News: Brokerage

Monday Props. arranges three leases: 20,000 s/f

Monday Properties completed three leases at 1101 Wilson Blvd. totaling 20,000 s/f. The U.S. General Services Administration (GSA) has signed an 11,000 s/f expansion to its existing 20,000 s/f at 1101 Wilson Blvd. The GSA also renewed 4,000 s/f at the building. The Reporters Committee for Freedom of the Press renewed its 5,000 s/f space on the 11th floor of 1101 Wilson. Charles Dilks and Kurt Stout from Grubb & Ellis represented landlord Monday Properties for the GSA leases. Both renewals and expansion were managed by John Wharton and Rob Bowman of Monday Properties. The Reporters Committee has been at 1101 Wilson since 2004 and the renewal will keep them through 2014. 1101 Wilson Blvd. has recently undergone a $4.5 million renovation to the lobby, ground floor retail space, passenger elevators and upper level transfer lobby of the 24-story, 312,763 s/f class A office building. In addition to investing in the property, Monday Properties has continued to work closely with its current tenants such as the GSA and its anchor tenant, BAE Systems, to not only renew their space but to take on major expansions to best address their needs.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,