Mass. Department Of Public Health Slashes Boston Office Space
The DPH plans to vacate its 112K SF lease in Downtown Crossing for a 51K SF office near Government Center.
The DPH plans to vacate its 112K SF lease in Downtown Crossing for a 51K SF office near Government Center.
Kairos Investment Management Co. purchased the 1980s-era building at the end of 2023 for athird of its prior sale price.
Elon Musk and DOGE arrived in Washington with a huge splash, but it has since had limited success in its efforts to cut office space.
The property has been called "the best site in Manhattan" by analysts.
Brookfield Properties wants to create a more nimble business segment as it evolves beyond a focus solely on holding assets, according to an internal memo.
The decline was due to large commitments and dwindling new construction.
The venture bought the office building at 175 W. Jackson Blvd. for $41M, 87% less than the $306M Brookfield Asset Management paid for the property in 2018.
Houston's significant pipeline of office conversion projects contributes to the national trend of conversions and demolitions surpassing new construction.
Kawa Capital Management has repeatedly made attempts at taking control of the office REIT.
Los Angeles developer Asher Luzzatto buys Denver Energy Center for $5M, plans office-to-residential conversion as downtown vacancy hits record highs.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.