Office

Two-thirds (22 of 33) of the submarkets in the metro recorded positive absorption in the fourth quarter with The Woodlands representing the top performer at 602,236 square feet and more leasing to follow.

Still trying to shrink its 1.2 million-square-foot footprint at One World Trade Center, the media company signed subleases with Ennead Architects and Ambac Financial Group.

RFR and SIGNA announced the closing of their purchase of the iconic New York landmark, which they reportedly bought for about $150 million, a small fraction compared to when the building last sold.

Rockefeller Group anticipates fully completing its renovation of the building by the end of the year.

Women in CRE are still a smaller percentage of the workplace population but the female ranks are growing, with NKF recently promoting Liz Hart as the company's first female vice chairman in the Bay Area.

“Rob's strong industry contacts, excellent negotiating skills and long track record provide the credentials for this leadership role on our tenant representation team,” says president Danielle Brunelli.

Confluent factors such as the 22-acre ESCO property sale, the new 60,000-square-foot Redfox Commons creative office development and a possible streetcar expansion make the Northwest District appealing.

Jeffrey Tosello, left, and Meredith Kern, partners at PSG, will continue to run Cresa Lease Administration after the acquisition