Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Kaufman New Ventures director of acquisitions says they've been the most active office investor in Midtown South over the last half-decade and they're committed to the area.
JLL notes that flex space inventory accounts for less than 5% of US office stock and that by 2030 that number will have skyrocketed to approximately 30% of the market.
With a new South Bay office, ESA looks to aid clients in transportation, public works, water supply, flood risk reduction and habitat restoration, and an eye on expanding its reach into new sectors, i.e. tech.
The firm, which received $18 million in new funding earlier this year, reports that it plans to centralize its US-based workforce in Chicago at the mHUB building at 965 W. Chicago Ave.
In 2015, the building experienced structural degradation and moisture infiltration due to storm damage and restoration work included waterproofing, structural remediation and interior finish out.