#office-buildings

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New York Post
2 days ago
NYC real estate

A class above: NYC's trophy offices are running out of space

Demand for top office buildings is high, causing a spillover effect to yet-to-be-constructed towers with premium rents. [ more ]
East Bay (California)
www.mercurynews.com
1 month ago
East Bay (California)

Mountain View tech buildings are foreclosed as real estate woes widen

Silicon Valley office buildings seized by lender due to commercial property woes
Foreclosure impacts real estate investors in the Bay Area [ more ]
www.mercurynews.com
3 months ago
East Bay (California)

Housing projects supplant Bay Area offices, stores as tech boom fades

Developers in Silicon Valley are shifting their focus from office buildings to housing units due to the changing economy and a shortage of housing.
Remote work, high office vacancy rates, and low rents are also contributing to the shift in focus towards residential projects. [ more ]
www.mercurynews.com
11 months ago
East Bay (California)

New San Jose office building at Santana Row gets tenant attention

SAN JOSE A new San Jose office building at Santana Row is starting to attract plenty of interest from prospective tenants now that its owner has revamped the property's leasing approach, executives told analysts.Federal Realty Investment Trust, the principal owner and developer of Santana Row, told Wall Street analysts during a conference call this week that a new strategy for the One Santana West office building is showing early signs of success.
www.mercurynews.com
11 months ago
East Bay (California)

Big San Jose office building within tech campus lands city approval

SAN JOSE A big proposed San Jose office building that is the last phase of a huge mixed-use tech campus has won final approval from city officials.The five-story office building, part of the Coleman Highline campus in North San Jose near the city's airport, would total 292,500 square feet once it is constructed, documents on file with municipal planners show.
www.mercurynews.com
1 year ago
East Bay (California)

Apple leases big Sunnyvale building as tech titan widens footprint

SUNNYVALE Apple has leased a big office building in Sunnyvale, a rental deal that hints at a widening of the tech titan's Bay Area footprint.The iPhone maker rented an office building at the corner of West Maude Avenue and North Pastoria Avenue, according to a public document on file with Santa Clara County officials.
www.mercurynews.com
1 year ago
East Bay (California)

Downtown Mountain View real estate deal hints at wobbly office market

MOUNTAIN VIEW An office building real estate deal in downtown Mountain View with a price that's below its prior purchase value hints at a wobbly office market amid widening layoffs in the tech sector.An affiliate that's linked to a unit of banking behemoth JPMorgan Chase has paid $36 million for an office building situated in a prime stretch of downtown Mountain View, according to documents filed on Feb. 15 at the Santa Clara County Recorder's Office.
moreEast Bay (California)
Boston
Boston 25 News
2 months ago
Boston

New report warns of 'economic act of God' threatening Boston

Remote work and high interest rates are putting Boston at risk of losing tax revenue.
A drop in the value of office buildings could lead to a significant shortfall in commercial property taxes. [ more ]
Boston.com
1 year ago
Boston

At bars and restaurants, Thursday is the new Friday

The Boston Globe The pandemic-altered rhythms of work and life mean the once-unremarkable day that predated the weekend is busier than ever.On an October Thursday in Brighton, a dozen chatty patrons sipped Japanese liquor at The Koji Club.Bartenders described the sake - brews with names like Forgotten Fortune or Dragon God - as "ricey and rusty," and a couple complained about their bosses over a plate of curry empanadas.
moreBoston
LA real estate
therealdeal.com
2 months ago
LA real estate

Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital has launched a foreclosure sale for two historic office buildings in Downtown Los Angeles after Livwrk defaulted on a $17.5 million loan.
The two-building property at 800 and 810 Traction Avenue, known as AtTraction, is listed for sale with the price not disclosed.
Livwrk, the New York-based developer, bought the buildings in September 2021 for $19.5 million and planned to overhaul them into Class-A office and lifestyle project. [ more ]
therealdeal.com
3 months ago
LA real estate

How Many Vacant Offices Does Southern California Have?

