Commercial Real Estate Office News
Modest Recovery Continues, According to Reis
“Fairly unspectacular” seems to be the theme behind the numbers in the first quarter reports from Reis. ...
Growing Retail Amenities Boost Los Angeles' Downtown Office Market.
Los Angeles' downtown is enjoying a revival....
Ivanhoé Cambridge, Hines to Develop $300M Chicago Office Tower
Ivanhoé Cambridge plans to invest $300 million to build a 45-story office tower in the West Loop in downtown Chicago....
West of the Hudson River, New Jersey’s Gold Coast Shines
Why is the Gold Coast gleaming? Northern New Jersey’s coastline provides easy access to New York City and is remarkably affordable for office, industrial and residential rents alike....
Normandy Partners Closes a $140M Loan for Mid-Atlantic Portfolio
The portfolio includes 10 buildings in Virginia and Maryland....
Hudson Pacific Properties to Acquire Office Properties in San Francisco, Los Angeles
Hudson Pacific Properties Inc. entered into purchase agreements to acquire offices in San Francisco and Los Angeles for a combined $179 million....
Olympic/Crown JV Acquiring Stake in New York's Olympic Tower Complex
A joint venture acquires a premier New York tower....
Going Greener: Major Real Estate Companies Align with the EPA
Cushman & Wakefield and SL Green have each signed memorandums of understanding with the Environmental Protection Agency in attempts to bolster their green activities....
Tenants Favor LEED Office Space, CoStar Study Shows
From 2006 to 2009, for properties 50,000 sq. ft. and greater, the percentage of rentable building area in LEED-certified office space grew strongly....
Starwood Originates $170M Loan for Redevelopment of One SoHo Square in NYC
The loan comes with a floating rate, a three-year term and 65 percent LTV....
AVEO Pharmaceuticals Takes 126,000 SF at 650 East Kendall Street in Cambridge
The building is located in a biotechnology super-cluster....
Are Suburban Office Markets Making a Comeback?
Suburban office markets seem to be picking up steam....
Rockwood Capital, Four Corners Properties Acquire 500,000-SF Silicon Valley Office Campus
Rockwood Capital LLC has acquired a vacant office campus consisting of over 500,000 sq. ft. on the border of Mountain View and Palo Alto from William Lyon Homes. Rockwood is partnering with Four Corners Properties. The purchase price was $90 million....
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