Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
BOCA RATON, FL-The real estate investment trust reports the weighted average gross rental rate on new leases signed increased $12.39 per sf over the second quarter.
AURORA, CO-A location where most of its employees live helped drive Land Title Guarantee Co.'s decision to lease CMD Realty Investors' Forum recently renovated building at 14001 E. Iliff Ave.
SAN DIEGO-While other high-tech firms are laying off thousands, a semiconductor manufacturer has expanded into a new, larger facility in the Rancho Bernardo area.
CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.
LOS ANGELES-The renovation of the 70,605-sf facility is being celebrated today with a ribbon-cutting ceremony. Touted as West Hollywood's first class A office building, the property formerly housed the Playboy Corp.'s headquarters.
BELLEVUE, WA-While much of the printed word of late has focused on the gruesome situation many Eastside office building owners are facing, not enough has been said about the glorious opportunity it presents for those still able to take advantage -- and their brokers.
LOS ANGELES-The nonprofit Trust for Public Land gets option from developer to purchase another 20% of the 1,087-acre Westside project. The 193 acres are currently targeted for 4,400 homes and 220,000 sf of commercial space.
SANTA ANA, CA-The five-year deal for 38,970 sf has been inked by a long-term tenant of the building. The transaction follows another recent office deal in Santa Ana, in which an office suite was leased for $1.2 million.
BOSTON-The Salvation Army seeks proposals from firms interested in redeveloping its state headquarters in the Back Bay area here. In doing so, the evangelical Protestant denomination joins other religious institutions looking to take advantage of the local real estate market.