Office buildings in Southern California have a 20.4% vacancy rate, equivalent to 81 million square feet of empty space.
Los Angeles County has the largest number of empty offices, with 51 million square feet vacant. [ more ]
therealdeal.com
1 year ago
LA real estate

Buchanan Street Pays $28M for Laguna Niguel Office Building

Buchanan Street Partners' Timothy Ballard with 24422 Avenida de la Carlota (Loopnet, Getty, Buchanan Street Partners) Buchanan Street Partners has picked up a 120,300-square-foot office building in Laguna Niguel for $28.1 million.The Newport Beach-based real estate investor bought the four-story Oakbrook Plaza at 24422 Avenida de la Carlota with plans to convert it into a medical building, the Orange County Business Journal reported.
therealdeal.com
1 year ago
LA real estate

Westminster Poised to Redevelop 100-Acre Mall

Westminster Mayor Mayor Tri Ta with Westminster Mall (Tri Ta for Assembly, Google Maps, Getty) Westminster has hatched a plan to turn its 100-acre shopping mall into 3,000 homes and 1.2 million square feet of shops and restaurants.The City Council voted to support a specific plan to guide a makeover of the 48-year-old mall at 1025 Westminster Mall, the Orange County Register reported.
therealdeal.com
1 year ago
LA real estate

LA leads Nation in Apartment Conversions

(llustration by Kevin Cifuentes for The Real Deal with Getty Images) Los Angeles is dumping its office desks for sectional sofas.The nation's second-largest city has led the nation this year in apartment conversions, setting a record for adaptive reuse of other types of buildings, Rentcafe reported, citing data from sister company Yardi Matrix.
therealdeal.com
1 year ago
LA real estate

KBS' Former Auditor Varun Aggarwal Arrested Over $2.6M Theft

Varun Aggarwal and KBS' Charles Schreiber (KBS, LinkedIn) Over a period of 10 years, KBS Realty Advisors' former chief auditor allegedly stole about $2.6 million from the company by creating and submitting fake invoices for work that was never performed, the U.S. Department of Justice announced Monday.
moreLA real estate
Fox Business
5 months ago
Remote teams

NYC restaurant owner sees drastic decrease in business as remote work bruises industry

Restaurateurs are critical of remote work as it impacts their businesses
The shift to remote work could lead to a significant decline in value for office buildings
Customers who still commute to their in-person jobs are not spending as much [ more ]
www.mercurynews.com
1 year ago
Remote teams

Can employers wipe out working from home altogether?

Click here for updates on this story TORONTO (CTV Network)  After Elon Musk unceremoniously laid off roughly 50 percent of Twitter's workforce, he announced this week that he plans to scrap the company's work from anywhere policy and mandate a full-time return to offices for all of its employees.It raises an important question about the future of remote work in North America on the heels of an impending recession and a historic labor shortage, which experts say could ideally put employees in the driver's seat for negotiating their working conditions.
Newsweek
1 year ago
Remote teams

"How can I explain": Internet delights at traveler's work-from-home dilemma

A popular TikTok creator sparked a sea of laughing-crying emojis after every employee's worst work-from-home nightmare suddenly became his reality.
www.nytimes.com
11 months ago
World politics

Fresh From Attack on Russian Soil, Raiders Taunt the Kremlin

Fresh from leading a military incursion into Russian territory, commanders of anti-Kremlin armed groups on Wednesday taunted the Russian Army for its slow response and threatened Moscow with more raids to come.Russia, they told reporters at a news conference in a forest clearing in northern Ukraine near the border, should now understand that any section of the long frontier may become a new place that Moscow will be compelled to defend.
www.nytimes.com
1 year ago
World politics

Russia Unleashes More Drones on Kyiv, Sowing Fear and Bringing Death

KYIV, Ukraine They are slow flying and relatively easy to shoot down, but exploding drones were launched by Russia in such numbers on Monday that they nevertheless spread fear and death across the Ukrainian capital.
www.nytimes.com
1 year ago
World politics

A week after a round of strikes, Kyiv's people take cover again.

KYIV, Ukraine Kyiv was hit by drone strikes on Monday morning, a Ukrainian official said, with two loud explosions echoing through the center of the city, a continuation of the Russian bombardment of Ukrainian cities that intensified last week.
www.nytimes.com
1 year ago
World politics

Ukraine Live Updates: Kyiv Rocked by Explosions From Kamikaze' Drones

An hour and a half after the first round of explosions, more were heard shortly after 8:15 a.m., and a number of air defense shots fired back were audible.
Chicago Tribune
11 months ago
Chicago

Editorial: Threats of violence don't belong in the state Capitol. Sen. Neil Anderson must apologize.

