Office

The iconic Galleria Office Towers, three class-A office buildings totaling approximately 1.4 million square feet, have sold to Piedmont Office Realty Trust Inc.

While law firms continue to absorb traditional office space, the companies are adopting new workplace strategies.

Anchoring the property will be WeWork and locally-based CA Ventures, which combined will occupy in excess of 120,000 square feet at the more than 172,000-square-foot, 12-story building.

Amberglen Business Center operates in one of the most highly amenitized suburban locations, and offers the scale, quality and location that generated significant interest from many qualified parties.

California has become an attractive office market for several investors and major corporations.

San Rafael-based Sage Energy Consulting principal and CEO Tom Williard recently shared insights about power shut-offs, current energy challenges and renewal energy opportunities in this EXCLUSIVE.

With the struggling office market, landlords are looking for more aggressive teams who think outside the box of traditional brokerage and utilize a multi-faceted approach with a focus on technology.

Creative Science Properties announced last week its intent to change its name to IQHQ, Inc. IQHQ also announced at that time it had successfully completed a $770-million equity raise.