Day: May 29, 2019
Day: May 29, 2019
The Houston region saw the third-highest job creation rate among the nation’s 12 largest metropolitan areas in April, the Bureau of Labor Statistics reported Wednesday.
The Seattle and Puget Sound office market is still evolving, but its future is murky. Tech job market growth continues to fuel demand for office space, particularly large, high-end blocks. But pressures like traffic gridlock, lack of affordable housing and the slow process from start to delivery weigh heavy on its long-term viability.
In separate deals, KBS has closed on the sale of two office buildings which were part of the KBS Real Estate Investment Trust II portfolio.
KBS Real Estate Investment Trust II, a publicly registered non-traded real estate investment trust, has sold two Class A office properties, Emerald View at Vista Center and the Pierre Laclede Center, for a combined $131.5 million.