We think the Illinois legislature should have better things to do than spend its time arguing about the gender-based configuration of restrooms in private businesses.Restaurants and office buildings are much better able to figure out how their customers and tenants would like to go to the bathroom and alongside whom.
Chicago Tribune
11 months ago
Chicago

Police: 1 dead, 3 hurt in shooting inside Atlanta building

One person was fatally shot and at least three others injured Wednesday in a shooting in a Midtown Atlanta building, police said.Atlanta police said there had been no additional shots fired since the initial shooting unfolded inside a building on West Peachtree Street, between 12th and 13th Streets, a commercial area with many office buildings and high-rise apartments.
Chicago Tribune
1 year ago
Chicago

Illinois comes in No. 2 on the annual green buildings list, ahead of New York and California

Illinois was the No. 2 state for green building in 2022, second only to Massachusetts, according to an annual ranking released Tuesday by the U.S. Green Building Council.The state was No. 1 in 2021, and has ranked in the top 10 every year since the rankings began in 2010.Illinois is the only state to have topped the list five times, according to U.S. Green Building Council managing director of U.S. market transformation and development Rhiannon Jacobsen.
Chicago Tribune
1 year ago
Chicago

Wicker Park Walgreens housed in former bank is set to close. Last chance for shoppers to visit the Vitamin Vault.

A Wicker Park Walgreens housed in a historic former bank building on Milwaukee Avenue is set to close Jan.31, ending a 10-year run that introduced "vitamin vault" into the Chicago social media lexicon.Walgreens opened the flagship store in 2012 inside the century-old Noel State Bank, which was extensively renovated to accommodate everything from a pharmacy to a juice bar.
Chicago Tribune
1 year ago
Chicago

Bell Works Chicagoland, former AT&T campus in Hoffman Estates, lands more tenants as transformation continues

The owner of Bell Works Chicagoland has taken another step toward revitalizing the massive former AT&T campus in Hoffman Estates.
SFGATE
11 months ago
San Francisco

Uber offloading entire office building in San Francisco

Smith Collection/Gado/Gado via Getty Images Rumors that Uber was abandoning one of its new office buildings in Mission Bay have been circulating since 2021.This week, CoStar News finally confirmed it was true and that the entire building at 1725 Third Street is for lease.This will slash Uber's splashy new San Francisco headquarters by about a third, releasing nearly 300,000 square feet onto the commercial real estate market.
San Francisco Business Times
1 year ago
San Francisco

Investment-grade office sales in the San Francisco metro area have hit a decade-long low - San Francisco Business Times

Just three investment-grade office buildings in the San Francisco, Oakland and San Jose central business districts have traded hands so far this year, another sign of weakness for the beleaguered downtowns.With a week left in 2022, those sales - 300 Grant Ave. and 180 Townsend St. in San Francisco and 300 Frank H. Ogawa Plaza in Oakland - represent total sales volume of $296 million, a fraction of annual pre-pandemic office investment activity, according to data from real estate services firm CBRE.
KRON4
1 year ago
San Francisco

Push to convert empty SF offices into housing

SAN FRANCISCO (KRON) - During the COVID-19 pandemic many companies turned to remote work, and more than two and a half years later, many buildings in San Francisco still remain empty.
www.nytimes.com
11 months ago
US politics

Lawmakers Consider More Security for Offices Following Connolly Staff Attack

The attack on two congressional aides this week at the Fairfax, Va., office of Representative Gerald E. Connolly has prompted members of Congress and their staffs to consider additional safety measures in their workplaces outside of Washington.On Monday, two staff aides were injured and subsequently hospitalized after a bat-wielding man entered Mr. Connolly's district office asking for the congressman and then went on a rampage.
Medium
11 months ago
San Francisco

"Hed VeryThai" review: Rare Isaan Thai platters hidden off a FiDi alley

Since spending two months in Thailand working in orphanages around the country way back as a youth in 1999, the "Land of Smiles" and overwhelming heat has had a piece of my heart.I adore its people and like so many, its incredibly vibrant, often scorchingly spicy food.I've been back to Bangkok in recent years, marveling at the growth of its food and cocktail scenes, while I have warm memories traveling Thai cities like Chiang Rai and regions like the Isaan territory where many of my favorite dishes hail from.
www.mercurynews.com
11 months ago
East Bay (California)

Google moves into two big San Jose buildings within huge tech campus

A sign in a tech complex that Google has named its Brokaw Campus, located on Brokaw Road between North First Street and Bering Drive in north San Jose.SAN JOSE Google has moved into two San Jose buildings that are part of a huge tech campus where the search giant could eventually employ thousands if it fills all the buildings it has leased at that site.
www.nytimes.com
1 year ago
New York City

He Bid $190 Million for the Flatiron Building, Then Didn't Pay Up

The small auction held last week outside a Manhattan courthouse 11 bidders holding white paddles gathered around a plastic folding table seemed like the last-resort liquidation of some foreclosed house or deserted suburban office park.But the property being sold on the courthouse steps was different.
www.mercurynews.com
1 year ago
Silicon Valley food

