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VanTrust Real Estate Completes Acquisition of Utah’s Salt Lake Lumber Building

VanTrust Real Estate Completes Acquisition of Utah’s Salt Lake Lumber Building

by Phil Hall | May 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

VanTrust Real Estate, a Kansas City-based, full-service real estate development company, has completed its purchase of Utah’s historic Salt Lake Lumber Building. The three-story, 26,997-square-foot brick building was built in 1909 and features exposed heavy timber,...
Cress Capital Acquires Denver Office Tower

Cress Capital Acquires Denver Office Tower

by Phil Hall | May 3, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate investment firm Cress Capital has acquired The 410, a 24-story office building located in the Downtown Denver. The property at 410 17th St. is near the Colorado State Capitol and encompasses approximately 440,000 square feet of office space – including...
Apple Signs 42,000 SF Office Lease in Florida

Apple Signs 42,000 SF Office Lease in Florida

by Phil Hall | Apr 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

After searching for Miami-area office space for nearly three years, Apple Inc. (NASDAQ:AAPL) will soon open an office in Coral Gables. Bisnow reported the high-tech giant has signed a 42,000-square-foot lease in the north tower of the Plaza Coral Gables that...
Office Vacancy Rates in Manhattan Reach Record Highs

Office Vacancy Rates in Manhattan Reach Record Highs

by Phil Hall | Apr 2, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

If anyone is looking to lease office space in Manhattan, there is no shortage of choices – two new data reports point to historically high vacancy rates in the heart of the Big Apple. Data from Colliers determined the borough’s office availability rate in the first...
Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

by Phil Hall | Mar 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Adam Neumann, the co-founder and former CEO of the bankrupt WeWork Inc. (OTCMKTS: WEWKQ), submitted an offer to acquire the co-working company for more than $500 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the matter,”...
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