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Global office commercial real estate market news including Class A, Class B, Class C buildings, occupancy, rent, design, office space and prices.

Hines, NPS JV plans $2.5bn project in San Francisco

Hines, NPS JV plans $2.5bn project in San Francisco

Hines and the National Pension Service of Korea (NPS), a South Korean pension fund, have acquired the historic Pacific Gas & Electric Company (PG&E)...
Google to purchase St. John’s Terminal in Manhattan for $2.1bn

Google to purchase St. John’s Terminal in Manhattan for $2.1bn

Google announced Tuesday it intends to purchase the St. John’s Terminal in Manhattan for $2.1 billion, which will serve as the anchor of its...
Workspace sells prime office property in London for £92m

Workspace sells prime office property in London for £92m

Workspace Group has agreed to sell 13-17 Fitzroy Street, a prime office property in Fitzrovia, London for £92 million. Workspace said the sale...
Hines sells West London office asset to joint venture

Hines sells West London office asset to joint venture

Hines has sold a c. 20,000 sq ft office building in prime Central London, its first London asset, on behalf of Hines European Core Fund...
JLL arranges $468.70m construction loan for office tower development in Bellevue, WA

JLL arranges $468.70m construction loan for office tower development in Bellevue, WA

JLL Capital Markets group has arranged a $468.70 million construction loan for The Artise, a 25-story trophy office tower development in downtown Bellevue, Washington. JLL worked on behalf of...
Aviva Investors signs agreement with Netflix for Longcross Studios in Surrey

Aviva Investors signs agreement with Netflix at Longcross Studios in Surrey

Aviva Investors has signed a long-term agreement with Netflix to operate and expand the extensive film and production facility at the renowned Longcross Studios complex...
Hysan to buy commercial project in Shanghai for RMB3.5bn

Hysan to buy commercial property in Shanghai for RMB3.5bn

Hong Kong-listed property investment company Hysan Development Company Limited (Hysan) will acquire a commercial property project located at Nos. 668 and 688 Xinzha Road...
JLL Income Property Trust buys Virginia medical office building for $52m

JLL Income Property Trust buys Virginia medical office building for $52m

JLL Income Property Trust has acquired 9101 Stony Point Drive, an 87,000-square-foot, world-class, medical office building in Richmond, Virginia for $52 million. This recently constructed,...
Union Investment purchases trophy office building in Paris

Union Investment purchases trophy office building in Paris

Union Investment has purchased an office building at 59 Boulevard Haussmann / 34 rue des Mathurins in downtown Paris in a sale and lease back transaction. The...
M7, Kamco Invest buy four office assets in UK for £120m

M7, Kamco Invest buy four office assets in UK for £120m

Kamco Invest Group and M7 Real Estate have acquired a further four office assets via four separate transactions in central London and key regional...

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