Posts Tagged ‘Office’
Stefan Soloviev Sets a New Manhattan Office Rent Benchmark
Manhattan’s office market just notched a new benchmark…and a sharper dividing line.A lease signed by Stefan Soloviev’s firm at 9 West 57th Street hit $327.50 per square foot, a record for office rents in the borough. The deal, for slightl...
Nonprofit Sets Year-to-Date Los Angeles Office Lease Record
As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County. The North Los Angeles County Regional Center has renewed and expanded its headquarters lease a...
Office tea leaves: lease downtown, default on outskirts and half-price deal in Malibu
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news. ...
Rising Defaults on Office, Data Center Loan
Rising Realty Partners defaulted on a $200 million loan on the West7Center, or what was once called the Garland Center, according to a notice of default and election to sell dated early March. Co-founder and chief executive Chris Rising told Th...
Beitler Commercial Sells Westwood Village Office, Parking Lot
An office building and parking lot near the University of California, Los Angeles campus sold for $38 million.Le Conte Westwood Development, an affiliate of Beitler Commercial Realty Services, sold the 1.2-acre site at 10918–10926 Le Conte Av...
Dennis Friedrich, Ric Clark Buy White Plains Office for $68M
Former Brookfield executives Ric Clark and Dennis Friedrich are back with the second acquisition for their firm, TKF Burnside Real Estate Partners.The company acquired a White Plains office building at 360 Hamilton Avenue, the firm announced la...
The newest trend in L.A. office space: In-house studios for traveling influencers
For the trendiest tenants in Hollywood office buildings, it’s the latest fad that goes way beyond designer furniture and art: mini studiosTo capitalize on the never-ending flow of stars and influencers who come through Los Angeles, a growing...
Manhattan Office Market Scored Big CMBS Deals in October
Lenders poured billions into Manhattan office towers in October, originating almost $4 billion in CMBS debt. Five office towers landed the month’s largest financing deals, led by a pair of trophy towers owned by Brookfield Properties. Both l...
