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Forget Class A: The opportunity is with Class B and C office properties

In the $90 billion U.S. office construction sector, Class A and Class A+ properties are the darlings of every major metro market. Owners and developers of these amenity-rich, high-performance buildings are competing to lure top-notch companies willing.....»»

Category: realestateSource: bdcnetworkFeb 11th, 2020

JBG Smith aims to sell another legacy Vornado asset

JBG Smith Properties (NYSE: JBGS) is looking to part ways with yet another legacy office building formerly owned by Vornado Realty Trust. CBRE is marketing Universal North, located at 1875 Connecticut Ave. NW, as a Class B “value-add opportunity of sca.....»»

Category: topSource: bizjournalsApr 2nd, 2019

Two SS&C properties hit the market; a third is under contract

SS&C Technologies Holdings has listed three properties totaling nearly 230,000 square feet of Class A and B office space through JLL......»»

Category: topSource: bizjournalsMar 15th, 2021

Brandywine CEO Jerry Sweeney sees signs of a big year for owners of high-end commercial real estate

"I think everybody who's in our business should be incredibly enthusiastic about what could happen in 2021," said the CEO of the largest landlord of Class A office properties in the Philadelphia region......»»

Category: topSource: bizjournalsJan 23rd, 2021

True North Commercial REIT Reports Q4 2019 and Year End Results

YTD revenue and NOI growth of over 20% and successful execution of urban strategy with Q4 acquisition of 1.1million square feet of high quality, Class "A" office properties /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, M.....»»

Category: earningsSource: benzingaMar 3rd, 2020

Law firm renews 338,000 s/f lease with Boston Properties

Boston Properties, the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announce.....»»

Category: realestateSource: realestateweeklyJan 23rd, 2020

Northwestern Mutal leases 91,000 s/f at Liberty Street

JLL has completed a new transaction for Northwestern Mutual at 200 Liberty Street with building owner Brookfield Properties. The financial security company signed a lease for 91,217 s/f at the Class A, 1.74 million-square-foot office building. The tenant.....»»

Category: realestateSource: realestateweeklyJan 17th, 2020

Piedmont Office Realty Trust Reports Second Quarter 2019 Results

Atlanta, GA, July 31, 2019 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties.....»»

Category: earningsSource: benzingaJul 31st, 2019

KC was runner-up for 900-job Starbucks operation; scarcity of new downtown office space a concern

A lack of new office space in downtown Kansas City may have cost the area a shot at a 900-job opportunity. According to KSHB, Seattle-based Starbucks Corp. was searching for a 100,000-square-foot Class A office to locate a major operation, and Kansa.....»»

Category: topSource: bizjournalsNov 1st, 2018

2 more Chapter 11 bankruptcy filings from Nate Paul"s World Class hit courthouse

The World Class entities are tied to prime real estate properties in East Austin and the Rainey Street district. Many of the properties CEO Nate Paul has attempted to shield in bankruptcy court have ended up in the hands of other real estate investors......»»

Category: topSource: bizjournalsApr 12th, 2024

Goodyear city hall, office development begins construction

The project will bring Class A speculative office to the West Valley, something area advocates have been wanting for years......»»

Category: topSource: bizjournalsApr 24th, 2021

Dallas investor acquires 6th Kansas City-area industrial property

The Class A distribution facility in Olathe sits in a 122-acre park. It joins properties Sealy & Co. owns in several quadrants of the metro area......»»

Category: topSource: bizjournalsApr 23rd, 2021

How developers will transform former jail, administration building into apartments

Two Cincinnati developers are now primed to move forward with the redevelopment of a former office building into class A apartments......»»

Category: topSource: bizjournalsMar 28th, 2021

Piedmont Office Realty Trust Reports First Quarter 2020 Results

Atlanta, GA, April 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office pro.....»»

Category: earningsSource: benzingaApr 29th, 2020

A Defense Department study calls for getting rid of 2 of the US Navy"s aircraft carriers

US Navy/MCS 3rd Class Maxwell Higgins An assessment by the Office of the Secretary of Defense calls for the Navy to cut two of its aircraft carriers among other changes to the fl.....»»

Category: topSource: businessinsiderApr 20th, 2020

John Krasinski hosted a virtual prom featuring live performances from Billie Eilish and the Jonas Brothers, and the class of 2020 loved it

@darcyyyh/ Twitter "The Office" star John Krasinski hosted a v.....»»

Category: topSource: businessinsiderApr 19th, 2020

New office leases expand around Perimeter area

As Dunwoody has grown as a center for live, work, play in metro Atlanta, companies are increasingly making their home in its expanding crop of new and renovated Class A office spaces......»»

Category: topSource: bizjournalsApr 12th, 2020

Allied Properties Real Estate acquires Class I property in Vancouver

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 17th, 2020

Office Deal Finalist: BlackRock, Chick-fil-A sign at 725 Ponce

725 Ponce, the first class A office development on the Atlanta Beltline, drew tenants offering high-paying jobs on a par with denizens of Peachtree Street......»»

Category: topSource: bizjournalsMar 8th, 2020

Syndicator helps finance office acqusition

Feldman Equities and its joint venture partners, Tower Realty Partners and Equity Street announced the acquisition of Sarasota City Center, two Class A office buildings located at 1819 Main St in downtown Sarasota. The buildings total 247,94.....»»

Category: realestateSource: realestateweeklyMar 4th, 2020

World Class prepares to sell first properties out of bankruptcy

World Class has set a March 12 dea.....»»

Category: topSource: bizjournalsFeb 20th, 2020