Financial services firm GFI Group has signed one of lower Manhattan’s largest office leases this year as it consolidates its office footprint from another building nearby.
The U.S. National Science Foundation plans to relocate its Northern Virginia headquarters in a move that will enable the U.S. Department of Housing and Urban Development to take over NSF's current offices.
A developer betting that a new office-heavy mixed-use development near Washington, D.C., can lure tenants even in a challenging market has landed a deal for a major headquarters.
Montana Avenue Capital Partners, a real estate investment, management, and development company based in Los Angeles, has closed on the $84.5 million purchase of 53 and 63 South Ave. in Burlington, Massachusetts, near the interchange of I-95 and the Northwest Expressway northwest of Boston.
The owners of a Dolly Parton-inspired amusement park have reached a deal to buy a property in Idaho that’s described as the largest theme and water park in the Pacific Northwest.
Medical office vacancy rates have remained stable over the past decade, shielded from the headwinds facing the traditional office market. Vacancy for medical office has remained within a 2.3% spread, while traditional office vacancies have shown greater volatility, reaching highs of 16-17% and a spread of 7.4%. However, despite medical office vacancy not exhibiting the large quarter-over-quarter increases traditional office has been experiencing, medical office vacancy has crept up to 8.6%, a decade high, driven primarily by multistory medical office vacancy. Multistory vacancy ended the quarter at 10.1%, compared to 5.3% for single-story buildings.
After two years of steady gains, hotel performance across the Pacific Northwest has cooled notably this year, reflecting weaker business confidence, a pullback in government-related travel and a drop in visitors from Canada.
The International Luxury Hotel Association came to Prague last week to host its Inspire Europe 2025 conference for the first time in the continent since before the pandemic.
PRAGUE, Czech Republic — Developing and maintaining luxury hotels takes a lot of planning and data-driven decisions, but equal amounts of emotion and soul are required, too.
Hellier Langston, a leading commercial property consultancy on the South Coast, has unveiled a refreshed brand identity which it says reflects a new chapter for the company.
Global architecture, engineering and consultancy company Ramboll has increased its footprint in the centre of Bristol at Royal London Asset Management's The Distillery offices.
