Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
NEW YORK CITY—Corporate relocations out of Midtown to the west and southern section of the city as well as the movement by some major businesses to new construction projects Downtown or on the Far West Side could spell trouble in the years to come for Midtown property owners.
The new 2011 ALTA / ACSM Survey Standards have many changes from the 2005 Standards that all transacting parties need to be aware of in order to facilitate the process.
SEATTLE-Bought with the help of a $26.6-million loan from GE Real Estate, the four-property office portfolio totals 229,325 sf and is approximately 90% leased
FLOWOOD, MS-JCPenney, Dick's Sporting Goods and Bed Bath & Beyond rope off 174,016 sf in Market Street Flowood's phase one. Second-phase work starts in two weeks.
HOUSTON-The decision upholds Whitestone REIT's right to change its bylaws and eliminate a provision for majority written consent. The challenger says it's not over yet.
PHOENIX-The buyer gets the vacant 78,000-sf Luhrs Building and 95%-leased, 163,000-sf Luhrs Tower. Up to $6 million will be spent to upgrade the 1920s-era historic assets.