Google salvages and adapts older parts of downtown San Jose village

Sunlite Bakery Bread Depot building at 145 South Montgomery Street in downtown San Jose, entrance.(Shae Hammond/Bay Area News Group) SAN JOSE Google has pushed ahead with efforts to salvage parts of older buildings as well as rescue complete historic structures that are within the footprint of the search giant's downtown San Jose transit village.
www.mercurynews.com
1 year ago
East Bay (California)

Google demolishes and rescues parts of old downtown San Jose bakery

Gateway section near Water Company Building within Google's Downtown West transit-oriented neighborhood in downtown San Jose, concept.SAN JOSE  Google construction crews have begun in earnest the demolition and salvage of parts of an old downtown San Jose bakery building that's in the footprint of the tech titan's future transit village.
www.mercurynews.com
1 year ago
East Bay (California)

Big downtown San Jose housing project could add hundreds of units

SAN JOSE  A big residential development that could bring hundreds of units to downtown San Jose  including a few affordable apartments  is headed for a crucial city decision.The project would be built near the southeast corner of West San Carlos Street and Josefa Street in San Jose, a short distance from the footprint of Google's transit-oriented proposed neighborhood, which is known as Downtown West.
Chicago Tribune
11 months ago
Chicago

Molson Coors inks lease deal in BMO Tower as picture brightens for newest West Loop buildings

Brewing company Molson Coors signed a deal to lease several floors in BMO Tower at 320 S. Canal St., one of the West Loop's newest skyscrapers, and move its headquarters next summer from 250 S. Wacker Drive.The move could signal a rise in downtown leasing as more workers return to the office and companies seek out buildings with the best amenities.
Los Angeles Times
1 year ago
Los Angeles

Opinion: If you think the earthquake damage you see in Turkey can't happen here, think again

The images from Turkey and Syria in the last week show us just how devastating a major earthquake can be.When the magnitude 7.8 earthquake we expect on the San Andreas fault happens, we will also see death and destruction, perhaps not as extensive as seen in Turkey, but much worse than most people expect.
www.mercurynews.com
1 year ago
East Bay (California)

Google starts San Jose village excavation and interior building tasks

SAN JOSE Construction crews have begun the initial stages of their months-long task to demolish buildings and clear sites for phase one of Google's game-changing downtown San Jose transit village.
therealdeal.com
1 year ago
LA real estate

Office Subleases Pile Up in Los Angeles as Tenants Rethink Needs

(Photo-illustration by Steven Dilakian) Two and a half years into the pandemic, Los Angeles leasing brokers say they have yet to see a meaningful shift in the city's office market.
www.nytimes.com
11 months ago
New York City

New York City Will Finally Turn a Hotel Into Housing

The halting effort to transform struggling New York City hotels into much-needed affordable housing appears to be moving forward, at long last: An airport hotel in Queens is set to be turned into a housing development with more than 300 units.The project, made public by developers on Wednesday, is the first under a 2021 state program designed to capitalize on the dip in tourism during the pandemic by making hotel conversions easier and cheaper.
www.amny.com
1 year ago
Brooklyn

Op-Ed | Thinking outside the box on affordable housing | amNewYork

Last year, we declared that New York City would lead the way on housing in America.Our city must remain a place where everyday New Yorkers can find and afford a place to live.We have set a moonshot goal of building 500,000 new homes for New Yorkers over the next decadeand to achieve this goal we must fight for new housing, new zoning, and innovation.
www.mercurynews.com
1 year ago
East Bay real estate

California has nearly 100 new housing laws. Are they fixing the affordability crisis?

Facing a massive affordable-housing crisis pushing Californians out of their hometowns and some onto the street, state legislators passed law after law to boost housing production.Now, Sacramento is asking itself the million-dollar question: Is it working?The answer: not as quickly as anyone hoped.Nearly 100 housing bills have been signed into law since 2016 as legislators, in the midst of intense pushback from some growth-resistant city officials and residents, made supercharging the state's housing supply a top priority.
Chicago Tribune
1 year ago
Chicago

City rolls out plan to revive LaSalle Street corridor by developing 1,000 new apartments, including affordable units

Mayor Lori Lightfoot unveiled a plan Monday to revive the LaSalle Street corridor, a key downtown office district that suffered the double whammy of COVID-19 and the loss of several large firms to new towers rising farther west along Wacker Drive and in Fulton Market.
East Bay Times
1 year ago
East Bay (California)

