WeWork
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.
Hines Signs Chipotle to 152 KSF in Denver
With the 15-year deal in place, the upcoming 671,000-square-foot office development at 1144 15th St. in downtown’s LoDo neighborhood is now more than 65 percent pre-leased.
WeWork Signs 86 KSF for 1st Munich Location
Set to occupy four floors in Hines’ OSKAR building, WeWork was advised by NAI Apollo during the lease transaction.
Vista Investment Goes Shopping in Portland Market
The 67,000-square-foot historic building was built in 1901 as an historic landmark. The property is currently 100 percent leased to WeWork.
What WeWork’s Jump Into Retail Means for REITs
The hefty price WeWork paid for the Lord & Taylor building in Manhattan suggests that REITs with easily convertible buildings in desirable locations could see a bump in valuation. BDO USA Partner Stuart Eisenberg explains why.
WeWork Signs 45 KSF Lease in Manhattan
Swiss pension fund AFIAA has reached full occupancy at 125 W. 25th St., a Manhattan office property the firm acquired last year for $150 million.
Co-Working Creeps into Corporate Property Strategy
At the ULI Fall meeting in Los Angeles, panelists identified emerging trends in the modern office environment, emphasizing shorter-term use arrangements to give companies flexibility in how to manage both people and properties.
Revamped Office Building Unveiled in Coral Gables
The multi-million dollar renovation program included a facade refurb, new roofing and adding floor-to-ceiling windows to enhance natural light and views of the surrounding skyline.
WeWork Nabs Lord & Taylor Flagship for $850M
Hudson’s Bay Co. sold the iconic building on Fifth Avenue to the co-working giant, which will use the 676,000-square-foot landmark as its new global headquarters.
Luxe Retail Project in DFW Metroplex Opens Phase II
The company partnered with Cassco Development to build the retail and office project, which is situated within the 270-acre Clearfork master-planned community.