Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Renovations are less expensive than ground-up construction, but internet service provider Stealth Communications explains what's needed for optimal connectivity.
The deal for Gateway Center follows Hamilton EQ's entrance into the Charlotte marketplace with the purchase of seven buildings in Parkway Plaza in late February.
The wrestling entertainment giant has signed a 415,000-square-foot lease with New York City-based George Comfort & Sons, Inc. at 677 Washington Blvd., the former North American headquarters of UBS, for its global headquarters.
Elekes implemented strategies and procedures that have enhanced the company's property management efforts, says Joe Correia, executive vice president of Petrucci.
Total investment activity across all sectors reached $1.14 billion during fourth quarter 2018, the seventh consecutive quarter surpassing $1 billion, which lifted the annual total to $4.48 billion, the highest since 2000.
The Aventura, FL-based asset management firm purchased the 187,373-square-foot office center in Cobb County from Pope & Land Real Estate of Atlanta.
In a recent study conducted by CoreNet Global and FPL Associates, salary increases continue to be the predominant practice from CRE and other real estate sectors, but the same cannot be said of bonus increases, GlobeSt.com exclusively learns.
"We saw this as a great opportunity to provide a structured investment in a development project that is extremely promising, given the ongoing local demand for high-quality residential and retail product," says Matt Drummond, Square Mile Capital.