Office

The firm's capital markets team represented the borrower, Mirae Asset Global Investments, in securing the floating-rate loan for the fully-leased building.

As companies demand flexibility, landlords must adjust.

Current chairman and CEO, Anthony E. Malkin will replace John B. Kessler as the company's president. The role of COO will remain vacant.

Innovative and proactive property management strategies will be critical for office landlords as companies return to workplaces following COVID-19, and a key element will be technology geared toward efficiency and cost savings.

In the months of March, April and May, 634,000 square feet of sublease have been added to the Atlanta office market.

As offices begin to plan for the future, communal spaces—which had been in very high demand before the pandemic—are a big question mark.

The 222,637-square foot condo is owned by the families of Sam Jemal of JJ Operating and James J. Houlihan and members of Houlihan-Parnes Realtors.

Now is the time to have a direct and open line of communication with tenants to help soften potential changes in the future.