Office

Panelists at GlobeSt. ELITE Woman of Influence conference discuss how they've reached their levels of success, share how the industry has changed and impart advice for women of all levels today.

Colliers states in its report that Class A vacancy in the suburbs also remained flat at 22.0%. However, when considering high quality, trophy assets in the suburban office market, vacancy was considerably lower at 16.5%, dropping 150 basis points from the same time period two years earlier.

Approximately 18 months ago, 901 Fifth Office Tower underwent a transformative multi-million renovation, which was significant in bolstering its competitive position in the local market and attracting a buyer.

Construction has commenced on Summit 3, a 374,220-square-foot 17-story class-A office building fully preleased to an undisclosed tenant, but rumors are swirling that the tenant in question is Amazon.

Steady demand with limited supply and large-scale leasing are anticipated in the two highly desired office districts, according to JLL's office market full report to be released next week.

Following its acquisition of Rose Orchard in 2015, Shorenstein invested significant capital and undertook an expansive renovation which resulted in a full leasing of the property prior to its sale to Drawbridge.