Office

Private equity real estate investment firm Unico Properties LLC has appointed tenant tech provider Equiem to launch its app in three West Coast properties, GlobeSt.com learns in this EXCLUSIVE.

San Francisco continues to be the top-performing tenant and investment market in the United States and office sales volume is on pace to match or surpass the $8.45 billion record established in 2007.

Real estate investment firm Fisher Brothers has leased 93,542 square feet of its Plaza District Tower, dubbed Park Avenue Plaza, to General Atlantic Service Company.

Not long after the firm's IPO delay, Neumann and his advisers motioned to ax the role, the company announced.

National Development and partner Charles River Realty Investors sold the 179,308-square-foot, three- building property, according to commercial brokerage firm Newmark Knight Frank.

The firm marketed 950 L'Enfant Plaza on behalf of the seller, Normandy Real Estate Partners.

CBRE forecasts the national flexible office space will expand to approximately 13% of office space by 2030, reaching up to 600 million square feet. Even in a low-growth scenario, CBRE sees flexible office space claiming up to 6.5% of the market by 2030.

Industrious' Chicago Ogilvie operations at the 1.46-million-square-foot building at 500 West Madison St. will increase from 46,500 square feet to 93,000 square feet, due to what the company states is "overwhelming consumer demand."