59M SF Of South Florida Office Buildings Could Face Janitor Strike

Around 1,500 janitors who maintain 59M SF of office space in Miami and Fort Lauderdale could walk off the job when their contract expires on Feb. 29.

KBS REIT Must Raise $100M To Retain $613M Office Portfolio

KBS REIT III has five months to raise enough money to meet the terms of a new loan extension agreement.

Greenstone Marketing Its Empty New Midtown Office Building For Sale

A source tells Bisnow that Greenstone is simultaneously marketing the office space for lease as well.

‘Something’s Brewing’: Boston Office Market Sees Bump In Leasing Activity After Election

Boston office brokers are seeing increased touring activity post-election as companies are navigating the market with more certainty.

Floyd Mayweather Jr. Bets On Office Recovery With Over $100M Investment

The undefeated boxer is expanding his real estate holdings with an investment in 18 office buildings primarily in New York and Chicago.

UBS Sells NYC Office Tower Via Online Auction For 97.5% Loss

In 2006, UBS Realty Investors bought the 920K SF building for $332M. The bidder spent just $8.5M to scoop it up.

Lenders Foreclose On Historic Office Building In Downtown Fort Worth

This is the second building that owner Wolfe Investments has lost to its lender.

Insurance Firm Plans To Vacate More Than 100K SF Of Office Space In Uptown Dallas

The company's lease is up in October.

Seeking To Stave Off Bankruptcy, Office Properties Income Trust Gets Lifeline On $340M In Debt

Office Properties Income Trust has reached a deal to refinance $340M in loans coming due in 2025 amid what the REIT described as market headwinds.

TF Cornerstone, Dune Real Estate Form $1B Venture For Office Conversions

Dubbed Alta Residential, the joint venture plans to target locations with high barriers to entry in transit-oriented residential neighborhoods.