Office

Construction has already started on the property transformation being designed by SHoP Architects. Company is earmarking a total of 250,000 square feet of space to the startup market niche.

The property—nearing completion of an 18-month-long, $10 million-dollar capital improvement program—has been enhanced to attract a modern workforce.

The coworking space shows signs of becoming consolidated even as the amount of flexible space continues to grow.

The portfolio was purchased by an institutional investor for $57 million and was encumbered by CMBS debt, but selling it intact circumvented defeasance penalties that would have been triggered by carving up.

Cultivate is a new brokerage firm that will partner with owners and developers to curate a dining experience in office, multifamily and hotel properties.

New workplace strategies and technological advances are contributing to a systemic change in the way oil and gas companies view and leverage real estate, according to JLL's North America Energy Outlook.

The nearly 200-year-old store is focusing on balancing its brick-and-mortar presence with digital channels.

SL Green receives $85 million for the sale of its ownership interest in 724 Fifth Ave. and for related transactions.