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Premier Office commercial real estate news, analysis, trends and information including occupancy, rent, design, office space use and construction deals and players.
CIM Group recently provided a $190 million bridge loan to Taconic Capital Advisors, the owner of International Plaza I and II, a 780,000-square-foot double tower located in the Far North Dallas district.
Pinterest Inc. terminated its office lease for approximately 490,000 square feet to be constructed at 88 Bluxome St. near its current headquarters campus, which involved a one-time payment of $89.5 million.
The second quarter return is a "major reversal" from the negative 1% in the previous quarter and made for the second biggest swing in the past 94 quarters, according to Trepp.
WorkSuites recently launched a "Zoom Room", an additional free private space for clients' kids to study, take online classes or just play on iPads while parents work.