Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Carrying occupancy growth into the first quarter, nine new office leases totaling 212,355 square feet have been inked recently at Bishop Ranch, with the majority from firms moving from other Bay Area markets.
Construction financing has been secured for River South, a 350,000-square-foot office building, which consists of a $122.94 million floating rate with a term of five years with one 12-month extension option.
Following the headquarters lease by Direct Energy, the largest footprint at 2 Houston Center to date at 105,578 square feet, Gensler announced it will also take two floors in its Houston office relocation.