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HUD HQ Building Listed for ‘Accelerated Disposal’

HUD HQ Building Listed for ‘Accelerated Disposal’

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
Fidelity Investments to Sublease Boston HQ Ahead of Relocation

Fidelity Investments to Sublease Boston HQ Ahead of Relocation

by Phil Hall | Apr 10, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Fidelity Investments has put its 803,000-square-foot Boston headquarters on the market for sublease as it prepares to move into a smaller space elsewhere in the city. Bisnow.com, citing an unnamed “source close to the building,” reports the financial services company...
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million

by Phil Hall | Apr 4, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Kingsbarn Realty Capital has paid $105 million to acquire the Class A office building 1601 Vine Street in the Hollywood submarket of Los Angeles. The 115,000-square-foot property – which has five levels of underground parking – was developed by JH Synder Company in...
Voice of America Parent Agency Cancels Lease on New DC Headquarters

Voice of America Parent Agency Cancels Lease on New DC Headquarters

by Phil Hall | Mar 17, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The US Agency for Global Media (USAGM), the parent agency for Voice of America, Radio Free Europe/Radio Liberty and Radio Free Asia, is cancelling its 15-year lease on its Washington, DC-based headquarters as the Trump administration plans to eliminate the agency. In...
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities

SBA to Relocate Regional Offices Out of 6 Sanctuary Cities

by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The US Small Business Administration (SBA) announced plans to relocate regional offices from six cities that enforce sanctuary city policies. In a press statement, the SBA stated its regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will...
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