Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
The university notes that the building, when completed next year, will be the first of its kind at a higher education institution in the United States.
Drexel Square park sits directly in front of the Bulletin Building, which Brandywine will begin construction on this month in partnership with Philadelphia-based architecture firm, Kiernan Timberlake. The $43.3-million re-imagination of the Bulletin Building will serve as the centerpiece of Schuylkill Yards.
The Research Park at Marina Village is minutes from downtown Oakland and BART, and with 1 million square feet of product, it is big enough to give tenants the opportunity to expand.
The portfolio comprises nearly 403,000 square feet in three Seattle properties: 333 Elliott West, Fourth and Battery located at 2401 4th Ave., and Third and Battery located at 2400 3rd Ave.
The building is currently 100% occupied with an average remaining lease term of 7.4 years and in-place triple net rent levels amongst the highest in the Baltimore market, according to the REIT.
Tampa posted a cost of living index of 89.7 during the first quarter of 2019, which was a slight decline from the first quarter of 2018 when its cost of living index registered at 90.1.
The firm reports that Ruggiero will lead a newly created client solutions and product specialist team within its real estate operations. Pattison has been appointed global head of real estate research and strategy at MetLife Investment Management.
The company's growth in the past year and the tight office market in Evanston made expansion difficult in that market. The move consolidates Opex Analytics' operations under one roof, company officials explain.