Office

After years of following the Phoenix market and its strengthening fundamentals, Texas-based CapRidge makes its first buy in the market.

The request proposes a walkable, mixed-use development that will include a mix of 900 condominiums, 500,000 square feet of new office space, 12,000 square feet of retail and nearly three acres of green space.

Demountable walls are often overlooked, but they can easily change the aesthetic and an office space and add flexibility to the floor plan.

The global valuation and corporate finance consultant goes from subletter to tenant expanding by almost 30,000 square feet at the Plaza District tower.

Orion Resource Partners, an alternative investment management firm, will relocate to 7 Bryant Park from 1211 Ave. of the Americas and will occupy the entire 25th floor of the building, totaling14,143 square feet.

The company will change its name to Office Properties Income Trust.

Class A buildings have the amenities needed to compete, and can offer space at a cheaper price.

The need for energy efficiency and sustainability has also brought the idea of wood buildings back.