Office

Marathon Asset Management provided the floating-rate loan for the new boutique office building in Midtown South.

Paramount has entered into an agreement to acquire 55 Second St., a 387,000-square-foot trophy office building located in San Francisco's South Financial District, for approximately $408 million or $1,054 PSF.

The report also noted that 15,700 potential jobs and $1.08 billion potential earnings were lost due to lost productivity, which Econsult noted amounted to four Comcast Towers worth of unrealized workers.

If approved by the Port Authority Board of Commissioners, project funding would increase from $300 million to keep the existing AirTrain Newark in a state of good repair to a total of $2.05 billon for the new project. The proposal targets a start to construction in late 2020 or early 2021.

Kevin Rude takes the reigns of Colliers International West Coast property management as more and more investors expand throughout the region.

The tech giant signed a lease for office space at 333 Dexter, a 660,000-square-foot development in the South Lake Union neighborhood being built by Kilroy Realty Corp.