Continues to Blossom

Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.

Silicon Valley Hilton Hotel Sells for $59M

Somera Capital Management and Tyler Development Corp. picked up the 169-key property at The Pruneyard, a 27-acre mixed-use development in Campbell, Calif.

Camelback Square. Image courtesy of Velocis

Velocis Sells Scottsdale Office Building for $53M

During its four-year ownership, the seller implemented a capital improvement program to reposition Camelback Square by upgrading the corridors and elevator lobby and adding a new conference center.

Cayuga Capital Secures $22M for Brooklyn Retail Conversion

The landlord has already locked down a long-term tenant for the entire building—California-based Vital Climbing Gym will open its first East Coast location in April 2020.