Thursday, October 1, 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.

Boston Properties announces lease renewal at 599 Lexington Avenue in New York

Boston Properties announces lease renewal at 599 Lexington Avenue in New York

Boston Properties, Inc. announced that Shearman & Sterling, a top global elite law firm, signed a new, 20-year lease for 338,000 square feet...
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...
Grade A vacancy rate falls below 1% in Japan's three major cities

Grade A Office vacancy rate falls below 1% in Japan’s three major cities

According to CBRE's Japan Office Market View Q1 2019 report, Grade A Office vacancy rate falls below 1% in three major cities.
M7 buys office property in Poland

M7 buys office property in Poland

M7 Real Estate, the pan European investor and asset manager, has acquired office property in Katowice, South East Poland on behalf of...

American Assets Trust buys office towers in San Diego

American Assets Trust, Inc. has acquired La Jolla Commons, the two LEED platinum office towers, located in the preeminent University Town Center...
WeWork launches Food Labs in New York City

WeWork launches Food Labs in New York City

WeWork has launched the WeWork Food Labs New York, aiming to provide food-focused entrepreneurs and companies with collaborative and flexible workspace, custom programming,...
Office developments in Poland sold to Globalworth

Office developments in Poland sold to Globalworth

European office investor Globalworth has signed a preliminary sale and purchase agreement with Cavatina Holdings SA to acquire two office developments in...
Griffin Capital Essential Asset REIT sells office building in Simi Valley, California

Griffin Capital Essential Asset REIT sells office building in Simi Valley, California

Company Collects 99% of Contractual Rent During Period Most Impacted by COVID-19 Griffin Capital Essential Asset REIT, Inc. (the...
Safehold closes $180m ground lease in New York City

Safehold closes $180m ground lease in New York City

Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in...
Grade-A office property in Perth sold for A$79M

Grade-A office property in Perth sold for A$79M

EG, Sydney-based real estate fund manager with over A$2.4 billion assets under management, has acquired 2 Mill Street, a Grade-A office property in...

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