Starwood's LNR Submits Winning $95M Bid For Back Bay Office
LNR Partners oversaw special servicing on the loan for the Park Square office building at 31 St. James Ave. in the Back Bay.
LNR Partners oversaw special servicing on the loan for the Park Square office building at 31 St. James Ave. in the Back Bay.
Institutional investors and private capital pumped $1.27B into 2.5M SF of Class-A office properties in San Francisco in the first three months of the year.
National office availability sits above 22% as tenants pay record rates for space in New York's best buildings, a signal of the deep bifurcation in the sector.
Demand increased by the double digits yearly and quarterly, according to the VTS Office Demand Index.
After numerous attempts to reposition the 442K SF office building at 3000 Post Oak Blvd., its owners plan to hand it over to the lender.
Tenants are moving fast in Houston's office market, changing the way brokers communicate and search for available space.
U.S. office vacancy has been declining, but it's about to stagnate, CoStar said.
Managing financially distressed office buildings means holding properties together with few resources and constantly adapting to shifting environments.
Houston-based commercial property manager Seth Eslami is tired of tearing apart offices. His modular pod solution fits in a box.
The Rubenstein Partners-owned property was refinanced for $127M around the same time HSB inked the lease.
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