Category : Office Market

KBS sells NJ suburban office campus for over $300 million

REW January 29, 2020 January 29, 2020

by REWJanuary 29, 2020January 29, 20204097

KBS Real Estate Investment Trust II (KBS REIT II) has sold an office campus in Florham Park, New Jersey for $311 million in the largest New Jersey suburban, multitenant office sale since 2008. The buyer of the seven-building property, Park Avenue at Morris County, is a private New York City...

Events Featured Office Market

Manhattan office market headed for further growth, CBRE says

Sabina Mollot January 15, 2020 January 15, 2020

by Sabina MollotJanuary 15, 2020January 15, 20203943

CBRE projects another strong year for Manhattan office real estate in 2020; highlighted by foriegn investmet inflows, the cities robust transportation amenities and the work, life, play balance of New York City.

Featured Office Market

Sotheby’s says it will relocate to new Upper East Side headquarters

REW January 9, 2019 January 9, 2019

by REWJanuary 9, 2019January 9, 20194360

Sotheby’s International Realty will ready for a relocation of its new expanded corporate headquarters, slated for 650 Madison Avenue according to the firm.

Deals & Dealmakers Featured Office Market

Financial services firm takes full floor off Avon’s hands

REW November 12, 2018 November 12, 2018

by REWNovember 12, 2018November 12, 20183555

Compliance Solutions Strategies subleased 24,650 s/f from Avon in deal brokered by Cushman & Wakefield and Colliers International.

Deals & Dealmakers Office Market

CBRE launches its own flexible, co-working brand

REW November 7, 2018 November 7, 2018

by REWNovember 7, 2018November 7, 20183575

Hana has all the bases covered as global giant edges into flexible sector

Deals & Dealmakers Featured Office Market

Tishman Speyer gets into flexible office game with Studio Private

REW November 6, 2018 November 6, 2018

by REWNovember 6, 2018November 6, 20183574

Tishman Speyer has launched its own flexible platform that can accommodate full-floor leases on a short-term basis to compete with third-party providers.

Office Market Technology

CEOs weigh in on ʻoffice of the futureʼ

REW October 31, 2018 October 31, 2018

by REWOctober 31, 2018October 31, 20184796

CRE leaders shared their perspectives on issues that will impact the “office of the future” during NAIOP New Jersey’s annual CEO Perspective.

Deals & Dealmakers Featured Office Market

Co-working, flexible offices lead charge for Q3 leasing

REW October 17, 2018 October 17, 2018

by REWOctober 17, 2018October 17, 20184193

Recent market reports show no signs of stopping for co-working and flex office companies leasing up Manhattan office space.

Deals & Dealmakers Featured Office Market

WeWork closing the gap in office space race

REW August 23, 2018 August 23, 2018

by REWAugust 23, 2018August 23, 20183187

WeWork is on its way to becoming that largest private office tenant in Manhattan. The co-working behemoth signed a full building 258,344 s/f lease for 368 Ninth Avenue, a 16-story building owned by TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA). It also took 69,679...

Deals & Dealmakers Office Market Property Managers

Marcus Partners pays $54.5M for stake in Midtown South venture

REW August 15, 2018 August 15, 2018

by REWAugust 15, 2018August 15, 20182361

Marcus Partners has purchased a share of two Midtown South office buildings for $54.5 million. The Boston-based investment firm has entered a joint venture with Dalan Management, which owns 10 and 12 East 33rd Street, a pair of 12-story office buildings near the thriving district known as NoMad. The two...