Office

McCarthy Cook recently acquired Dropbox-anchored Castro Station, a three-building class-A office campus totaling 114,809 square feet in downtown for $179.7 million or $1,565 per square foot.

The lease is among multiple recent deals with various companies showing strong interest in the flexible workspace sector.

The projected construction cost of the project is $75 million. The operating costs of the facility for the first 10 years (2019-2029) is estimated at $184.8 million.

Spaces has leased 110,989 square feet at Tishman Speyer's iconic New York office tower.

Traditional leases alone aren't enough to serve today's corporate occupiers, say the folks of CBRE. Agility in its approach to space serves the tenant (and their employees) best--which means it serves the landlord as well.

The $800-million will be spent over the next seven years to expand its laboratory space, manufacturing capacity and warehouse facilities at the company's Rensselaer County campus.

Circle Towers in Merrifield, Va., are said to be trading for $165 milion.

THOR, a local firm, has just completed a sparkling new HQ, which will also function as a community resource for the once-neglected neighborhood.