JBG Smith To Buy More Distressed Office In 'Deliberate Pivot' From Multifamily

In a letter to shareholders Tuesday, JBG Smith CEO Matt Kelly said the REIT offloaded $452M of properties during the second quarter.

Lender Forecloses On Cumberland/Galleria Office Tower At 70% Value Drop

RiverEdge Summit, the twin office buildings next door to 2000 RiverEdge, is also facing foreclosure.

Center City Office Tower Enters Receivership Following Precipitous Occupancy Drop

The loan underpinning ASI Management's 2018 purchase of 1650 Arch St. is in receivership. The office building's occupancy has dropped 44% since then.

‘Very Much On Sale’: Houston Investment Partners Acquire Galleria-Area Office Building

Likening it to running into a burning building, Brad Porter saw an opportunity to acquire a Houston office building in a down market.

Starwood Turns Over 1.6M SF El Segundo Office Campus To Lenders

A Beacon Capital Management fund and Arizona-based 3Edgewood Real Estate are the new owners of the PCT towers.

Union Investment Adds 3 New Tenants To Grand Parade Office

Hamburg-headquartered Union Investment has secured three new occupiers for Irish Nationwide Building Society’s former HQ.

Deutsche Bank Pays $237M For Essex Crossing Office And Retail Condos

The towers are a large component of the $1.9B Lower East Side megadevelopment.

With Offices Overflowing, Amazon Delays RTO For Some Employees

Thousands of employees are temporarily exempt from Amazon's full-time return-to-office mandate as the e-commerce giant retools its office footprint.

New Owner Of Rosslyn Office Portfolio Gets Extension On $691M Loan

The seven-building portfolio was previously owned by Monday Properties, but Beacon Capital Partners took control of it in recent weeks.

How Convene Combines Hospitality And Flexible Office In Today’s Hybrid Work Environment

Convene is taking its hospitality approach to another level by turning premium meeting, event and flexible office spaces into more amenitized experiences.