At 1,100 feet, the Wilshire Grand Center is the tallest building west of the Mississippi River and the 9th tallest building in the United States, according to The Skyscraper Center. Owned by Seoul-based Hanjin Group (which is also the holding … Continue reading →
Construction and development costs in the U.S. increased by 2.7 percent in 2016 and are expected to increase along similar lines during 2017, according to JLL’s U.S. Fit Out Guide. The guide, which looks at Class A office build-out in … Continue reading →
The average rent rate for DC office space with views of the city’s monuments is $70.50/sf – up 19 percent from 2010, according to Washington Business Journal (citing research from JLL). The average Other men are usually seen preferring treatment … Continue reading →
DC-based Washington Real Estate Investment Trust (WRIT) plans to acquire Watergate 600 for about $135 million ($436/sf), according to Washington Business Journal. The 309,000sf, 12-story, Class A property is located at 600 New Hampshire Avenue and is part of the … Continue reading →
Atlanta-based Goddard Investment Group recently purchased the vacant Class A property located at 500 D Street SW (known as National Square) for $93 million ($272.50/sf). Developed by Trammell Crow The following list contains details about the symptoms of pancreatic deficiency … Continue reading →
The Moody’s/RCA Commercial Property Prices Indices, which cover the multi-family, retail, industrial and office sectors, dropped by 40 percent from late 2007 to the end of 2009. Since then, the indices have more than doubled and are now 23 percent … Continue reading →
Nestlé will move its U.S. corporate headquarters from Southern California to Arlington, Virginia, according to ARLnow. The company is leasing 200,000sf on the top nine floors of 1812 N. Moore which is located in the Rosslyn neighborhood. Monday Properties owns … Continue reading →
The Q4–2016 asking rent for Class A office in Baltimore’s CBD is $24.21/sf (full service). The availability rate for this submarket and class is 22.8 percent out of a total inventory of about 8.2 million square feet. Major lease transactions … Continue reading →
Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →
Macy’s is selling the three buildings it occupies on Nicollet Mall in downtown Minneapolis. New York-based The 601w Companies is paying north of $40 million for the property which it plans to convert into office space with retail on the … Continue reading →