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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.

London office property sold for £168.4m

London office property sold for £169.4m

Barings has sold Nexus Place at 25 Farringdon Street, an office property in London, on behalf of institutional investors, to Brookfield for £169.4 million. The...
Facebook signs lease for office space in New York City's Hudson Yards

Facebook signs lease for office space in New York City’s Hudson Yards

Facebook has signed a lease for more than 1.5 million square feet of office space across 30 floors and three buildings in New York...
WeWork announces SoftBank deal, Adam Neumann to become board observer

WeWork announces SoftBank deal, Adam Neumann to become board observer

SoftBank Group Corp. and WeWork’s parent organization The We Company announced an agreement under which SoftBank commits to provide significant funding to WeWork. The agreement includes...
Boston Properties, CPPIB JV to develop Class A office campus in San Jose

Boston Properties, CPPIB JV to develop Class A office campus in San Jose

Boston Properties, Inc. and Canada Pension Plan Investment Board (CPPIB) have formed a joint venture to develop Platform 16, a 1.1 million square foot Class A...
Grade A office tower in Adelaide sold to Singaporean REIT

Grade A office tower in Adelaide sold to Singaporean REIT

Soilbuild Business Space REIT (“Soilbuild REIT”), a Singapore and Australia-focused real estate investment trust, has acquired 25 Grenfell Street, an iconic multi-tenanted freehold Grade...

Blackstone’s EQ Office acquires two office buildings for $1.2bn in Seattle

Blackstone's EQ Office, the U.S. office portfolio operating company, has acquired two office buildings in Seattle, U.S. Bank Centre and 999 Third Avenue, for reportedly...
Google buys The Milk Building from Jamestown in Chelsea

Google buys The Milk Building from Jamestown in Chelsea

Jamestown finalized the sale of The Milk Building, located at 450 W. 14th Street, to Google earlier today. The building is an eight-story, 325,000...
office building in Munich

CLS Holdings acquires multi-let office building in Munich

CLS announced that it has acquired PURO, a multi-let office building in Munich, for €32.0 million excluding costs. The purchase price reflects a net...
Melbourne office market

Colliers predicts record sales in Melbourne office market

According to Colliers International forecast, Melbourne metropolitan office market will hit another record in 2019. About AUD1.08billion worth of officer sales were recorded in...
Class A office campus in Silicon Valley sold for $276m

Class A office campus in Silicon Valley sold for $276m

A joint venture between Northridge Capital, LLC, the Washington, D.C.-based real estate investment and asset management firm, and Kamco Invest, the Kuwait-based asset management and investment...

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