{"id":1004742486,"date":"2025-01-08T03:39:16","date_gmt":"2025-01-08T11:39:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004742486"},"modified":"2025-01-08T07:34:21","modified_gmt":"2025-01-08T15:34:21","slug":"bxp-eyes-dc-office-building-revamp","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/","title":{"rendered":"BXP Eyes DC Office Building Revamp"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004742490\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/725-12th-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"725 12th St\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg?w=1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg\" alt=\"Exterior rendering of 725 12th St., a new office building to rise in Washington, D.C.\" class=\"wp-image-1004742490\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption class=\"wp-element-caption\">A new office building will rise at 725 12th St. in Washington, D.C.&#8217;s East End. <em>Image courtesy of Duda | Paine Architects<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>BXP has completed the $34 million purchase of 725 12th St. NW, a 300,000-square-foot office building in Washington, D.C. Hines Interests was the asset&#8217;s previous owner, according to CommercialEdge information. The firm had paid $61 million for it about 30 years ago, media reports show. <\/p>\n\n\n\n<p>The Boston-based REIT plans to demolish the East End property and redevelop it into an approximately 320,000-square-foot workplace. Demolition work is expected to begin in the second half of this year, according to <em>Washington Business Journal<\/em>. <\/p>\n\n\n\n<p>Duda | Paine Architects is designing the new building that is slated for delivery in late 2028. The office property is set to feature private terraces and outdoor spaces.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/office-report-november-2024-commercialedge\/\">Office Sector Decline Continues Amid Flexibility Shift<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>In conjunction with the purchase, BXP also signed a 150,000-square-foot, 15-year prelease with global law firm McDermott Will &amp; Emery for the top five floors of the new building. <\/p>\n\n\n\n<p>McDermott, which opened its first office in D.C. in 1978, has leased space at 500 North Capitol St. NW on Capitol Hill since 2012. BXP owns a 30 percent stake in that building, according to <em>Bisnow.<\/em><\/p>\n\n\n\n<p>Lou Christopher, Jordan Brainard, Rob Copito and Clay Hammerstein of CBRE represented the tenant in the lease transaction. Evan Behr of JLL negotiated on behalf of BXP.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-cbd-location\">CBD location<\/h2>\n\n\n\n<p>Completed in 1992, the office building at 725 12th St. NW rises 12 stories in Washington\u2019s Central Business District, three blocks east of the White House. The property is steps from Metro Center Station, the transportation hub for the city\u2019s Metrorail service, where the Red, Orange, Blue and Silver lines converge. <\/p>\n\n\n\n<p>In 2015, a joint venture between an affiliate of Hines Interests Limited Partnership and a pension fund advised by Sarofim Realty Advisors secured a $135 million, 10-year loan from Allianz Real Estate of America to refinance the property. At that time, the asset was the global headquarters of law firm Williams &amp; Connolly, which has since moved to new space at The Wharf, a mixed-use project in Washington\u2019s Southwest waterfront.<\/p>\n\n\n\n<p>The building became vacant in 2022, following the law firm&#8217;s relocation. The same year, Hines transferred the property to the lender and continued to serve as its manager, although never formally concluding a foreclosure, <em>Bisnow<\/em> revealed. <\/p>\n\n\n\n<p>In 2023, the joint venture of Madison Marquette&nbsp;and Highland Square Holdings became interested in the asset and intended to purchase it for $70 million. However, the deal never closed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bxp-recent-activity\">BXP recent activity<\/h2>\n\n\n\n<p>This is not the only office development project BXP is undertaking. The REIT is <a href=\"https:\/\/www.commercialsearch.com\/news\/bxp-unveils-nyc-skyscraper-design-selects-leasing-agent\/\">developing a 950,000-square-foot office building on Madison Avenue<\/a>, near Manhattan\u2019s Grand Central Terminal. The project was designed by Kohn Pederson Fox as a fully electric, zero-carbon workplace.<\/p>\n\n\n\n<p>Last month, BXP <a href=\"https:\/\/www.commercialsearch.com\/news\/bxp-lands-400-ksf-lease-renewal-at-boston-tower\/\">signed a 413,000-square-foot office lease renewal<\/a> with global law firm Ropes &amp; Gray at the Prudential Tower, a 1.2 million-square-foot building in Boston. The law firm, which moved into the upper floors of the skyscraper in 2010, will remain in the space through 2041.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The redevelopment is slated for completion by 2028.