Big Office Deals Are Returning To Atlanta, REIT Executives Say
As new office development dwindles, Cousins CEO Colin Connolly said new build-to-suit towers may soon be coming.
As new office development dwindles, Cousins CEO Colin Connolly said new build-to-suit towers may soon be coming.
The office landlord negotiated to extend the loan's maturity date to July 2025 with a six-month extension option.
Urban gardens are luring Bay Area workers back to the office while enhancing office-property values and sustainability.
Availability finally started to tighten in Manhattan's office market, but success depended on the neighborhood.
The agreement for the Department for the Aging to move to 14 Wall St. is on hold as City Hall investigates the deal, according to reporting.
Mixed-use, master-planned districts are at the top of the heap in an environment in which location and amenities are imperative.
Cousins Properties is looking to expand its lifestyle office assets in the Sun Belt as demand remains elevated and development is subdued.
The owner put the 86K SF office building, completed in March 2021 and listed for sale, into bankruptcy.
Miami, Fort Lauderdale and West Palm Beach offices had only 14% fewer people in April compared to 2019, while the gap nationally is 32.2%.
Starwood is repaying some debt and paying a higher interest rate in exchange for a loan extension.
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