Big San Jose village adds affordable homes and hotel, scraps offices

SAN JOSE - A big village proposed for a prime San Jose site is slated to add affordable housing and scrap its offices, according to revised plans that are in the final stages of the city approval process.
The Real Deal Los Angeles
1 year ago
LA real estate

Historic Saks Fifth Avenue Complex in Beverly Hills Eyed For Redevelopment

The historic Saks Fifth Avenue in Beverly Hills is heading down the boulevard.
www.amny.com
11 months ago
Brooklyn

Mayor threatens high-end property owners who fail to pay their water bills with shut-offs | amNewYork

The city Department of Environmental Protection (DEP) is threatening to shut-off the water to commercial buildings and private homes where the owners have failed to pay the city millions in water bills, Mayor Eric Adams and DEP Commissioner Rohit Aggarwala announced on Monday.DEP started the process on May, 1, by distributing water shut-off notices to the owner of a commercial building as well as to the owners of two mega mansions who collectively owe the city more than $500,000.
San Jose Spotlight
1 year ago
San Francisco

Empty San Jose offices could convert to housing - San Jose Spotlight

As major cities like San Jose and San Francisco struggle with emptied out downtowns after the pandemic pushed huge swaths of people to remote work, discussion of converting empty offices to housing is gaining traction.The Office to Housing Conversion Act, or AB 1532, would allow certain office buildings to be converted to housing across the state.
East Bay Times
1 year ago
East Bay (California)

Choice Sunnyvale site is grabbed by veteran Bay Area developer

SUNNYVALE - A Sunnyvale site ripe for redevelopment and located in one of Silicon Valley's hot spots has been bought by a veteran real estate firm.
The Real Deal Los Angeles
1 year ago
LA real estate

Harbor Associates Pulls Out of Deal to Buy Union Bank Plaza for $165M

KBS Real Estate's latest effort to sell the Union Bank Plaza in Downtown L.A. has fizzled, the second deal for the office tower to fall through in the past five years.
East Bay Times
1 year ago
East Bay (California)

Prime site in downtown Oakland's Uptown area is bought by big developer

OAKLAND - A prime location in downtown Oakland's hip and trendy Uptown district has been bought by an experienced and savvy real estate developer, public documents show.
Secret London
11 months ago
London

The Hidden Roman Wall In London That Dates Back To 200AD The London Wall

Before London was London, it was in fact named Londinium and the thriving trading capital of Roman Britain.Hidden among high-rise office towers and tourist attractions are the remains of Londinium's fortification wall that once defined the city.The London Wall stretched for two miles around the city, from what we now know as Blackfriars to Tower Hill.
Secret London
1 year ago
London

These London Skyscrapers Could Have Their Lights Switched Off At Night To Save Energy

When you gaze at London's skyline in the post-sunset hours, perhaps from one of the many of the capital's rooftop bars, it's hard not to be struck by the sea of light and colour that meets the eye.But one day in the future, it all could look a little different.New proposals by the City Of London Corporation could mean that some of London's skyscrapers could be required to switch off or dim their lights overnight to save energy.
Independent
1 year ago
Coronavirus

Taiwan drops indoor mask mandate in restaurants and offices

Taiwan says people no longer have to wear masks at all times indoors - though some anti-Covid restrictions will stay in place.hree years into the global pandemic, people will still be required to wear masks in places like hospitals and medical institutions, as well as on public transport, the country's Central Epidemic Command Centre said on Monday.
New York Daily News
1 year ago
Coronavirus

China announces first COVID-19 death in 6 months

BEIJING - China on Sunday announced its first new death from COVID-19 in nearly half a year as strict new measures are imposed in Beijing and across the country to ward against new outbreaks.The death of the 87-year-old Beijing man was the first reported by the National Health Commission since May 26, bringing the total death toll to 5,227.
Streetsblog San Francisco
1 year ago
SF politics

Today's Headlines

Major Changes for Muni 29 Sunset (SFExaminer)
BART's Homeless Crisis (SFStandard)
Funds to Study Removing 980 (CBSLocal)
High Speed Rail Meets U.S. Transportation Needs (GovTech)
More on Andrew Fremier's Appointment at MTC (MarinIJ)
How Many Office Workers Were Lost in Downtown S.F.? (SFChron)
Oakland Joins S.F. in Putting up Barriers to Stop Sex Workers (CBSLocal)
Oakland Sideshows Continue (SFChron)
Office Buildings that Could Become Housing (SFChron)
Questions on Ending Remote Public Comment in San Francisco (48Hills)
S.F.
www.mercurynews.com
1 year ago
East Bay (California)

