Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Hunt, a highly regarded office real estate specialist, will help expand firm's consultation and tenant-representation practice in Philadelphia and Wilmington.
Developers should focus less on the benefit from the opportunity zone incentives and more on the overall return from investing in the property, says Jeff Monge, managing partner of Monge Capital.
A refinanced office complex benefits from not only favorable market dynamics but also organic growth from existing tenants such as Google which are drawn to the building's central location and amenities.
“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.