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Raleigh, N.C.-based First Citizens Bank & Trust Company recently announced the expansion of its presence in southern California through the acquisition of two office properties in San Diego, one of the leading technology and life sciences markets in the U.S.
The new portfolio additions will include space that supports both associates and clients, including from the...
The Bureau of Labor Statistics estimates that, this decade, roughly 60% of jobs will not require applicants to have an associate’s, bachelor’s or graduate degree — an evolution that is not accidental, but rather the result of several shifts within the U.S. labor market.
Among a variety of driving factors, the mounting cost of college education is the most obvious incen...
Boston-based BXP’s planned 930,000-square-foot tower at 343 Madison Ave. has secured a $1.2 billion construction loan, a massive chunk of the estimated $2 billion needed to complete the development of 46-story prime office space in Manhattan, N.Y., situated near Gr...
A joint venture between PCCP and Stonemont Financial Group has officially finalized the acquisition of a massive, 5.9-million-square-foot industrial portfolio from seller Blackstone. The off-market transaction closed on July 29 for upwards of $1 billion with advisory services provided by Eastdil Secured. Financing for the purchase was arranged through debt from JP Morgan and ...
The office competes with working from home now, not only with other buildings. For anyone who can do the job from the kitchen table, coming in has to be worth the effort, and that one shift has changed what amenities are for.
Amenities used to be a detail that helped close a lease or fill a brochure. In a hybrid setup they carry real weight, affecting whether employee...