Office

Features

TerraCap Sells Atlanta Office Portfolio for $46M

John McCurry |

Terracap says the Kennesaw submarket is amongst the strongest performing markets in the Atlanta metro area, boasting a large professional and medical workforce.

News

Construction Begins on $1.75B National Geospatial-Intelligence Agency HQ in St. Louis

John Jordan |

The NorthSide Regeneration is a 1,500-acre mixed-use development led by McKee and his real estate development company M Property Services to revitalize blighted North St. Louis City.

News

High Tech Telcom Firm Signs Lease Deal in Parsippany

John Jordan |

Previously headquartered in Parsippany, the firm’s relocation to 111 Littleton allows the company to streamline operations and increase efficiency for their team’s ability to service existing and new customers, NAI James E. Hanson states.

Sumitomo Corp. Buys Collier Center in Phoenix

Kelsi Maree Borland |

The 24-story property features over 578,000 square feet of rentable space and is 84% occupied.

Research

Portland Demand Exceeds Supply in Office and Industrial Product

Lisa Brown |

Strong rent growth in the industrial sector resulting from limited land supply and a population influx remains a theme, along with a healthy dose of new office construction on the horizon to nudge vacancy back up.

Majestic Realty Co. Buys 30-Acre Loop 202 Land Site

Kelsi Maree Borland |

The developer buys one of the last remaining land sites in the southwest Phoenix submarket.

Features

Rebranded and Renovated Portfolio Fits in with Flight to Quality

Lisa Brown |

The renovations will include upgraded finishes in the building lobbies, enhanced building amenity packages, upgraded common areas, restrooms, elevator cabs, landscaping and a programmable activity lawn.

News

Colliers Named Exclusive Agent for Redeveloped Storied South Philly Campus

John Jordan |

Quartermaster owner Sky Management has partnered with architecture firm Digsau and is currently implementing a host of capital improvements that are expected to be completed by the spring of 2020.

News

Columbia Property Trust Scoops Tribeca Office Property

Mariah Brown |

The vacant office property will undergo renovations to capitalize on its location and size to turn into a Class-A boutique office building.

Features

Vacancies at a 16-Year Low in Sacramento Office Market

Lisa Brown |

The office market posted 197,968 square feet of positive net absorption and brought the year-to-date total to a positive 621,605 square feet, marking the 12th consecutive quarter of positive net absorption.