Kaiser will shift more than 1,000 Oakland workers to Pleasanton campus

OAKLAND Kaiser Permanente has sketched out plans to relocate more than 1,000 workers from Oakland to the health care provider's big campus in Pleasanton as part of a recalibration of its administrative operations.The move portends a fresh blow to Oakland's economy as the city attempts to recuperate from the effects of the coronavirus pandemic.
Los Angeles Times
1 year ago
Los Angeles

What's the deal with Burbank's gigantic castles? We have answers

At least eight turrets.Stained glass windows around a medieval-looking door.Sneering stone gargoyles.These fantastical features could all be found gracing the exterior of 3320 N. San Fernando Blvd.Hop into Google Maps Street View and see it for yourself.A second castle - strikingly similar in style - is just around the corner on Lima Street.
Los Angeles Times
1 year ago
Los Angeles

California lawmakers make a deal on livable wages and affordable housing in two bills sent to Newsom

Days after they reached a rare deal between affordable housing advocates and labor unions, California lawmakers on Monday approved two significant bills that would guarantee livable wages on projects to convert underutilized commercial buildings into housing.
Glamsham
1 year ago
San Francisco

Meta, Microsoft Vacating Offices In Seattle Amid Remote Work, Layoffs | Glamsham

San Francisco, Jan 15 (IANS) As office rentals drop significantly in the city of San Francisco amid remote work and massive layoffs, Meta (formerly Facebook) and Microsoft are now vacating office buildings in Seattle and Bellevue in Washington State.The Seattle Times reported that Meta is reviewing "leases for Seattle-area office buildings."
www.mercurynews.com
1 year ago
East Bay (California)

San Jose office project near Santana Row seeks big tech tenant

SAN JOSE  The owner of a big office building near San Jose's iconic Santana Row remains optimistic about the property's prospects despite still seeking the structure's first tenants.One Santana West, perched on a prominent spot across the street from Santana Row, has yet to entice its first tenant, but there's room for optimism, real estate executives recently told Wall Street analysts during a conference call.
www.mercurynews.com
1 year ago
East Bay (California)

Tech companies agree to big leases in north San Jose office buildings

SAN JOSE  Two tech companies have signed leases for big office buildings in north San Jose, providing a counterpoint to uncertainties over a return to the workplace in the Bay Area.Comet Technologies and Gener8, in separate transactions, have leased large office and research buildings that are part of the Montague Crossing tech campus at the corner of East Trimble Road and Junction Avenue in San Jose, according to public documents and Cushman & Wakefield commercial real estate brokers.
ZDNET
1 year ago
Remote teams

Workers around the world are fond of hybrid work. Is it a threat to the property market?

Hybrid work is becoming the new norm in the workplace, a new survey from Advanced Workplace Associates (AWA) confirms.
East Bay Times
1 year ago
East Bay (California)

South Bay, Peninsula office markets are far stronger than San Francisco

SAN JOSE - The office markets in the South Bay and San Mateo County are looking far stronger than San Francisco's office sector, new reports from commercial real estate firm Colliers show.
The Real Deal Los Angeles
1 year ago
LA real estate

LA-based CommonWealth Partners Buys Meta Campus In Sunnyvale For $700M

A Los Angeles-based investor has paid $707 million for a Silicon Valley campus that's fully leased to Facebook parent Meta Platforms.
Dezeen
1 year ago
Design

Fifteen up-and-coming Copenhagen architecture studios you should know

As Copenhagen celebrates becoming UNESCO-UIA World Capital of Architecture for 2023, we have compiled 15 young architecture studios based in the city doing especially interesting and innovative work.Closely associated with household names like Bjarke Ingels, Henning Larsen and Arne Jacobsen, the Danish capital is well known for its architectural pedigree.
Dezeen
1 year ago
Design

Aurelien Chen retains references to China's "Red Era" in renovated cultural centre

Architect Aurelien Chen has transformed a former miners' canteen in Handan, China, into a multipurpose cultural centre featuring interventions that respond to the building's communist heritage.The canteen was built in the 1970s to serve workers at the Jinxing coal mine in China's Hebei Province.It is surrounded by office buildings dating back to 1912 that were built by German architects and feature a distinctly Western aesthetic.
Dezeen
1 year ago
Design

Ukrainian studio Bogdanova Bureau's Kyiv office damaged in missile attack

Kyiv architecture studio Bogdanova Bureau has vowed to make its office "even more beautiful than before" after it was damaged in a Russian missile attack.
Eater LA
1 year ago
LA food

