Thursday, April 9, 2020
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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.

Office building in Cardiff sold for £13m

Office building in Cardiff sold for £13m

Delancey, UK-based real estate investment and advisory company, has acquired a Grade A office building in Cardiff for £13 million, reflecting a...
LGIM Real Assets sells Bracknell office property for £32.9m

LGIM Real Assets sells Bracknell office property for £32.9m

LGIM Real Assets has sold Honeywell House, a Grade A office property in Bracknell town centre, to Runnymede Borough Council for £32.9...
Paramount to Sell 10% Interest in 1633 Broadway

Paramount to sell 10% interest in 1633 Broadway

Paramount Group, Inc. (NYSE: PGRE) announced that it has entered into an agreement to sell a 10% interest in 1633 Broadway,...
SoftBank Group Announces End of WeWork Tender Offer Because Closing Conditions Not Met

SoftBank Group announces end of WeWork tender offer because closing conditions not met

SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The...
Columbia Property Trust Completes Sale of Office Park in Suburban Los Angeles

Columbia Property Trust completes sale of office park in suburban Los Angeles

Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has completed the sale of Pasadena Corporate Park, a three-building office complex...
U.S. office market faces uncertain times ahead, says Yardi Matrix

U.S. office market faces uncertain times ahead, says Yardi Matrix

February was the last month of the record long economic recovery before U.S. office workers were largely asked to work from home,...
KBS repositions office campus in San Jose, California

KBS repositions office campus in San Jose, California

-KBS Repositions and Rebrands Five-Building Office Campus in San Jose, CA; Leases 314,710 Square-Feet in Less Than Six Months Post Renovation
Warburg-HIH sells office property in Vienna

Warburg-HIH sells office property in Vienna

Warburg-HIH Invest Real Estate has sold an office property in Vienna in form of a share deal to a real estate fund...
JLL arranges $991.77m financing for U.S commercial property portfolio

JLL arranges $991.77m financing for U.S commercial property portfolio

JLL Capital Markets has arranged $991.77 million in financing for a geographically diverse, 17-commercial property portfolio totaling more than seven million square...
Warsaw office property sold for €98m

Warsaw office property sold for €98m

Skanska has sold Generation Park Z, an office property in Warsaw, Poland to Deka Immobilien for €98 million. Generation...

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