Blackstone-Owned EQ Office Sells OC Office Complex At A Discount
The campus was 68% leased at the time of the $91.5M sale.
The campus was 68% leased at the time of the $91.5M sale.
The building is about half empty.
Silicon Valley's office market has remained healthy compared to its Bay Area brethren.
Office owners say the D.C. budget for fiscal year 2023 does not account for the dramatic fall in value for older office buildings and could face a shortfall.
The private equity giant is moving into space Facebook is giving up.
Office investment nationwide fell as the cost of capital crashed into economic tumult.
Mike Nathan will join Harbor Group in New York, and handle the firm's office investment platform.
The office REIT increased its earnings guidance after beating projections in the second quarter, and executives voiced renewed confidence in the office market.
Dublin's office market enjoyed a strong final quarter in 2022 but storm clouds are gathering, especially in the suburbs.
All four major Texas markets are seeing three-year lease terms, on average, for new direct deals. That's down from a longtime average of five years.
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