Tenants expect that any new, glassy office tower will bring with it a suite of amenity offerings. But what about those attracted to smaller loft office buildings? It turns out that these chic assets are increasingly setting aside space to lure in office users.

Fully outfitted suites appeal to tenants looking for an easy move, according to Colliers’ executive vice president. Many folks working in commercial real estate agree that offices need to be especially appealing nowadays to entice people back to the office. But who ultimately covers the initial cost of an upgraded office: the landlord or the tenant?

Since its emergence, the collection of environmental, social and governance factors under the acronym of ESG has garnered widespread interest and support.

Chicagoland Commercial Real Estate, Inc. recently completed three office leases totaling 12,775 square feet within the city of Chicago. Two of the transactions were for space in the Loop and the third was in Chicago’s desirable River North neighborhood.

Improving economic conditions have led to a significant increase in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. The NAIOP CRE Sentiment Index for April 2021 reached 54, significantly higher than the August/September 2020 reading of 45, which reflected a generally negative outlook for conditions.

Loans for new apartment projects have been a slam dunk for lenders for nearly the past decade, but there is a new sense of caution developers should be aware of, according to Nicholas Minoia of Diversifed Properties LLC.

Avtex, a customer experience consulting firm, has renewed the lease of its headquarters building at Northland Center, a Class-A, Wired-Certified, LEED EBOM Silver-Certified office park in the Minneapolis-St. Paul-Bloomington, Minnesota MSA. The office park is part of the portfolio of commercial real estate investor KBS.

On Jan. 18th, Commercial Property Executive hosted its annual Influence Awards ceremony, which honored the year’s most notable developments, deals, transactions and people. 

Cushman & Wakefield has renwed its 39,565-square-foot lease at the Northland Center office building in Bloomington, Minnesota. KBS, the owner of the building, now plans to modernize the 40,000-square-foot concourse level, adding to the amenities already available to tenants.

International petroleum consulting company DeGolyer and MacNaughton (D&M) recently signed a long-term lease extension for 65,543 square feet at Providence Towers at 5001 Spring Valley Rd. The company will continue to occupy floors seven through nine in the East Tower, with the space also serving as the company’s headquarters.

The Dallas market is a thriving ecosystem of diverse companies, top talent and local culture, all of which are attractive to KBS as an office owner, says Merz in this EXCLUSIVE.

In recent years, Dallas-Fort Worth has been named one of the best places to live in the country — word has since gotten out. Earlier in 2017, Dallas News reported, “Dallas-Fort Worth leads [the] nation in people relocations”, with an estimated “246 people arriving daily”, according to Census data. Uprooting your life and moving to a new city is a tall order, so what makes the city such an attractive destination for transplants? According to the latest data, the answer is jobs — plenty and counting.

A new report from CBRE ranks the Washington D.C. region among the fastest-growing tech markets, with accelerations logged in both tech employment and rents for the area’s office space.

KBS, Newport Beach, Calif., completed three refinances totaling $527 million for assets in Chicago, San Jose and Charlotte, N.C.

The InterFace Conference Group, Southeast Multifamily & Affordable Housing Business and Southeast Real Estate Business are pleased to host the 13th annual InterFace Multifamily Southeast informational and networking conference on December 1st at the Westin Buckhead in Atlanta. The event will focus on who is buying, building, operating and financing apartment properties in Georgia, Florida, Alabama, Louisiana, Tennessee and the Carolinas and traditionally attracts leading apartment professionals from across the Southeast, as well as national players active in Southeast markets.

The ULI/PWC report details why real estate remains desirable to investors even with some economic uncertainty.