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How one office tower had a big, positive impact on Alexandria"s vacancy rate — without a lease

The property is being set up for a conversion to multifamily, but still is available for lease......»»

Category: topSource: bizjournalsMay 15th, 2024

Law firm Bracewell takes two floors at Midtown office tower, filling part of soon-to-be vacant space

The new lease backfills more than 40% of an upcoming vacancy at the 29-story office tower, according to Paramount......»»

Category: topSource: bizjournalsApr 29th, 2021

Block 162 tower in downtown Denver lands first office tenant

Leasing efforts at the nearly complete office tower have been hampered by the coronavirus pandemic, but the development team hopes this first lease is a sign of positive momentum......»»

Category: topSource: bizjournalsMar 19th, 2021

Honolulu office market vacancy rate rises, along with rents

The office sector lost occupied space in nearly every submarket on the island, with Downtown Honolulu being one of the positive exceptions,.....»»

Category: topSource: bizjournalsApr 5th, 2018

Honolulu office building conversion to apartments unlikely to have immediate impact on the market

Commercial real estate experts have been saying that the removal of the 462,072-square-foot building from the Class A inventory downtown would push the vacancy rate below 10 percent, from around 16 percent......»»

Category: topSource: bizjournalsFeb 13th, 2019

Novus Corridor apartment tower opens in Tempe; shipping employer leases nearby office

Residents are moving in at Vero, a seven-story apartment building within the 355-acre mixed-use Novus Innovation Corridor next to ASU in Tempe, while nearby, a shipping company inked a 28,000-square-foot lease......»»

Category: topSource: bizjournals19 hr. 11 min. ago

Cross Ocean, Breakwater Property Partners acquire Tempe office building

Mortenson also has an office on the first floor of the newly built tower and currently is the only tenant. Chandler-based Offerpad is set to be an anchor tenant of the building, inking a deal for a multi-floor lease......»»

Category: topSource: bizjournalsMay 24th, 2024

Tampa insurer cuts rates, citing positive impact of legislative reforms

The cuts are a major reversal from Heritage's aggressive rate hikes over the last two years......»»

Category: topSource: bizjournalsMay 23rd, 2024

GFP Real Estate signs 3 leases at Midtown office tower

With these lease signings, 505 Eighth Ave. is now more than 85% leased......»»

Category: topSource: bizjournalsMay 21st, 2024

How San Ramon’s Bishop Ranch is redefining business success

It’s no secret that the commercial real estate market is under unprecedented pressure, and the Bay Area has been hit harder than just about any other part of the country. San Francisco’s office vacancy rate has risen steadily since the onset.....»»

Category: topSource: bizjournalsApr 26th, 2024

Cisco Systems inks lease downtown, bucking trend of tech firms shedding office space

The size of the lease isn't huge, but it represents welcome positive activity from a tech company in the Central Business District. At the end of this report, check out a list of commercial real estate brokerage firms in the Austin area......»»

Category: topSource: bizjournalsApr 18th, 2024

Mall Vacancy Rate Hits Another Record High

Mall Vacancy Rate Hits Another Record High By Daphne Howland of RetailDive, Summary: Office and retail vacancies are up, driving ren.....»»

Category: smallbizSource: nytApr 9th, 2021

UBS renews lease at downtown office tower

This Swiss employer is choosing to stay put in its namesake tower, according to a statement......»»

Category: topSource: bizjournalsApr 6th, 2021

Private-equity firm grabs two floors at new Park Avenue office tower

The firm signed a 15-year lease to relocate its offices to a new 47-story office tower under construction in Midtown......»»

Category: topSource: bizjournalsMar 22nd, 2021

The Truist bank merger leaves a gaping hole in downtown Tampa"s office market

The merged bank is consolidating in one downtown tower — leaving a major vacancy at a time when Tampa Bay executives have largely paused their real estate searches......»»

Category: topSource: bizjournalsDec 21st, 2020

Parsley Energy paid $2.8M to terminate portion of downtown Austin lease

Cousins Properties, one of Austin's largest office landlords, provided some details on Parsley Energy terminating part of its lease at Colorado Tower as well as updates on other projects in the Texas capital......»»

Category: topSource: bizjournalsMay 4th, 2020

D.C.-area developer pays $35M for downtown tower site

The Nashville developer who sold the site had pursued a 30-story office tower, and secured a lease from Baker Donelson, before plans ultimately fell apart......»»

Category: topSource: bizjournalsApr 1st, 2020

What state officials are telling businesses with confirmed cases of coronavirus

Multiple tenants inside AT&T Tower, Nashville’s most iconic skyscraper, were closed Monday after a worker inside the office building tested positive for COVID-19 — but state officials aren’t necessarily telling businesses to shut their doors.....»»

Category: topSource: bizjournalsMar 10th, 2020

More "moving pieces" for Honolulu"s office market in 2020, report says

The vacancy rate for the market was 10.3% at the end of the fourth quarter, which was unchanged from the third quarter, the report by Hawaii Commercial Real Estate said......»»

Category: topSource: bizjournalsFeb 7th, 2020

Crane Watch: Six major office projects set for completion this year (slideshow)

The last decade saw a massive shift for San Antonio’s office portfolio, with the opening of downtown’s first Class A office tower in decades plus significant growth along Lower Broadway. Vacancy hit its lowest point in the decade in 2018, acco.....»»

Category: topSource: bizjournalsFeb 5th, 2020

UW picks developer for office tower over Seattle light-rail station

The university agreed to grant the developer a ground lease and lease back the office space for about $60 per square foot, including expenses......»»

Category: topSource: bizjournalsJan 23rd, 2020