Office

The spinoff of commercial real estate services firm Newmark Group is expected to become effective on Nov. 30, BGC reports. The stock distribution will be to BGC stockholders of record as of the close of business on Nov. 23, 2018 (the record date).

Advocacy efforts by the honorees helped establish NAIOP as the most effective and respected real estate organization in the state, says NAIOP NJ president Dave Gibbons of Elberon Development Group,

The role of the corporate real estate executive is becoming more strategic as occupiers look to optimize their workplaces. So says CBRE's latest survey.

The real estate company acquired the stake in the Upper West Side office building from SL Green.

The real estate services company stays in Midtown East relocating two regional offices to two towers near Grand Central Terminal.

On the radio program, the mayor pointed to the city's public housing and affordable housing programs and took a swipe at the City of San Francisco, who he said enacted zoning policies that has transformed it to a city for the wealthy.

“Consistent with the opportunities we see in the marketplace, we intend to complete our strategic shift by monetizing our remaining, high-quality office assets and focusing our efforts and capital solely on our industrial platform,” Liberty's Bill Hankowsky says.

The cloud-based data backup/restore provider OwnBackup is taking an 11 year lease on the space in the class A office building.