Published by Jamie on Wednesday, December 30 2009 at 4:50 PM
The well-known Statler Tower in downtown Buffalo used to be the talk of the town. Those days have long-since past, and the dark days have fallen upon it. The building was purchased at an auction over the summer, and the buyer continues to not pay the remaining balance due of $800,000.
Published by Jamie on Wednesday, December 30 2009 at 4:25 PM
The United States Social Security Administration has just renewed its lease in Galveston, Texas, for another two years. In 2008, after Hurricane Ike temporarily moved the administration to office space in League City, the Administration discussed making the move permanent. However, with one day left to make a decision, the Administration is staying right where they are.
Published by Billy on Wednesday, December 30 2009 at 4:10 PM
2009 is not painting a pretty picture for many markets, and it’s making no exceptions regarding office space in Columbia, SC. Just this year alone, occupancy rates fell from 87 percent to 75 percent.
Published by Sarah on Tuesday, December 29 2009 at 4:19 PM
The new Great American Tower, a new office building in Cincinnati, is now taking shape as the region’s largest building. The tower has a deadline of January 2011, reaching 563 feet high, in order for its largest tenant, Great American Insurance, to move in.
Published by Jamie on Monday, December 28 2009 at 10:28 PM
Published by Billy on Sunday, December 27 2009 at 4:24 PM
For the office space industry, 2009 has been a tough year. However, the numbers are coming in for the fourth quarter and things seem to be looking up for various industries. Dallas is just one of those lucky markets who finished the year on a high note.
Published by Sarah on Saturday, December 26 2009 at 2:48 PM
Construction has just begun for five different multi-use spaces, set for retail and office space n Santa Barbara’s Evergreen Village. The new project is being built to replace the nearly 50-year old Evergreen Center shopping mall.
Published by Sarah on Wednesday, December 23 2009 at 3:12 PM
And Akron-based office designer/dealer has sold their firm to outside company APG Office Furnishings . Business Interiors and Environments (BIE) has been dedicated to designing and furnishing office interiors since 1973, and have offices in Akron and Cleveland.
Published by Jamie on Tuesday, December 22 2009 at 9:14 PM
Q3 is steadily showing signs of life for various markets across the U.S. Mountain View, a city in southern California, is one of those lucky few. According toMountain View Voice, office space vacancies in the downtown were at 11.4 percent, down from 13.9 percent.
Published by Billy on Monday, December 21 2009 at 9:50 PM
Access America, a travel insurance company, is defying the odds and expanding their Chattanooga office space. Throughout this year, the company has been seeking space due to overpopulation in their current space.
Published by Sarah on Sunday, December 20 2009 at 4:40 PM
Basin Street Properties has purchased Petaluma’s Marina Business Center, prime office space in Petaluma, CA. Basin Street agreed to enter into a joint venture with the Marina Office Park Associates who currently handle the facility.
Published by Jamie on Friday, December 18 2009 at 4:23 PM
Schlosser Development Corp is planning on constructing a brand new 600,000 square foot multi-use project, including retail, condominiums, and office space in Charlotte, NC.
Published by Billy on Friday, December 18 2009 at 4:15 PMFacebook signs a lease in Palo Alto, CA, expanding their footprint and doubling their employee base.
Published by Sarah on Thursday, December 17 2009 at 9:55 AMRecent studies are showing the effect bad posture plays in employee health and morale. To combat this growing problem, companies nationwide are investing in the TrekDesk.
Published by Sarah on Wednesday, December 16 2009 at 10:53 PMFirst Financial's unexpected rapid growth in 2009 has brought a requirement for additional office space.
Published by Jamie on Tuesday, December 15 2009 at 10:58 PM
Stone & Youngberg, a national financial services firm, is expanding their offices to downtown Chicago. Though the firm has office stretched across the U.S., but their expansion in the Midwest will help aid in the continued growth of what is considered to be a key region of the country.
Published by Billy on Monday, December 14 2009 at 8:10 PM
While the office space industry has consistently reported a plummet in occupancy rates, there are very few areas of the nation that are receiving good news as vacancy numbers are accounted. Anchorage’s numbers are in, and they don’t appear to be doing all that bad.
Published by Billy on Friday, December 11 2009 at 3:23 PM
Boston’s Pro Source, Inc, a staffing and IT support company, announced they have recently leased 3,434 square feet of office space in Waltham. Their new space will be located in the Hobbs Brook Office Park, which is the first office park in Boston’s metropolitan area.
Published by Jamie on Friday, December 11 2009 at 2:47 PMVirgina IT consulting group fills office building in Fairfax by leasing its last 8,000 square feet.
Published by Jamie on Thursday, December 10 2009 at 5:28 PM
Seattle’s historic Pioneer Square is due for change. Over the years, the district has steadily declined from riots, increased homelessness, and the bad press surrounding it. Recently, neighborhood organizations have been creating a great buzz to try and help bring life back to the area, specifically by appealing to businesses with office space.
Published by Sarah on Wednesday, December 09 2009 at 5:29 PM
Reyes Holdings, leading brewer and foodservice provider, is moving their headquarters in Rosemont, IL – just outside Chicago – about a mile down the road.
Published by Sarah on Tuesday, December 08 2009 at 2:46 PM
Harrisburg, PA, located just west of Allentown, is seeing a drive of business away from downtown office space. Companies have been thwarted to lease space based on a potential tax increase because of a great debt owed on a local incinerator which the city acted as guarantor.
Published by Billy on Monday, December 07 2009 at 9:21 PM
Hallmark Development has preleased 12,359 of [url=http://us.officebroker2,500 square feet vacant. This is just one of a few good pieces of news for Hallmark’s office buildings.
Published by Billy on Sunday, December 06 2009 at 8:42 PM
Adams and Reese, a New Orleans-based law firm is expanding their offices to Sarasota and St. Petersburg. The offices currently belong to struggling firm, Ruden McClosky, who are looking for ways to even out their overhead.
Published by Sarah on Saturday, December 05 2009 at 10:47 AM
A unique designed office building in downtown St Louis is officially on the market. The 128,000 square foot structure has lain vacant for six years, with very little inquiry activity.
Published by Jamie on Thursday, December 03 2009 at 5:29 PM
Cincinnati’s new high-rise isn’t quite complete but is already causing a stir. The Great American Tower (GAT) is a $400-million building that was thought to re-shape office space in downtown Cincinnati. But it’s not just the finishing of the construction during a recession that has everyone talking .
Published by Sarah on Wednesday, December 02 2009 at 9:31 PM
The Illinois state government is looking for office space in Springfield to house four different agencies.
Published by Jo on Wednesday, December 02 2009 at 10:54 AM
KamberEdelson LLC is a nationally recognized law firm that has business office rentals in New York, California, Chicago and Florida. They arguably handle the most complex litigation transactions around.
Their Chicago office rental just got a facelift. The executive office features ping-pong tables that convert into conference room tables and a Wii Console in the lobby.