Commercial Real Estate News

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Nestle’s Nespresso Opens Office in Manhattan

April 10, 2018| Commercial Real Estate News, Leasing, Office| Views: 129

  Nespresso, a Nestle brand, is going to open a new office in Manhattan—more precisely, in the Chelsea neighborhood. The luxury coffee and espresso machines provider has...

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Former WeWork Executive Opens Coworking Hub in Santa Monica

April 5, 2018| Commercial Real Estate News, Coworking, Office| Views: 155

  Frank Bistrian, a former WeWork executive who launched his own coworking company named work well win, plans to open an entrepreneurial hub in Santa Monica, Calif. The...

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Cerus Consolidates Office Roots in California

April 5, 2018| Commercial Real Estate News, Leasing, Office| Views: 313

  Biomedical product manufacturer Cerus Corp. is consolidating its presence in Concord, Calif., its home city, by entering a long-term lease agreement with Sierra Pacific...

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Kemper Relocates Corporate HQ to Iconic Chicago Skyscraper

April 4, 2018| Commercial Real Estate News, Leasing, Office| Views: 181

  Out with the old, in with the new—Kemper Corp. is going to leave its current headquarters at 1 East Wacker Drive and relocate to 200 East Randolph St., the third-tallest...

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Is Your Job Likely to Be Taken Over by AI?

April 4, 2018| Commercial Real Estate News, Office, Technology| Views: 405

In its most recent global report concerning the future of work, McKinsey & Co. estimates that, by 2030, up to 800 million individuals could lose their jobs to automation and...

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Are You a Freelancer from Jacksonville? Bring Your Laptop to These Coffee Shops

April 3, 2018| Commercial Real Estate News, Coworking| Views: 401

  The River City might not be a freelancing Mecca, but it does have an emerging community of individual workers. At this time, most digital nomads have to work from...

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SendGrid Triples Orange County Office Footprint

March 30, 2018| Commercial Real Estate News, Leasing, Office| Views: 70

  Digital communication platform SendGrid is set to triple its footprint in Orange County, Calif., by relocating its local offices to the heart of the region’s fast-growing...

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Boston Medical Complex Expansion Project Receives Green Light

March 30, 2018| Commercial Real Estate News, Development, Healthcare| Views: 79

  German real estate investor DWS has received board approval to move forward with the renovation and expansion project of the medical office complex at 50 and 60-62...

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Former Randalls Distribution Facility in Houston Switches Owners

March 30, 2018| Commercial Real Estate News, Deals, Industrial| Views: 80

  The former Randalls cooler warehouse and distribution center in Houston has changed hands. The Texas-based supermarket chain has recently been sold by its parent company,...

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Industrial Property in Low-Vacancy LA Submarket Sells for $17M

March 30, 2018| Commercial Real Estate News, Deals, Industrial| Views: 50

  Rexford Industrial Realty has recently acquired an industrial property in Cerritos, Calif., in the low-vacancy Los Angeles Mid-Counties submarket. The company, which...

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