Office

The collateral for the Madison Realty Capital loan is a 78,318-square-foot commercial building that's over 70% leased.

Location, location, location is being replaced by accessibility, connectivity and amenities.

The city in releasing the RFP is hopeful that the sale of the 18 acres will result in the development of mixed-use, residential or office and or hospitality and retail development on the site.

Recent renovations at the property include upgraded interior finishes and the addition of a “Tenant Center”, which features a new cafeteria, conference rooms, tenant lounge and fitness center.

In a special session at MBA CREF last week, Scott Marshall, president and chief development officer of Hana, says that the evolving workplace is all about growth through flexibility.

While the energy sector slowdown of 2014/2015, and relocations by XTO to Houston and DR Horton to Arlington were headline stories, downtown has weathered the perceived storms, JLL observes.

For the full year, total private-sector jobs were up by 74,200 positions or 1.9% in 2018, marking the ninth consecutive year of positive job creation and the longest period of job gains on record.

The firm states that its MVP Fund will focus on middle market real estate-based investments including joint ventures, active or passive investments, urban infill development projects, income producing properties and substantial value-added renovations including historic properties.