Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
EverWest sought out a project of the right size, submarket and value profile, and found that in Olympic Block, a mixed-use asset that allows value add and the ability to capitalize on double-digit rent growth.
RUTHERFORD, NJ—Commercial brokerage firm Savills reports it has launched a new specialization that will be focused on property disposition services.The…
Specifically, the retail sector experienced the greatest cap rate compression by four basis points to 6.23%. Moreover, this was the first quarter of downward cap rate movement for the retail sector following five consecutive quarters of upward movement.
Earlier this year, Midtown Office Center was less than 10% occupied, but since purchasing the campus, MoxieBridge has secured 50,000 square feet of pre-leasing activity with plans for tenant improvements.
When marketing the Robinson-Rosner Building, CBRE was not surprised to receive interest and offers from both national and international investors for a rare opportunity to purchase a historic building.