Office

DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale.

WASHINGTON, DC--Besides making Golden Triangle better connected, the new technology will help the BID maintain the area, BID Director Leona Agouridis tells GlobeSt.com.

LOS ANGELES—Hollywood and Playa Vista account for 67.1% of new office construction, which illustrates the demand from tenants to be in interesting and innovative spaces.

CHICAGO—The developer has helped transform several of Chicago's industrial neighborhoods into trendy office centers, and plans to go national with projects in Portland, Miami and Nashville.

WASHINGTON, DC--JLL notes that this year more than 1.0 million square feet of federal space is moving into new submarkets agencies are increasingly priced out of buildings in the CBD and East End.

NEW YORK CITY—The real estate services firms were selected by property owners Trinity Church Wall Street and Norges Bank Real Estate Management, and praised by Hines, the asset manager.

ORLANDO—The 2016 presidential election is just weeks away. What does that mean for Central Florida commercial real estate? Where are we now and where are we headed?

EAST RUTHERFORD, NJ—More than 80% of the 1.5 million square feet absorbed in the third quarter was recorded in the state's class A office market as companies sought this high-end space for their operations.