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Mack-Cali Realty Corporation (NYSE: CLI) has sold the Wyndham Worldwide Corporate Headquarters building at 22 Sylvan Way in Parsippany, NJ to Griffin Capital Corp. for $96.6 million, or about $387 per square foot. In addition to the sales price, Griffin is assuming responsibility of roughly $7 million in future tenant improvement and commission...
The U.S. office recovery continued to hum quietly along in the first quarter, absent any dramatic surges or spikes. As a result of the measured pace of increasing tenant demand, the national office vacancy...
Bankers appear to be of two minds when it comes to the hot multifamily market. Many are lending aggressively while demand is strong, while some say they are starting to back off a little because of the...
In a second major lease agreement by a tech firm in downtown San Francisco in as many weeks, career-focused social networking service LinkedIn (Nasdaq: LNKD) agreed to take the entire 26-story office tower...
When it comes to government efficiency and sustainability, the U.S. General Service Administration is working diligently to upgrade the federal government's office space and reduce its carbon and real...
Farmers Insurance, the insurance firm founded in Los Angeles in 1928 and sponsor of the ubiquitous "We Are Farmers" television commercials, has agreed to sell its longtime headquarters campus on Wilshire...


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