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Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
Fannie's new underwriting standards should help bolster multifamily trades as the markets slowly improve.
TAMPA, FL-CarePlus Health Plans will relocate its offices from another Westshore submarket location to Fountain Square II.
NEW YORK CITY-CBRE's market forecast predicts tightening availability, continued higher pricing and the spread between Midtown and Downtown to narrow.
NEW YORK CITY-Following ALM's recent 90,000-sf lease at the landmark building, Dealogic renews and expands taking the tower to almost full occupancy.
SCHILLER PARK, IL-Rreef is the new owner of the property at 5100 River Rd. on behalf of an institutional client from North River Group LLC.
NEW YORK CITY-SL Green enters into an agreement to sell 470 Park Ave. S, which will generate a gain of approximately $118.4 million.
SOMERVILLE, MA-The 65,000-sf office and retail building at 212 Elm St. here features a stable rent roll with several top tenants.
LYNDHURST, NJ-The plastics maker now owns the building it initially leased as part of a headquarters move. A $7-million loan has completed the deal.
NEW YORK CITY-A phased occupancy of the landmark Equitable Building--consolidating four separate Manhattan locations--is slated to begin in Mid 2008.
CHICAGO-REI will be a tenant at Blackhawk Halsted, a two-acre mixed use project being developed by Structured Development.