Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
“With its exceptional location, physical quality, and strong occupancy, 1800 M Street is the right opportunity to expand our presence in this key market and further our partnership with Allianz.”
The acquisitions from New York REIT, which is liquidating, “will further establish Columbia as a significant player in Manhattan's most dynamic office district,” says Nelson Mills, president and CEO of Columbia Property Trust.
One Allen Center is an institutionally maintained building that caters to small- and mid-sized tenants seeking class-A office space, square in the path of northbound suburban expansion.
The office development is pre-certified under LEED v4 Platinum and will feature a number of green features, plus an infinity edge that makes it appear as though the park is floating in the sky.
The New York City Economic Development Corporation and New York City Department of Small Business Services will move to another Lower Manhattan location.