Office

One of the drivers of an emerging market is lower cost, but office product in the Arts District is priced the same as the Westside, and could be a reason it is lagging behind.

But Revathi Greenwood of Cushman & Wakefield points out we saw similar volatility in 2016.

Stem was chosen by Kilroy Realty Corporation to deploy more than 7.5 MWh of artificial intelligence-driven energy storage at eight office buildings in its California portfolio to reduce the environmental impact.

Last year Northern Virginia accounted for all of the growth in financial employment in the Washington DC area, according to Cushman & Wakefield.

“Technology is revolutionizing the commercial real estate industry, and Eastern Union is ahead of the curve with our game-changing solutions,” says Ira Zlotowitz, president of Eastern Union Funding.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Led by Dallas/Fort Worth, 18 of the 48 major markets surveyed by Transwestern have posted year-over-year positive absorption of greater than one million square feet.

Today's co-working facilities put pressure on traditional firms by raising expectations about what amenities should be standard for offices.