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Home > Appraised Value of Manhattan’s Worldwide Plaza Gets Slashed by $1.4Bln
Pittsburgh Business Times A portfolio of three office buildings totaling 351,000 square feet at the Parkway Center development in Pittsburgh is headed to the auction block through the TenX online platform JLL is overseeing the offering, which...
Boston Business Journal The Boston Red Sox professional baseball team has signed a six-year lease for 100,000 square feet of office space at 1325 Boylston St in Boston The team will occupy the ninth, 10th, and 11th floors within the 13-story...
Boston Business Journal Oxford Properties Group has paid $435 million, or $870/sf, for One Marina Park Drive, a 500,000-square-foot office building in Boston The Toronto real estate investor purchased the 18-story property from an affiliate of...
Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
Commercial Real Estate Direct Staff Report Demand from artificial intelligence and technology companies drove San Francisco’s office vacancy rate lower by 630 basis points from a year earlier to 282% in the second quarter, according to Savills...
The Parkhill City apartment complex, with 538 units in the Jamaica section of Queens, NY, has been reappraised at a value of only $1786 million, or nearly half the $325 million value pegged to it in...
The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
New York Business Journal Terreno Realty has paid $263 million, or $93929/sf, for a 28,000-square-foot industrial building at 659 Court St in Brooklyn, NY The Bellevue, Wash, REIT purchased the property from a company calling itself 659 Court Street...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, which tracks net-effective rents at similar-quality properties While the index was...
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