<\/p>\n","protected":false},"author":1068,"featured_media":1004742490,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,11,21742,21747,1615],"tags":[52299,32789,32797,32796],"class_list":["post-1004742486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-midatlantic","category-latest","category-office","category-washington-dc","tag-bxp","tag-cbre","tag-hines","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BXP Eyes DC Office Building Revamp - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BXP Eyes DC Office Building Revamp\" \/>\n<meta property=\"og:description\" content=\"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-08T11:39:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-08T15:34:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/\"},\"author\":{\"name\":\"Gail Kalinoski\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"headline\":\"BXP Eyes DC Office Building Revamp\",\"datePublished\":\"2025-01-08T11:39:16+00:00\",\"dateModified\":\"2025-01-08T15:34:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/\"},\"wordCount\":507,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2025\\\/01\\\/725-12th-St.jpg\",\"keywords\":[\"BXP\",\"CBRE\",\"Hines\",\"JLL\"],\"articleSection\":[\"Investment\",\"Mid-Atlantic\",\"News\",\"Office\",\"Washington D.C.\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/\",\"name\":\"BXP Eyes DC Office Building Revamp - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2025\\\/01\\\/725-12th-St.jpg\",\"datePublished\":\"2025-01-08T11:39:16+00:00\",\"dateModified\":\"2025-01-08T15:34:21+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"description\":\"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2025\\\/01\\\/725-12th-St.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2025\\\/01\\\/725-12th-St.jpg\",\"width\":1200,\"height\":900,\"caption\":\"Exterior rendering of 725 12th St., a new office building to rise in Washington, D.C.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/bxp-eyes-dc-office-building-revamp\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BXP Eyes DC Office Building Revamp\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\",\"name\":\"Gail Kalinoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"caption\":\"Gail Kalinoski\"},\"description\":\"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/gail-kalinoski\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"BXP Eyes DC Office Building Revamp - Commercial Property Executive","description":"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/","og_locale":"en_US","og_type":"article","og_title":"BXP Eyes DC Office Building Revamp","og_description":"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.","og_url":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-01-08T11:39:16+00:00","article_modified_time":"2025-01-08T15:34:21+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","type":"image\/jpeg"}],"author":"Gail Kalinoski","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/"},"author":{"name":"Gail Kalinoski","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"headline":"BXP Eyes DC Office Building Revamp","datePublished":"2025-01-08T11:39:16+00:00","dateModified":"2025-01-08T15:34:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/"},"wordCount":507,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","keywords":["BXP","CBRE","Hines","JLL"],"articleSection":["Investment","Mid-Atlantic","News","Office","Washington D.C."],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/","url":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/","name":"BXP Eyes DC Office Building Revamp - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","datePublished":"2025-01-08T11:39:16+00:00","dateModified":"2025-01-08T15:34:21+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"description":"BXP acquired 725 12th St. NW, an office building in Washington, D.C., with plans for a full redevelopment. Hines Interests sold the asset.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","width":1200,"height":900,"caption":"Exterior rendering of 725 12th St., a new office building to rise in Washington, D.C."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/bxp-eyes-dc-office-building-revamp\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"BXP Eyes DC Office Building Revamp"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57","name":"Gail Kalinoski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","caption":"Gail Kalinoski"},"description":"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/gail-kalinoski\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/01\/725-12th-St.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004742486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1068"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004742486"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004742486\/revisions"}],"predecessor-version":[{"id":1004742598,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004742486\/revisions\/1004742598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004742490"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004742486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004742486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004742486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}