Houston Office 'Rightsizing' Makes DOGE's Termination List, Reflecting Broader Confusion
A small downsize of a federal office lease in Houston reflects greater confusion about thGSA's lease terminations nationally.
A small downsize of a federal office lease in Houston reflects greater confusion about thGSA's lease terminations nationally.
Minnesota-based Onward Investors purchased the 225K SF building a block from the Navy Yard Metro station.
The property was listed as an NFT in 2022 but didn't sell, and the market crashed just weeks later.
Years after an $80M renovation of a former Exxon Mobil office campus, Lincoln Property Co. is trying to sell two of its buildings for at least $4.25M.
Top tenants leaving Kilroy spaces include DirectTV and LinkedIn.
2024 still saw an average tenant improvement allowance of $87.51 per SF and 8.9 months of free rent.
The company will remain "headquarterless" according to local news reports.
Office buildings are finally trading hands in Chicago. Market watchers attribute the uptick to more price discovery and a shrinking bid-ask spread.
Welcome to 1800 M St., a bustling Class-A property in the heart of Washington D.C.'s central business district, providing a more modern office experience.
The sale price works out to more than $500 per SF.
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