Not a single investor surveyed said they plan to decrease data center allocations in 2024.
A loan backing 10 Silicon Valley mixed-use properties defaulted in June.
Building owners could convert up to 2.5M SF of office to alternative uses, knocking out 6.7% of current inventory from the Class-A office market.
Impacts of the Fed's recent interest rate cut won't likely be felt by San Francisco office investors until next year.
Landsec is set to divest a £400M hotel portfolio, Gordon Ramsay signs at 22 Bishopsgate, and Lawrence Hutchings to join Workspace Group.
The state saw 24,500 new residents between 2020 and 2023 exacerbated by work-from-home initiatives and migration trends.
JLL, Cushman & Wakefield, CBRE and Newmark Group all beat expectations in third quarter earnings reports.
After delivering and in the process of leasing more than 270 units, Middle Street is about to finish another 480 luxury units it will need to fill.
BG Ventures and ELV Associates purchased the property at 2101 L St. NW, the value of which JBG had written down last quarter.
With multifamily starts dropping 20%, many experts believe the oversupply phenomenon will be short-lived, and rents will swiftly start to inch up.
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