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Supply and demand have both risen, but the price that operators can charge has dropped.
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Oakland’s Planning Commission approved a 12-story, 161K SF office project at 2424 Webster St. that will include 11K SF of ground-floor retail.
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At only 40% leased, Atlantic Capital Properties secured refinancing for its Upper Westside project.
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CoStar compiled a list of the largest speculative office developments under construction in Dallas-Fort Worth.
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Now Highwoods and Brand are seeking financing for the project after obtaining a tax break.
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Piedmont also secured two deals at its Central Perimeter office complex during the past quarter.
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Insignia bought Embassy Row for $34.5M, far less than the $60M loan value.
The Deal Sheet
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