Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
SAN FRANCISCO-Several refurbished buildings are set to come back online this summer the heart of San Francisco's downtown business district. One of them, on Taylor Street, has been fully leased to ABM Industries. The others are actively marketing their space.
DALLAS-The infrastructure is in place and the development door is wide open for a 110-acre tract in Las Colinas. Property owner Olympus Real Estate has hired CB Richard Ellis to market the land. The first deals should close by year-end.
LOS ANGELES-Soaring temperatures across the state are expected to cause a second straight day of outages today. More than 100,000 commercial and residential property owners lost power Monday.
SAN FRANCISCO-Dan Harvey and Jim McPhee have completed more than 400 transactions valued well in excess of $1 billion dollars since beginning their partnership in 1987. They are now senior vice presidents with Jones Lang LaSalle.
HOUSTON-An ad agency's downsizing has sparked a tenant shuffle in the 25-story BHP Tower. McCann-Erickson has subleased its space, inked a bridge lease and a more permanent pact all for the same building.
ARLINGTON, TX-The Southwest BOMA Region has its TOBY picks ready to head to the national competitions in Baltimore. The 15-year-old Brookhollow II's property manager is optimistic it will win its category.
STAMFORD, CT-Grubb & Ellis officials say that the slowdown that has taken place in Westchester County in early 2001 is minor and that the fundamentals of the office market remain healthy.
VANCOUVER, WA-After a two-month delay to adjust plans for a larger underground parking garage, work resumed this week in the 35-foot deep hole east of Esther Short Park in downtown Vancouver. Cranes and concrete will arrive next month.
KANSAS CITY-Tax Increment Financing plans had called for construction of a $25-million office building. DST Realty Inc. has no immediate plans for a site that once was slated for a 180,000-sf office building.
DALLAS-It's time to move out of an executive suite and into a full-fledged office, says Cambridge Silicon Radio. The UK high-tech company is unboxing its belongings at One University Place in Richardson's Telecom Corridor as a result of recent five-year signing.