Office

CBRE Report finds that 60% of area firms choose relocation.

The 12-story 950 Nicollet Mall office block was constructed in 2001 and has been held by Union Investment in its open-ended real estate fund Unilmmo Europa since it was acquired in 2014.

While there are a handful of exciting office assets trading in Long Beach, the overall office investment activity has remained flat and likely will remain flat through 2019.

Jeff Schotz has been involved in the leasing of more than 30 million square feet to many of the world's premier corporations, including Microsoft, CBS, Pepsi-Cola, Mutual of New York, JP Morgan Chase, Citicorp, Linde, British Telecom, Newell Brands and Ernst & Young.

Square Mile Capital provided the loan to Rockwood Capital and Midtown Equities to create a complex similar to the Brooklyn development in the Battery Park neighborhood.

The non-profit which assists disabled people is moving from the Hudson Square area to the Lower East Side.