Silverstein Raising $1.5B Office-To-Residential Conversion Fund
Silverstein Properties is seeking troubled Manhattan offices for conversion to residential — and $1.5B funding for the initiative.
Silverstein Properties is seeking troubled Manhattan offices for conversion to residential — and $1.5B funding for the initiative.
Baker Botts signed the year's largest office lease so far, a 172K SF renewal and extension at 910 Louisiana.
West End office market picks up speed
Autodesk is leaving San Rafael amid plans to consolidate its offices in San Francisco.
Rates revaluation risks hurting fragile London tech businesses
Morningstar reported the $20M loan for Tower Point at the Highlands property in Baltimore County is 30 days delinquent.
The deal is for nearly 26K SF on the 27th floor at Brookfield's $400M redevelopment.
The retreat is the latest in a series of blows for office owners with maturing debt.
Architects and developers said they see room for more office-to-residential transformations in Baltimore, one of the most active U.S. cities for conversions.
Incentives are becoming more popular as cities seek to revitalize aging downtowns and remove struggling office stock from property tax rolls.
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