Office

Texas continues to attract global capital and talented developers, and the timing of CPS Energy's assets coming to market aligns with city activity and the release of the guidelines for federal opportunity zones.

“We have regularly focused on how to take our business to the next level in every aspect,” says Adam Neumann.

“We are looking to grow our footprint at this point,” said partner Lynda Galligan, who has led the firm's California growth. “We have everything covered, it's just a matter of growth.”

On April 9, the Pennsylvania Superior Court held that a commercial landlord was entitled to recover certain portions of unpaid additional rent under a lease agreement but limited the landlord's recovery based on the statute of limitations.

While HUD estimates that opportunity zones could spur as much as $100 billion a year in investments, evidence suggests this is far from being realized, so new rules seek to clear up the confusion that was holding investors back.

Colliers states that it will add development services team members in Orlando, Tampa Bay and Jacksonville, as well as bring in additional personnel to its South Florida operation.

Federal Realty Investment Trust's latest office building, 700 Santana Row, has completed construction and will be finishing interior tenant improvements ahead of Splunk's planned occupancy later this year.

The key element of the makeover was Market Street's Central Park, the focal point of the 560,000-square-foot mixed-use property, which also has retailers and restaurants as well as class-A office space.