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The venture is targeting three to four transactions of approximately 200,000 to 500,000 square feet.
175-key project will be built on Sunset Boulevard.
Tishman to convert 10 floors at 30 Rock over NBC Studios, Radio City.
Also, the average price reduction is going down.
"The deceleration in nonresidential construction activity may have started."
It's going to be a tough road for many developers delivering lease-ups in 2023 and 2024.
Elevated interest rates and overall costs are expected to curb most development.
Framework @ Block 10 will be Houston's first mass timber office, according to the developer.
The renovation is designed to create an experiential office project.
The construction and real estate finance software company expands beyond the home market.