Office

The company has agreed to acquire a 79% interest and an additional 11% economic interest in the mixed-use asset, for a total value of $246 million.

Research from Green Street shows that the two asset classes lead in both fundamentals and asset value growth.

Experts say it will be another good year, with caveats.

With little precedent for guidance, companies should measure trends through different channels.

SL Green has announced a flurry of deals, while also closing a major lease at yet another building.

The best office candidates for industrial conversion tend to be older suburban assets.

The recovery could also see a drag from continued labor shortages and supply chain issues.

Net proceeds from the sale are $543 million, and the investment has a gain of $425 million.