Law Firm Relocates from Midtown to Downtown Manhattan
Midtown Manhattan law firm Morgan & Finnegan has signed a 100,000 sq. ft. lease at 3 World Financial Center. The lease gives the firm two full floors...
Do I Hear a Bid?
Last summer, real estate owner Roger Kellogg needed to sell several office buildings quickly. The Florida-based investor had located a replacement property...
FOREST CITY RATNER PROPOSES $2B MIXED-USE PROJECT IN BROOKLYN
An 800,000 sq. ft. arena in Brooklyn will be the focal point of a $2 billion urban infill project, provided that the New Jersey Nets agree to move to...
High Drama Over Chicago High-Rise
The planned Trump International Hotel and Tower along the Chicago River faces a complicated set of issues to be sure: a lack of project financing, a weak...
Boston Feels Growing Pains
Finding vacant land in Boston's dense Financial District is as likely as the Red Sox achieving postseason success. So it comes as no surprise that retail,...
Bank of America to Anchor Major Manhattan Office Project
Bank of America has agreed to anchor a midtown Manhattan office development near Times Square. The 2.1 million sq. ft. office tower to be called One Bryant...
Planned Ground Zero Building To Be World’s Tallest
It’s finally official — the first building to be developed on Ground Zero will be the 1,776-ft. "Freedom Tower." The building will boast 2.6 million sq....
Jamestown Management Closes $131M Office Acquisition in Atlanta
A major Atlanta office complex has traded for $131 million, making it Atlanta’s biggest office sale of the year. Jamestown Management, a German property...
Canary Wharf Office Properties Sell For Nearly $2B
London’s Canary Wharf office complex has sold two of its office blocks, raising approximately $1.9 billion. The Royal Bank of Scotland purchased two of...
11 Madison Avenue Sells for $675M
An art deco office building in Manhattan’s Midtown South district has traded for $675 million, or roughly $310 per sq. ft. InvestorTamir Sapir of ZAR...
Investor Group Bags Enron Building for $55.5M
Houston’s Enron Building has fetched $55.5 million from a group of investors. The 50-story glass tower was sold via private auction on Tuesday, but the...
On the Cusp of an Office Recovery?
The third quarter brought hope to the embattled national office market: Grubb & Ellis reports that the national office market vacancy rate has stabilized...
OFFICE SQUEEZE PLAY
Surging worker productivity is great news for the U.S. economy because ultimately it leads to job creation. But in the near term, high productivity gains...
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