Forget Rodeo Drive, This Casual Beverly Hills Restaurant Is Priced Just Right

The famous Beverly Hills Golden Triangle - the three-sided street grid comprised of Rodeo Drive, Canon Drive, and Wilshire - is home to restaurants like Mírame and Avra along with upscale hotel dining and corporate chains like the Cheesecake Factory.Now there's also a casual, independent newcomer named the Beverly Bar in the area that's eager to step into the fray to attract those who work or live within walking distance while in need of cocktails, on-tap beers, crudo, Neapolitan-style pizza, or grilled branzino.
www.mercurynews.com
1 year ago
East Bay (California)

Oakland-area office vacancies rise at year's end so do rents

OAKLAND Office vacancy levels are rising in the Oakland area, but rents are also on the uptick as the real estate market confronts uncertainties over a wobbly economy, high prices and rising interest rates.The Oakland-area office vacancy rate was 18.6% during the October-through-December fourth quarter of 2022, according to a new report from CBRE, a commercial real estate firm.
www.mercurynews.com
1 year ago
East Bay (California)

Palo Alto leaders urge Stanford to pay more in taxes, build new housing

STANFORD  Palo Alto leaders on Monday urged Stanford and Santa Clara County to consider the city's needs as the three draw up a new community plan for the sprawling university that addresses housing and transportation issues.During a study session on a new proposed community plan Monday  based in part on two previous plans crafted in 1985 and 2000  Palo Alto city council members urged Stanford University to pay more of its fair share in property taxes, deal with transportation issues plaguing the area and commit to building housing for students before expanding academic buildings.
Boston Condos For Sale Ford Realty
1 year ago
Boston real estate

Boston Real Estate Market To The Fed: Back Off Boston Condos For Sale Ford Realty

Clockwise from left: Miki Naftali, Josh Zegen and Matt Salem (Photo-illustration by Kevin Rebong/The Real Deal)
When the Fed's no longer a friend.The recent rising interest rates force lenders and Boston condo brokers to the sidelines.Two years ago, the Federal Reserve was purchasing billions in mortgage-backed securities, reducing the rate it charged banks for loans and relaxing regulations on banks.
Boston.com
1 year ago
Boston real estate

'A 24-hour neighborhood': Wu outlines plans to bring downtown back to life

Local The city is rolling out a lengthy plan aimed at boosting a beleaguered downtown, though concrete steps remain a work in progress.Mayor Michelle Wu will unveil a plan Thursday to revive a downtown hammered by the pandemic by making it less reliant on office workers, with ideas that include helping convert office buildings to housing, encouraging a wider variety of retail uses, and turning some city streets into pedestrian ways.
www.mercurynews.com
1 year ago
Silicon Valley real estate

Three big downtown San Jose projects advance, adding hundreds of homes

SAN JOSE  Three big downtown San Jose projects have gained final city approval in a decision that allows more than 900 homes and hundreds of thousands of square feet of offices to be built.The City Council has approved the Icon/Echo office and residential towers complex, the Bo Town residential tower and the SuZaCo office and retail project.
Brooklyn Paper
1 year ago
Brooklyn

Dekalb Market Hall searching for local, family-owned food vendors to fill openings * Brooklyn Paper

DeKalb Market Hall, one of the city's largest food halls that hosts over 35 local businesses including the iconic New York staple Katz's Deli is looking for mom and pop-run restaurants to take over vacant stands.The neon-lit 60,000 square-foot food hall opened in the basement of City Point BKLYN in 2017, offering a wide selection of international cuisine.
Washington Post
1 year ago
Europe news

Ukraine live briefing: Most Ukrainians want to fight until victory, poll shows; Russian jet crash death toll rises to 13

About 70 percent of Ukrainians are determined to keep fighting until their country wins the war against Russia, according to a Gallup poll conducted in early September amid strong Ukrainian counteroffensives retaking swaths of land in the country's south and east.
The Berlin Spectator
1 year ago
Germany news

Berlin: Will the Mask Return to Supermarkets and Public Buildings?

