Office

The two sharing-economy giants are testing a program to make shared office space available to business travelers in New York City, Los Angeles and other markets.

The complex, which offers 12 flex buildings and one office building, lies in a densely populated infill location just 20 miles west of New York City.

With pricing continuing to climb to record highs, office investors may be moving to the sidelines next year.

The new building—Corporate Commons Three at the Teleport—will complement the Nicotra Group-owned existing fully-leased Corporate Commons One (120,000 square feet) and Corporate Commons Two (180,000 square feet) properties at the campus.

Manhattan posted 9.48 million square feet of leasing activity in the third quarter, which was 10.6% higher than volume registered in the second quarter and 15.1% more than deals closed in the third quarter of 2016.

Plaza 2020, a 105,796-square-foot, class-A office building in the Mission Valley submarket sells to Vista Investment Group, its second significant investment in San Diego since entering the market in January.

Panelists exchanged opinions and insights on issues ranging from politics and economics to infrastructure challenges and changing demographics.

Those who prefer a campus-style or low-rise environment, access to a great labor pool, proximity to gateway and secondary markets and a less-expensive alternative to L.A. choose Orange County, CBRE's Petra Durnin tells GlobeSt.com.