Office

As tenants look to expand or relocate and seek a better cost alternative, they're looking outside the CBD for environments with strong internal and external amenities, Westcore's Rob Sistek tells GlobeSt.com.

Spaces Levi's Plaza, which opened earlier this week, offers professionals a 32,000-square-foot business hub built around the concept of shared ideas, entrepreneurialism and innovation.

Jamestown buys a 10-story office and retail building in the Melrose section of the Bronx.

According to the source a MetLife JV is buying a 95% stake in the three-building office complex.

Commercial owners usually have to complete repairs as quickly as possible, before the insurance claim is sorted out, but once the damage has been fixed, it becomes harder to prove the extent of the damage.

High-tax urban locations may lose residents to the suburbs in some parts of the country, write Reis' Victor Calanog and Barbara Byrne Denham in a new white paper.

More than half of Rockspring Property Investment Managers' US$9.3 billion in funds under management is in European retail.

A roundup of recent deals, leases, executive moves, and other news from the past week.