Office

The new lease for the firm's corporate headquarters will expand its footprint at the property to the 12th floor, bringing its total occupancy to 51,150 square feet.

The District of Columbia posted negative absorption in third quarter, as asking rents increased by 0.2%, according to Transwestern.

When a struggling vacuum-cleaner repair shop is converted into a new, hip restaurant concept, all the surrounding tenants benefit from the influx of customers, CBRE's James Lehigh tells GlobeSt.com.

The project, expected to open in 2019, will be home to George Street Playhouse, Crossroads Theatre Company, American Repertory Ballet, and Mason Gross School of the Arts at Rutgers University-New Brunswick.

CBRE says the biggest quarterly declines in vacancies have been seen in mid-sized, mainly Sun Belt, office markets including Phoenix and Orlando.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

New York Life and Finland's Ilmarinen intend to assemble a $1.2-billion portfolio of core and core-plus office properties in the next few years.

The city's real estate sector will be a major contributor to helping the city reduce greenhouse gases. The mayor's proposal calls for significant building energy performance upgrades as well as deep energy retrofits in city-owned buildings.