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Commerce Plaza was one of the assets Blackstone acquired in its blockbuster purchase of the GE Real Estate portfolio last year.
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Less liquidity in the market is expected to spur an uptick in defaults and foreclosures for the already-beleaguered asset class.
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Noam Ron and Evan Papanastasiou acquired a 151K SF office building in the Financial District for $23.7M.
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Several Sun Belt cities could have San Francisco and Silicon Valley beat this decade.
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The pandemic didn't affect every asset class in the same way, and REITs across sectors recovered in the fall at different paces.
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Leading architects at WDG, Hickok Cole, Fox Architects and Baskervill say D.C. is entering a new phase with more visually appealing office building exteriors.
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Houston-based Welcome Group secures up to $300M for growth capital from an investment fund managed by Almanac Realty Investors.
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This week in Houston real estate news, the Katy area sees an apartment trade, an office building sale and a luxury garage condo development.
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OA is now focused on acquiring office properties that displayed leasing resilience during the pandemic.
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