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LOS ANGELES—“Many of our leading professionals and clients have been using Floored technology and are very excited about their solutions,” says Chandra Dhandapani, chief digital and technology officer at CBRE.
CHICAGO—The market is likely to see these ups and downs for several years as new office spaces open in the CBD and many tenants vacate their old offices.
LOS ANGELES—Equity plans a major renovation to the 1.3 million-square-foot office portion at the Howard Hughes Center, even after former owner Hines renovated the property in 2014.
NEW YORK CITY—The veteran real estate professional has achieved her high level in the industry with hard work, infectious passion and high hopes, as GlobeSt.com learns in this EXCLUSIVE interview.
UNION, NJ—“No other modern industrial space exists in the immediate area, so the location was highly desired by tenants and investors," says Bridge principal Jeff Milanaik. "The sales price, in excess of $176 per square foot, was well above typical prices for industrial buildings in that market.”
BOSTON—In total, the BPDA approved eight development projects valued at more than $1 billion. In addition, the BPDA Board approved the PLAN, an initiative geared at implementing infrastructure, quality of life and housing improvements in the South Boston Dorchester Avenue region.
HOUSTON—Although the office market has challenges due to the oil downturn, some tenants have found opportunities in the uncertainty, such as a sublease at 717 Texas Ave. in Houston's CBD.
PARIS—The acquisition of Marché Saint Germain is the fifth high-street retail deal that Hines and Universal-Investment have made on behalf of a German pension fund.