Health Insurer Downsizes D.C. Office By 140K SF With New Lease
CareFirst BlueCross BlueShield shrunk to less than one-third its prior size in a NoMa office building that was developed with it as the anchor tenant in 2002.
CareFirst BlueCross BlueShield shrunk to less than one-third its prior size in a NoMa office building that was developed with it as the anchor tenant in 2002.
Panelists at Bisnow's Chicago office event have their eyes on Class-B loan maturities as a source of investment opportunity.
AT&T will be taking a building it formerly occupied at Lenox Park in Brookhaven.
Office delinquencies are on the rise, but so are CMBS loan delinquencies overall.
Office leasing improved by 11.6% in the second quarter as management's drumbeat calling on workers to return to the office grew louder.
Ownership tried for two years to refinance the property.
LoDo had an 11.2% direct vacancy rate in Q2, a 1.1% decline year-over-year. The submarket had an average direct asking rent of $46.89 per SF.
The GSA put out a new lease request for the agency seeking up to 92K SF, down from the 150K SF it occupies today in Navy Yard.
The rate of noncurrent CRE loans rose by more than $4B in the third quarter.
A Christian college in Lower Manhattan is closing its doors — and leaving few clues as to how it will meet mortgage payments for its Class-B space.
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