Judge Approves Bankruptcy Auction For $100M Wynwood Office Project
The Gateway at Wynwood and a neighboring Chase Bank are headed toward bankruptcy auction in June.
The Gateway at Wynwood and a neighboring Chase Bank are headed toward bankruptcy auction in June.
The real estate investor owns 45 acres in Wynwood and 80 buildings downtown.
Douglas Development buys a downtown office building, Skanska's 17xM inks another law firm, an affordable apartment building secures financing, and more.
Bradford Allen Investment Advisors purchased a nearly 40-year-old building in West Palm Beach with renovation plans.
The 14 leading office markets had a combined 20.7M SF under construction at the end of Q1, down from 24.8M SF at the end of Q4, according to Colliers.
Global Net Lease said it had received a letter from the government saying it intended to keep its office for the Internal Revenue Service outside Nashville.
Higher-class office space has consistently been more vacant over the last five years.
Conversions and demolitions now exceed new office construction in Denver, with Mayor Johnston targeting 4M SF — over 10% of downtown’s stock.
DML Capital bought 1800 Bering, a 10-story Class-A office building west of Houston’s Galleria area, from KBS.
GSA moved quickly on deals for ICE, looking for furnished spaces that could be occupied quickly.
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