Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
BALTIMORE, MD-T. Rowe Price has signed a 29,564 sf lease expansion for the Baltimore Building for an undisclosed amount. This brings the 272,178 sf, 28-story office tower to 100% occupancy.
WASHINGTON, DC-A March 2 deadline for public comments has been imposed by the Federal Reserve Board for its proposal that, if adopted, would allow national bank subsidiaries to broker real estate transactions.
DENVER-It's all in the eye of the beholder, or in this case, the statistics. Cushman & Wakefield's latest report puts the southeast market ahead of the CBD. Not so, says an official of the Downtown Denver Partnership.
WHITE PLAINS- Executive Andrew Spano announced yesterday (Tuesday Dec. 5) that the county has allied with MrOfficeSpace.com to link a listing of available commercial office space in Westchester with county government's web site.
DALLAS-Insignia Commercial's appointment of a new president will open up a development pipeline for Denver, Austin, California and the Baltimore-Washington, D.C. area. Barry Nelson will refocus ICIG activities strictly on office and industrial projects.
DALLAS-Realty Capital has signed Kennedy-Wilson as its exclusive leasing agent for a 35,000-sf spec office project in Plano. The two-story building will come to market in August 2001.
HOUSTON-Camden Property Trust expects to end the year on a high note, based on results from the third quarter. The FFO's up; revenues are too and so are occupancies--all positive signs that the tide is turning.
REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.
NEW YORK CITY-Last night in the posh Metropolitan Club, speakers invited by Cushman & Wakefield to speak on the future face of the commercial real estate market pronounced this city's future the brightest of all.