Suburban D.C. Office Properties Sell Out Of Mexican Fund's Liquidation
The properties were sold at steep discounts, with the proceeds going to the fund's secured creditor, Bank of America.
The properties were sold at steep discounts, with the proceeds going to the fund's secured creditor, Bank of America.
Austin-based Capital Commercial Investments purchased the property as a value-add investment for $23M, per Piedmont Office Realty’s Q3 investor report.
Texas has two of the five U.S. cities with the most vacant office square footage, meaning it loses $3.2B of rental revenue, according to a study.
Bisnow spoke with three industry professionals from SOCOTEC to figure out what it takes to reposition an office building to residential use in New York City.
Carlyle Group transferred 29 units outside the United Nations headquarters to AllianceBernstein, a year after unsuccessfully marketing them for sale.
More than half of the GSA's leased office footprint has expiration dates or termination options by 2028, a new report from S&P Global Ratings found.
The tech giant is in talks to take over HSBC's headquarters after the bank relocates.
Bisnow spoke with several industry professionals to find out more about where the office sector is heading.
Great Portland Estates has made a £19M office acquisition in Fitzrovia as it pushes ahead with plans to double its flex office portfolio.
Denver ranks among top tech hubs in CBRE’s 2024 Tech-30, with rising rents and $1.1B in VC funding, but high vacancies challenge the office market.
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