Office

The San Pedro office market is growing, thanks to significant investment and redevelopment at the Ports of Los Angeles and Long Beach.

ASC 842 will require office lessees to recognize assets and liabilities associated with most leases, and it could encourage companies to adopt shorter lease terms.

Last October, the partnership of Vanderbilt Office Properties and Barron Collier acquired Sawgrass Pointe II, a 95,800 square-foot office building, also located within the Sawgrass International Corporate Park.

Redevelopment experts who spoke at the NJ Future Redevelopment Forum say new tools are needed to determine how to prioritize infrastructure investments in cities, towns and regions, so that businesses and jobs can grow.

Acquiring Touchtown expands Uniguest's value in the ability to centrally manage and distribute content to devices, places and screens, the company says.

Companies are making the office a place where employees are excited to come to work and inspired to do their best, focusing on amenities at employees' desks, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

Madison International entered the Warsaw market last year with the acquisition of a 50% interest in the Warsaw Spire office tower.

Flexible accommodations firm Stay Alfred can market vacant units as short-term rentals to provide an authentic, upscale living experience in 30 urban downtowns, GlobeSt.com learns in this <b>EXCLUSIVE</b> .