Berlin, October 12th, 2022 (The Berlin Spectator) - Health Senator Ulrike Grote is worried about Corona.
www.mercurynews.com
1 year ago
East Bay (California)

South Bay office vacancy stays over 10%, but one big deal buoys sector

SAN JOSE The vacancy rate for the South Bay office market remained stuck in double digits during the third quarter of 2022, but a tech powerhouse's huge rental deal helped to buoy the commercial real estate sector.
East Bay Times
1 year ago
East Bay (California)

Santa Clara County housing agency sells San Jose building at a loss

SAN JOSE - A Santa Clara County housing agency has sold an office building at a choice north San Jose site - at a loss from what it paid just two years ago.
Nytimes
1 year ago
New York City

Ghosts of New York's Glamorous Past Haunt an Empty Pub

A bar from the Stork Club, once a gathering spot for Grace Kelly, Ernest Hemingway, Elizabeth Taylor and Marilyn Monroe, collects dust in a downtown tavern that went out of business.
East Bay Times
1 year ago
East Bay (California)

$400 million-plus in two weeks: Four Peninsula office hubs are bought

SAN CARLOS - Two groups of real estate investors have bought four office hubs in San Mateo County in recent weeks, paying well over $400 million for the properties, a survey of public records shows.
The Real Deal Los Angeles
1 year ago
LA real estate

Neighborhood Council Backs Hackman's Television City Project

Hackman Capital Partners scored a small victory on Tuesday, securing the endorsement of an L.A. neighborhood council for its proposed billion-dollar Television City project.
East Bay Times
1 year ago
East Bay (California)

Tech titan reaches sublease deal for big chunk of San Jose offices

SAN JOSE - A tech giant has struck a deal to sublease a big chunk of San Jose office space in a deal that, if the company expands into the new space, would represent a big economic win for the Bay Area's largest city.
The Real Deal Los Angeles
1 year ago
LA real estate

A.J. Khair Eyes West Hollywood for Hotel-Housing Complex

A local developer aims to build a mixed-use hotel and apartment complex in West Hollywood.
The Real Deal Los Angeles
1 year ago
LA real estate

Black-led film studios planned for South Los Angeles

A Beverly Hills developer aims to build 130,000 square feet of mixed-use soundstages and offices in Baldwin Hills/Crenshaw to amplify Black voices in the entertainment industry.
East Bay Times
1 year ago
East Bay (California)

Multiple building demolitions loom in downtown San Jose Google village footprint

SAN JOSE - A construction giant has alerted residents that at least three downtown San Jose buildings may be bulldozed, potentially within weeks, as the early stages of Google's transit-oriented neighborhood take shape.
KQED
1 year ago
California

Last Days at the Radisson: As State Shelter Program Shutters, Formerly Unhoused Residents in Oakland Brace for Next Steps | KQED

Almost two-thirds of the 2,100 people who've left Project Roomkey in Alameda County have gone on to permanent housing, compared to less than 30% of those coming out of emergency shelters.
The Real Deal Los Angeles
1 year ago
LA real estate

Bolour picks up 33K sf office building in Hollywood for $14M

A Beverly Hills investor has paid $13.7 million for a two-story, mixed-use office building in Hollywood.
East Bay Times
1 year ago
East Bay (California)

Menlo Park office building is bought by big Bay Area developer

MENLO PARK - A half-century-old office building in the choice Silicon Valley tech and venture capital hub of Menlo Park has been bought by a veteran Bay Area real estate firm for a hefty price.
kvue.com
1 year ago
Austin

Downtown Austin's population popped 79 percent from 2010 to 2020, report says

The numbers are based on a report from the Downtown Austin Alliance.
CULTUREMAP AUSTIN - A new report demonstrates that Downtown Austin isn't just for workers, tourists, partiers, and diners anymore.
Portland Mercury
1 year ago
Portland

Good Morning, News: 360-Degree Films Featured at OMSI, Shooting at Tulsa Hospital, and It's Officially Bike Summer

The Mercury provides news and fun every single day-but your help is essential.
East Bay Times
1 year ago
East Bay (California)

$100 million-plus, two days: Prime South San Francisco sites are bought

SOUTH SAN FRANCISCO - The biotech and tech hotbeds of South San Francisco continue to entice real estate investors, with buyers purchasing sites in prime locations for more than a combined $100 million in just two days.
East Bay Times
1 year ago
East Bay (California)

New San Jose project of 500-plus homes would create two big housing towers

SAN JOSE - A residential development of more than 500 homes proposed for a San Jose surface parking lot would consist of two housing highrises that would tower over the office buildings in the vicinity, new plans show.
CBC
1 year ago
Toronto

18 Toronto office buildings to be retrofitted to net-zero carbon emissions standards | CBC News

Real estate company Dream and the Canada Infrastructure Bank launched a net-zero retrofit initiative on Thursday, involving 18 office buildings in Toronto and one in Saskatoon.
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