Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
The market has added 12,650 tech jobs in the last five years and with a tech job base that makes up 4% of total employment, the market is now ranked #15 for tech jobs.
The RFP seeks proposals to develop and operate a best-in-class production facility campus for film and television production, video and photo shoots, sound-recording and emerging media sectors.
Cushman & Wakefield's Q2 report also reports that the current bright spot in the District is the CBD Class B market, which has tightened as space has been renovated into Class A.
The company has sold a 28% stake in its Manhattan office and multifamily portfolio and entered into a contract to sell 112 self storage assets for more than $1.3 billion.
This is the industry's first and largest securitization backed exclusively by commercial property-assessed clean energy/C-PACE and was issued for 82 US properties (pursuant to rule 144A of the Securities Act of 1933).
"With Dennis, we are getting a seasoned real estate executive with decades of experience in managing brokerage firms, specifically within the New Jersey market,” says David Amsterdam, Colliers president - investments, leasing and eastern region.
“The nature of work is changing; today's employees require flexibility and inspiration within their workday routines,” says Mark Vollbrecht, principal for ZRG.