Globest Sectors

The overhaul of the lobby and introduction of amenity floor with food service, conference and social space will anchor a repositioning for Conshohocken's top transit-oriented office property.

Located at 1901 South Ocean Blvd., the project will be located on the land currently occupied by the Wright by the Sea Hotel. The hotel will be demolished at the end of April and construction will begin on Ocean Delray immediately thereafter.

A lifestyle mindset and demand for creative spaces is creating opportunities to revive hospitality spaces.

This year, employers are asking office designers to focus on employee experience, metrics and data analytics and organizational flexibility.

A mega-office sale consisting of 2100 Franklin St., 2101 Webster St. and 1900 Harrison St. near Lake Merritt, along with a parking structure at 2353 Webster St., sell to Starwood for more than $510 million.

GlobeSt.com's sister publication, The Daily Business Review, is reporting that a nationwide putative class action lawsuit claims the National Association of Realtors and four leading broker franchisors of developing practices that stifle competition and allow for hiked commission prices. But the targets of the lawsuit call the allegations "baseless."

A stable and high-performing asset with significant value-add potential, the mall is the nexus of retailing activity in the eastern portion of the Kansas City metro area.

Substantial residential growth as well as strong demographics make Houston well-suited to accommodate the distribution needs of not only the immediate area but surrounding markets as well.