Top 5 NYC Office Building Sales—October 2024

Top 5 NYC Office Building Sales—October 2024

Source: PropertyShark, a Yardi Systems Company Sale Price: $159.4 million Extell Development Co. bought the 198,347-square-foot office building in Manhattan’s Lenox Hill neighborhood from Williams Equities, at a sale price of $803.8 per square foot. The acquisition was financed with…
Carr Workplaces Expands DC-Area Footprint

Carr Workplaces Expands DC-Area Footprint

The Hartford building was awarded LEED Gold recertification for existing buildings in April. Image courtesy of CommercialEdge Carr Workplaces, a provider of short-term coworking and flex space, has signed a 26,331-square-foot lease with Comstock Holding Cos. in Arlington, Va. The new…
Clarion Partners Pays M for Charleston Asset

Clarion Partners Pays $25M for Charleston Asset

The industrial facility is within Jedburg Logistics Center, a two-building industrial campus in Summerville, S.C. Image courtesy of JLL Clarion Partners has acquired Jedburg Logistics Park Building 2, a 158,340-square-foot Class A distribution facility in Summerville, S.C., within the Charleston,…
Leading Markets Shape Coworking Space Growth

Leading Markets Shape Coworking Space Growth

Source: CommercialEdge In November, CommercialEdge data provides a snapshot of the nation’s coworking landscape, highlighting the top 10 markets driving the growth of shared office space. These key locations showcased notable variations in footprints, reflecting the evolving demand for flexible…
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