Another One: Developer Announces Plans For 750K SF Brickell Office Tower
Key International is planning to replace a 13-story office building with a 50-story tower in one of Miami's most expensive neighborhoods.
Key International is planning to replace a 13-story office building with a 50-story tower in one of Miami's most expensive neighborhoods.
Insignia bought Embassy Row for $34.5M, far less than the $60M loan value.
Tenant rep brokers are finding their jobs both more flexible and more complicated.
Brookfield Asset Management's portfolio include more than 45M SF of office space in five major U.S. cities.
“Existing rent concessions are biggest driver of depressed cash flow,” servicer commentary on the $250M loan says.
Bank of America provides a conversion loan, Washington Property Co. refinances a Rockville office building, Howard opens renovated apartments, and more.
Hibernia has published a sustainability report on a refurbished office building it says may create a road map for Dublin office stock.
DFW ended Q2 with 271 coworking spaces, falling just behind front-runner Los Angeles, which grew by 3% in the quarter to 279 spaces.
Elite Commercial REIT has already identified six assets for conversion to other uses.
Mount Street could have its servicer rating downgraded because of its handling of negotiations with Shorenstein Properties over a 1.1M SF Midtown tower.
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