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In our chat with Toby Scrivner, senior director of Stan Johnson Co., we learn more about how pricing differs when comparing portfolios versus single-asset transactions for the same tenant and more.
While pricing continue to climb past peak levels, a strong economy, population growth and a healthy opportunity index score makes them a top investment market.
Carrying occupancy growth into the first quarter, nine new office leases totaling 212,355 square feet have been inked recently at Bishop Ranch, with the majority from firms moving from other Bay Area markets.
Construction financing has been secured for River South, a 350,000-square-foot office building, which consists of a $122.94 million floating rate with a term of five years with one 12-month extension option.
Following the headquarters lease by Direct Energy, the largest footprint at 2 Houston Center to date at 105,578 square feet, Gensler announced it will also take two floors in its Houston office relocation.