Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Traditional leases alone aren't enough to serve today's corporate occupiers, say the folks of CBRE. Agility in its approach to space serves the tenant (and their employees) best--which means it serves the landlord as well.
The $800-million will be spent over the next seven years to expand its laboratory space, manufacturing capacity and warehouse facilities at the company's Rensselaer County campus.
In the first half of the year, Skanska purchased a 77,000 square-foot land parcel at the corner of 108th Avenue NE and NE 8th Street in downtown Bellevue with plans to develop a class-A office property.
Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm's second real estate investment in Germany.