Office

C&W states that there are few signs of systemic imbalances that would threaten the onset of recession.

On Monday, the business news and information company began its next chapter at offices across from Grand Central Terminal.

Inventory continues to rise significantly this year with more than 550,000 square feet of construction delivered in the second quarter, to be followed by another half a million square feet for the balance of 2018.

Splunk Inc. signed a long-term lease for 301,000 square feet of office area in Federal Realty Investment Trust's 700 Santana Row, a 319,000-square-foot class-A mixed-use office and retail building in San Jose.

The California State Teachers' Retirement System is reportedly joining L&L Holding Co. in buying a stake that's separate from the Normandy Real Estate Partners' interest in the former brick warehouse.

The 540,566-square foot facility is the newest of several other properties occupied by the Social Security Administration in Baltimore.

In an annual survey, it streched out its lead over second-place San Francisco.

New York City-based Tishman Speyer reports the $1,208-per-square-foot sale price for the Seaport District office tower at 200 Pier 4 Blvd. calculates out to the highest ever achieved for a Boston office property.