Fairfax County has 88M SF of leasable office space, the second-largest suburban market in the U.S., and over 23% of it is vacant.
Owner-user sales represent a growing share of office transactions across greater Philadelphia. Nonprofit groups are behind the majority of these purchases.
David Wolfe, managing partner at Skoloff & Wolfe, will speak on acquisitions and financing at Bisnow's New Jersey Office Conference in Holmdel on May 5.
The Douglas Development executive signed a foreclosure affidavit for The Lion Building at 1233 20th St. NW after acquiring the loan last month.
Analytics and digital tools are far more expansive than they were before the pandemic and are influencing how tenants make leasing decisions.
Office leasing activity in Center City Philadelphia tapered off in Q3 despite strong citywide job numbers, according to a report from JLL.
Annie Dean will lead the CBRE x Industrious Building Experiences Lab, which aims to use anonymized worker data to design "delightful places to work."
Distressed sales and maturing loans are fueling momentum as first-time Chicago owners renovate outdated space and use a new capital stack to fund leases.
Some buildings are seeking to capture tenants seeking trophy office space.
NorthMarq provided $93M in construction-to-permanent financing for 1 De Haro St. that included a $56M senior loan and $36M in mezzanine funds.
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