Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Groch will primarily focus on opportunities to deploy capital in the company's merger and acquisition program and to allocate capital that will be invested by its real estate investments businesses—functions he has overseen for the past 10 years.
WeWork announced today that it has received the $6-billion investment from Softbank. A total of $5 billion is in the form of primary growth capital and the remaining $1 billion is in secondary capital, which will be used to fund share purchases from investors and employees.
Law firms have been slow to adopt modern workplace solutions, like updating back office systems and incorporating employees in work configuration needs.
“Millennium offers significant near-term upside for an experienced owner like Morgan Properties to take advantage of all that Conshohocken has to offer,” says HFF's Doug Rodio.
Google's director of NYC real estate, Paul Darrah, sits down with Cushman & Wakefield's Marlene Manzella to discuss co-working and shared spaces EXCLUSIVELY for GlobeSt.com.
In an effort to absorb activity and expand its reach within Seattle and the US, Rider Levett Bucknall merged with Seattle-based cost estimating and construction management firm the Robinson Company.