Tishman Speyer Trades Mountain View Office Building for $121.5M

Tishman Speyer sold 400 Castro Street, a 100 percent leased, Class A office building in downtown Mountain View, California. Spear Street Capital was the buyer in the $121.5 million transaction.   Tishman Speyer developed the... Read more »

Investor Duo Inks Refi on 301K-SF Torrance Office Property

Waterfall Asset Management and Delaware Life closed on a $64.7 million loan facility to refinance The Torrance, a 301,000-square-foot Class A office property in Torrance, California. Originally constructed in 1988, The Torrance... Read more »

Koeppel Rosen Arranges Three Office Leases in Midtown, Midtown South

Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, has arranged nearly 18,000 square feet of new office space leases, comprised of separate transactions at three different properties in the company’s portfolio.  Max... Read more »

California Gov. Newsom lists Sacramento mansion for $7.5 million

Gov. Gavin Newsom’s sprawling Sacramento-area mansion is up for sale. The 12,700-square-foot mansion in Fair Oaks — an unincorporated community in Sacramento County bordering the American River — has been listed for... Read more »

Law Firm Dunn Isaacson Rhee Establishes NYC Office at 7 World Trade Center

Silverstein Properties announced that Dunn Isaacson Rhee LLP has signed a new lease for 11,167 square feet of office space on the 34th floor of 7 World Trade Center. The lease establishes a... Read more »
Port of Long Beach buys downtown office tower as vacancies surge

Port of Long Beach buys downtown office tower as vacancies surge

The Port of Long Beach has continued to plant roots downtown with the acquisition of an office tower. The port spent $36 million to buy the property at 100 Oceangate, a 13-story... Read more »
Major international ad agency moves to El Segundo

Major international ad agency moves to El Segundo

Ad agency Innocean USA, which creates advertising for Hyundai and others, has agreed to move its U.S. headquarters to El Segundo in one of the largest leases of the year in the... Read more »
The Next Office Cycle Will Be Defined by Scarcity, Not Oversupply

The Next Office Cycle Will Be Defined by Scarcity, Not Oversupply

After years of uncertainty in the office sector, shrinking construction pipelines, improving leasing activity, and the ongoing preference for high-quality space are leading to a more selective market. Recent reports from Colliers,... Read more »
How an L.A. company ditched rigid office mandates and got workers back

How an L.A. company ditched rigid office mandates and got workers back

Los Angeles video gaming company Riot Games abandoned its return-to-office requirements in January, and surprisingly, more of its employees have been showing up at work. Two years of dictating that everyone commute... Read more »
NAR Spells Out Broker Duties For Office Exclusives, Pre-Marketing

NAR Spells Out Broker Duties For Office Exclusives, Pre-Marketing

NAR published new guidance clarifying what agents and brokers must explain and disclose when sellers choose an office exclusive or pre-marketing listing, plus rules on active-listing status and Clear Cooperation Policy compliance.... Read more »