News

The flexible office space market in the Windy City grew by 958,000-square feet between mid-year 2018 to the end of June 2019.

Currently at 96% occupancy, the buildings are located in a densely populated adult and residential area of Monroe Township, offering very favorable demographics for tenants.

Class A buildings in proximity to NJ Transit train stations remained on the radar screen for office occupiers with space requirements. More than 95.0% of the leases completed during the first half of 2019 were concentrated in Class A buildings.

The Miami City Commission on Thursday will consider these and other projects.

During a recent competitive bidding process, Cushman & Wakefield conducted tours with more than 15 potential buyer groups and received multiple offers for 1 Gatehall Drive.

Incoming president Toby Dodd will assume the post-January 1, 2020, and is expected to develop operational strategies.

The firm has now disposed of all Atlanta-area assets, aligning with its US gateway market strategy.

Loan proceeds will refinance the construction debt on the Financial District property.