Monday Properties Defaults On Loan Backed By Billion-Dollar Rosslyn Office Portfolio

The loans tied to a seven-building Rosslyn portfolio mature on June 9, and they are heading to special servicing as the borrower has been unable to refinance.

Bright Realty Is About To Start Construction On Its Second Spec Office Building In Lewisville's Crown Centre

Crown Centre, a 140-acre corporate hub in the Castle Hills master-planned community, could eventually include 35 buildings.

Boston's Office Vacancy Rises To New Highs Despite Big Leases, Job Growth

New third-quarter reports found Boston experienced negative net absorption and rising office vacancy even as its economy remained relatively strong.

Feds Look To Sell Vacant Office Building On 10-Acre Site In D.C. Suburbs

The vacant Alexandria office building going up for sale serves as an exception to the GSA's strategy of consolidating offices into owned buildings.

Meta Terminates 200K SF Manhattan Office Lease Amid Broader Cutbacks

Facebook signed the lease at Orda Management’s 225 Park Ave. South in 2016.

JLL: 15M SF Of New York City Office Is Underwater

In total, JLL has identified 73 office properties in the city – spanning a total of 15.1M SF – whose current value is lower than their debt.

Greatland Realty Partners Buys 2 Lexington Office Buildings

The Boston-based firm acquired two office buildings in Lexington from Duffy Properties for $34.2M.

Office Values Have Further To Fall Before Residential Conversions Start Picking Up Speed

For office-to-residential conversions to ramp up significantly, the value of the office buildings needs to go down.

Biggest U.S. Office Deal Ever? Real Estate Heir Reportedly Selling Father's Crown Jewel

Solow's 9 West 57th St. was last appraised at $3.4B in 2016, putting the 1.6M SF building at more than $2K per SF.

Baltimore-Area Office Investment Sales Plummet

Baltimore's office investment sales plummeted in the fourth quarter of 2022.