Pimco-owned Columbia Property Trust signs four lease deals at a skyscraper tied to a $1.7B loan default.
Offices are seeing 54.2% of the foot traffic they were seeing in 2019, with spaces in Houston, Austin and Washington, D.C., the busiest.
A company called Finesse just subleased 23K SF in The Bloc.
Commonwealth Development Partners, a Connecticut-based developer and investment firm, is aiming to convert most of 500 N. Michigan Ave. into 320 units.
The national office REIT recorded 1.3M SF of leases last quarter, and 86% of that came in the Boston, New York City and Northern Virginia markets.
Williams Tower will be the new home of Camden Property Trust's headquarters as trophy assets like it prop up the Houston office market.
Monday had purchased the 184K SF property from Brandywine Realty Trust for $27.6M with plans to renovate it.
Recent leases by OpenAI and Google may just be the start of tech's re-emergence as a player in New York City's office market.
A loan from Israeli investors is expected to help shore up Epic I, which lost anchor tenant Uber two years ago.
The CMBS loan on the 1970s-era office building was transferred to special servicing this month.
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