Office

“Hyatt's departure presented a once-in-a-generation opportunity to diversify our customer community and welcome a modern array of companies across industries and sectors,” says Greg Tait, senior leasing director for Irvine Company Office Properties' Chicago portfolio.

The partners say the redevelopment plan calls for the office plaza to be converted to medical and “creative” office space that would support lifestyle uses, such as senior housing. Upon completion the project will be called “The Well at Sunset.”

The company also announced plans to establish new sites in Seattle, San Diego and Culver City and expand in cities across the United States including Pittsburgh, New York and Boulder, Colorado over the next three years.

WashReit's Space+ follows DC market trends for flexible leasing options.

The site of the Mitchell Brothers' O'Farrell Theatre is on the market at $10 million or can be leased for a monthly rent of $39,000, but the property is attracting residential developers, says the exclusive broker.

Standout features include Pulaski Skyway panorama photography displays, new indoor pedestrian routes, and refinished lounge areas with an industrial motif.

The gathering of women executives and entrepreneurs was aimed at fostering mutual support and relationship building.

Rising office rents and a strong economy have fueled owner-user demand, but with limited supply, there aren't many options for small businesses to purchase office space.