Office

Select tertiary markets are driving the economic expansion and will likely continue to do so for the balance of this year and well into 2019.

Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.

Kushner Cos. sells a 100% leasehold interest to Brookfield and buys the 49.5% stake from Vornado in its debt-saddled Midtown tower.

“1500 Quail represents a rare opportunity to acquire a Class A office tower in Newport Beach at an attractive basis."

Genpact, a global professional services firm headquartered in New York City, in a statement confirmed published reports of the lease deal with SUS Holdings, LLC, an affiliate of Susquehanna Holdings.

The purchase of 313-331 Bond St. calculated out to approximately $330-per-buildable-square-foot.

Mega-office builds are giving way to mega-leases in preleased agreements with tech giants, by and large, resulting in nearly complete absorption in the city as new development is often decades away.

Investors are finding limited office investment opportunities in San Diego with high barriers to entry.