Tag Archives: Office

Office Lease Up (May 15) F5 Networks Preleases 48-Story Office Tower

F5 Networks, Inc. a computer and data processing company, signed a 14.5-year office lease for 515,000 square feet at the in-development office tower rising at 801 5th Ave. in Seattle, WA. The 48-story, 528,000-square-foot office building will sit atop the 19-story SLS Hotel with F5 Networks occupying floors 20 thru 48. Construction is expected to

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US Office Vacancy Rises for First Time Since 2010 as Construction Peaks and Rent Growth Slows

The U.S. office vacancy ticked up 0.1% in the first three months of 2017 to 10.3% marking the first quarterly increase since 2010. Total net absorption in the US office market slipped approximately 9% from the same period a year ago as developers added an additional 19 million square feet of new office space across

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Japan’s Mori Trust Establishes US Subsidiary, Buying 2 Office Buildings in Boston

Tokyo-based Mori Trust Co, Ltd. has established a US subsidiary and kicked off its overseas investment business with a deal to buy two office buildings in Boston. The trust is looking to invest up to $ 7 billion overseas. “We set investments in overseas real estate as a key business strategy [last summer] in an

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