Office properties commonly net some of the highest property taxes in the nation. In 2021, Manhattan dominated the list of office buildings that paid the most taxes with 82 out of 100 entries.
Setting annual emission standards by building square footage, Local Law 97 requires owners reduce energy usage with energy efficient upgrades.
Nationwide more than 131MSF of new storage space is currently in the pipeline, set to increase the existing 1.6BSF inventory by 9%.
Cambridge, Mass., overtook top destinations in California and New York City to become 2021’s most expensive submarket for office space. The boom experienced by the life sciences sector in recent years has likely contributed to this development, as several high-profile office sales in the Boston metro were tied to life sciences landlords.
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The California office market was white hot up until the pandemic hit. Two years after, office sales activity is slowly building back toward those levels, with some markets closer than others.
Newmark announced it had completed the sale of a 408,000-square-foot office complex in one of Massachusetts’ most prestigious neighborhoods and life sciences hotspots.
Empire State Realty Trust recently announced it had added another tenant to its prestigious roster in one of Connecticut’s most sought-after business parks.
Innovatus Capital Partners, a New York City-based portfolio management firm, recently announced the purchase of…
Real estate tech giant Yardi further expands its growing CRE network with the acquisition & redesign of popular platform 42Floors.com.
We Lend Managing Partner Ruben Izgelov explores the increasingly dynamic build-to-rent single-family market.
The National Hot Rod Association (NHRA) recently listed for sale its headquarters in Glendora, Calif.,…
The USAA has announced it is increasing its Southern U.S. presence, by expanding operations to North Carolina. The firm has signed a lease for office space in Charlotte, at The Square at South End.
Since its launch, CommercialEdge has been making moves to engage in strategic partnerships, all of…
A recent study highlighted the 50 most expensive submarkets for office space, finding that most are concentrated in select markets in California and New York.
National Industrial Broker Roundtable weighs in on the unprecedented activity and future outlook of the industrial market.
Our sister company CommercialEdge is the proud sponsor of the Bisnow Industrial Broker Roundtable, which will take place at 12:30 p.m….
The REIT paid $131 million for its venture partner’s 75% stake in a Raleigh office campus.
REIT CIM Commercial Trust signed a tenant for eight years in one of Austin’s most popular destinations for office space.